Boskalis wins EUR 250 million export cable installation contract for Ostwind 2 grid connections
25 Novembre 2018 - 10:00AM
Papendrecht, 25 November 2018
Royal Boskalis Westminster N.V. (Boskalis) has
been awarded a sizable export cable installation contract for the
Ostwind 2 offshore grid connection. The contract was awarded by
50Hertz and carries a value for Boskalis in excess of EUR 250
million making this the largest cable installation contract
acquired by Boskalis ever.
The contract scope comprises design and
installation of approximately 270 kilometer of export cable that
will connect the planned Arcadis Ost 1 and Baltic Eagle offshore
wind farms to the onshore substation in Lubmin, Germany. The
project is expected to commence in 2019 with a planned completion
late 2022.
Boskalis will execute this contract in consortium
with its partner NKT that will supply the high-voltage cable
system. For this project Boskalis will deliver an integrated
solution of in-house services including supporting UXO survey,
geotechnical and geophysical surveys (through Boskalis subsidiary
Gardline), seabed preparation works, pre-lay run, transport and
installation of the 220kV export cables and seabed
reinstatement.
Boskalis will deploy a wide variety of its
in-house assets including trailing suction hopper and backhoe
dredgers, geophysical and geotechnical survey vessels, cable-laying
vessels and a wide range of trenching tools.
Peter Berdowski, CEO Boskalis: "We are very proud to have been selected for this contract,
the largest cable installation contract ever for Boskalis. The fact
that we are able to combine our dredging services, recently
acquired survey capabilities together with our cable installation
competencies demonstrates Boskalis' ability to offer a unique
breadth of services. We look forward to further expanding this
position for our clients as the leading subsea cable installation
contractor."
Boskalis' strategy is aimed at benefitting from
key macro-economic factors which drive worldwide demand in our
markets: expansion of the global economy, increase in energy
consumption, global population growth and the challenges that go
hand in hand with climate change. This project is related to the
development of generating renewable energy due to climate change
and increasing energy consumption.
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.
Boskalis Cable Laying Vessel
pdf version press release
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
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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