In a separate announcement, Dyna-Mac Holdings Ltd (“Dyna-Mac”) which is 24%-owned by KEP announced that it is currently repositioning its business to pursue opportunities in the green hydrogen market. As such, Dyna-Mac is currently evaluating the need to expand its yard facilities and other operational synergies to undertake new projects. Dyna-Mac is an EPC provider that specialises in offshore structures (eg: topside modules for floating production storage and offloading vessels) and floating storage and offloading vessels.
Governments are racing to incentivise projects for domestic and export green hydrogen markets — working hard to attract the billions of dollars expected to be invested over the coming years.”
The United States has a hydrogen road map. Germany plans to invest nine billion euros, while for France and Portugal the figure is seven billion euros each. Britain plans to spend £12 billion (€13 billion), Japan $3 billion, and China $16 billion by 2020 to green up their industries
Santos has awarded a $4.6bn contract to BW Offshore to supply the floating production, storage, and offloading (FPSO) vessel for the $3.6bn Barossa offshore gas and condensate project in Australia.
BW Offshore plans to build the FPSO in South Korea and Singapore. The processed natural gas from the FPSO will be exported to the Darwin LNG plant via the Darwin pipeline system
So just a 50% of the $4.6 BILLION FPSO project value come to Dyna Mac ...
and Keppel offshore wouldn't be taking on any new rig or offshore orders after their review ....
Dyna Mac will shoot up big time !
Sharpshooter post=2566824th March 2021
Santos has awarded a $4.6bn contract to BW Offshore to supply the floating production, storage, and offloading (FPSO) vessel for the $3.6bn Barossa offshore gas and condensate project in Australia.
BW Offshore plans to build the FPSO in South Korea and Singapore. The processed natural gas from the FPSO will be exported to the Darwin LNG plant via the Darwin pipeline system
Brazil will offer subsea engineering, procurement, construction and installation (EPCI) opportunities worth billions of dollars by 2025.At least 11 such contracts will be awarded during the period.
Petrobras
has launched a tender for contracting services for its
Búzios
7 project, off the southeast coast. The contract involves FPSO anchoring and subsea equipment, installations and interconnections of rigid and flexible pipes and umbilicals of the production system
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