Boskalis awarded subsea contract by Total for redevelopment of Tyra offshore gas field

Papendrecht, 4 October 2018

Royal Boskalis Westminster N.V. (Boskalis) has been awarded the "Tyra Redevelopment Subsea Installation Phase II" contract by Total E&P Denmark. The sizable contract includes subsea engineering, procurement, fabrication and installation for the Tyra Redevelopment project in order to extend the operational lifetime of the Tyra offshore gas field by at least 25 years.

Boskalis will provide a broad range of specialist subsea contracting activities for relocating and connecting subsea pipelines as well as the installation of manifolds, vertical platform production risers and umbilicals. The project will be carried out from the Boskalis offices in Papendrecht and Aberdeen as well as in Esbjerg, Denmark prior to the project's execution. The majority of work offshore will be executed with the high-end diving support vessel Boka Atlantis which was recently added to the Boskalis fleet.

Boskalis is very pleased with this award building on a long established and successful relationship with Total. Furthermore, in line with the Corporate Business Plan 2017-2019, this contract further strengthens Boskalis' position in the area of subsea IRM, installation and SURF (Subsea Umbilicals, Risers & Flowlines).

For further information

Investor relations:
Martijn L.D. Schuttevâer
ir@boskalis.com

Press:
Arno Schikker
press@boskalis.com

T +31 78 6969310

Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world with services including the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. In addition, Boskalis offers a wide variety of marine services and contracting for the oil and gas sector and offshore wind industry as well as salvage solutions. Furthermore, Boskalis has a number of strategic partnerships in harbor towage and terminal services (Kotug Smit Towage, Keppel Smit Towage, Saam Smit Towage and Smit Lamnalco). With a versatile fleet of more than 900 vessels and floating equipment and 10,700 employees, including associated companies, Boskalis operates in 90 countries across six continents.

This press release can also be found on our website www.boskalis.com.

PDF version press release
Photo Boskalis diving support vessel Boka Atlantis

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Koninklijke Boskalis Westminster N.V. via Globenewswire

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