Petroleum Africa
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Wednesday, February 11, 2015
Dyna-Mac Holdings Ltd. out of Singapore secured a LoA for the construction of six topsides units for a FPSO. The LoA is with Armada Cabaca Ltd., an affiliate of Bumi Armada Berhad and is worth an estimated $48 million.
The topsides will be used on the FPSO destined for ENI’s Block 15/06 East Hub development offshore Angola. The topsides FPSO modules are scheduled to be delivered by Q1 2016.
Desmond Lim, CEO of Dyna-Mac said: “We are delighted to be selected by Bumi Armada’s affiliate, Armada Cabaca Ltd to partner them in their strategy as a top-tier global FPSO player. Since 2011 we have successfully delivered 14 units of the topside modules to their fleet of FPSOs with 4 more modules in various stages of construction. We are heartened by their trust and confidence in our offshore topside modules building capabilities. We are fully committed to the timely delivery of the modules entrusted to us while meeting stringent quality, safety, health and environmental standards. We will continue to build on this partnership to achieve win-win synergy going forward.”
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