Boskalis Secures Rock Installation and Subsea Contracts in Scandinavia

Boskalis Secures Rock Installation and Subsea Contracts in Scandinavia

Royal Boskalis Westminster N.V. (Boskalis) has acquired two offshore energy-related contracts in Scandinavia with a combined value of around EUR 100 million.

Boskalis Offshore has been awarded in joint venture a contract by the international energy company Statoil for various rock installation works up to 600 meters water depth in the North Sea and the Norwegian Sea. The work comprises preparing the seabed for the installation of pipelines and other structures on the sea floor as well as the installation of post-lay rock berms. This will involve the deployment of fallpipe vessels, including the Rockpiper, which are expected to process in excess of four million tons of rock sourced from Norwegian quarries. Work is scheduled to commence in 2013 and to be completed at the end of 2015.

EDT PROTEA

In addition, Boskalis Offshore has been awarded a subsea contract for the Dan Bravo Rationalisation (DABRAT) project for Maersk Oil in the Danish section of the North Sea. The project involves both the preparation and construction work to the Dan A and Dan B offshore oil production facilities. Two Diving Support Vessels, Protea and Constructor, will be deployed to execute this subsea work. Depending on the water depth both saturation diving and air diving will be used. In addition, various tasks will be executed using Remotely Operated Vehicles. The work will take place in 2013 and 2014.

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. These projects are closely related to the increasing energy consumption.

Press Release, December 21, 2012

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