Boskalis subsidiary VBMS awarded Borssele Beta export cabling contract
30 October 2017 - 6:00PM
Papendrecht, 30 October 2017
Royal Boskalis Westminster N.V. (Boskalis)
announces that its subsidiary VBMS in consortium with NKT Cables
has been awarded the Borssele Beta contract by TenneT for the
installation of two 67-kilometer-long export cables that will
connect the Borssele offshore wind farms 3 and 4 to TenneT's
onshore grid in the Netherlands. In addition, VBMS will install a
seven-kilometer-long interconnector cable between the Borssele
Alpha and Beta offshore substations. The contract value of
Boskalis' share is approximately EUR 70 million.
The grid connection of the Borssele offshore wind
area in the North Sea consists of two 700 MW connections, called
Alpha (for Borssele 1 and 2) and Beta (for Borssele 3 and 4). In
November 2016, VBMS was awarded the contract for Borssele Alpha as
well as the option for Borssele Beta, which has now also been
awarded. The four cables will be routed via the Western Scheldt
estuary and will come ashore near the existing high-voltage
substation at Borssele, the Netherlands.
In order to execute the project in a safe and
efficient manner, Boskalis has taken full advantage of the
expertise and capabilities within the group. To minimize
maintenance to the cables during their operational lifetime,
Boskalis will pre-sweep and dredge the shallow parts of the route,
which will enable VBMS to simultaneously lay and bury the export
cables at the required depth.
Borssele Alpha will go into service in 2019 followed by Borssele
Beta in 2020.
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.
PDF version of this press
release
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Source: Koninklijke Boskalis Westminster N.V. via
Globenewswire
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