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Ticker: BOKA
ISIN: NL0000852580

Boskalis signs multi-year subsea services contract in Middle East

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Papendrecht, 8 January 2019

Royal Boskalis Westminster N.V. (Boskalis) has signed a multi-year subsea services agreement in the Middle East. The base value of the three-year contract amounts to USD 40 million with an option to extend.

Under the terms of the contract commencing, Boskalis will carry out a broad spectrum of subsea IRM services including integrity assessments for offshore platforms and tripods, wellhead jacket inspections, integrity assessments and inspections of pipelines and light ad-hoc construction work.

Boskalis will deploy the diving support vessel BOKA Constructor with ROV for this contract, fully crewed with air diving/ROV teams and options for saturation diving.

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.




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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