Boskalis Snaps Up BoDo’s Cable Installation Business

Boskalis has reached an agreement with SPIE to acquire offshore cable installation activities and assets of Bohlen Doyen (BoDo).

BoDo’s offshore cable laying business operations comprise of grid to grid and offshore substation to shore connections, which includes the installation of (nearshore) offshore cables and the connection of offshore wind farms to substations.

The scope of the transaction includes the acquisition of the equipment, burial tools, personnel plus several smaller commercial and maintenance contracts.

According to Boskalis, the most important assets are three large cable laying barges with capacities ranging from 800 to 4,000 metric tons.

BoDo’s track record includes the cable installation on projects including BorWin 3, DolWin 3 and NordLink. As subcontractor to Prysmian BoDo was involved in the first phase of the Ostwind project for 50Hertz. Recently Boskalis received the award for Ostwind 2 for which BoDo is well-positioned to execute the nearshore activities.

Boskalis aims to close the transaction in the first quarter 2019.

Share this article

Follow Subsea World News

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Submarine Networks World 2019

As the key annual gathering for decision makers in the subsea communications value chain, they offer a dedicated platform…

read more >

8th International Conference 2019 Offshore Wind Power Substations

The International Conference Offshore Wind Power Substations is a technical event for experts in the wind industry.

read more >

Wind Turbine Towers

Wind Turbine Towers is a technical event for experts in the wind industry and the goal is to push forward technical development for future tower concepts.

read more >

Seatrade Europe 2019

The three day event will  take place in the hub of the European cruise industry, Hamburg; Germany…

read more >