Boskalis subsidiary VBMS signs Preferred Bidder Agreement for Moray OWF East
26 October 2017 - 5:00PM
Papendrecht, 26 October 2017
Royal Boskalis Westminster N.V. (Boskalis)
subsidiary VBMS has signed a Preferred Bidder Agreement for the
supply and installation of the inter-array cables for Moray
Offshore Windfarm East (MOWE) in the UK. MOWE is a joint venture
company owned by EDP Renewables (77%) and ENGIE (23%). The contract
award is subject to financial close which is expected to take place
in the second half of 2018.
The project scope includes the supply,
installation and burial, as well as termination and testing of
approximately one hundred 66kV inter-array cables. The project
execution will commence at the start of next decade.
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 closely 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 (SMIT Salvage). 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 11,700 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.
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information contained therein.
Source: Koninklijke Boskalis Westminster N.V. via
Globenewswire
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