Koninklijke Boskalis Westminster N.V.: Boskalis joint venture awarded cable-laying contract for Dudgeon Offshore Wind Farm

    Koninklijke Boskalis Westminster N.V.: Boskalis joint venture awarded
             cable-laying contract for Dudgeon Offshore Wind Farm

Papendrecht, 3 July 2014

Royal Boskalis Westminster N.V. (Boskalis) announces that VSMC, its strategic
cable-laying joint venture with VolkerWessels, has been awarded a contract by
Dudgeon Offshore Wind Limited, owned by Norwegian companies Statoil and
Statkraft, for the export and inter-array cabling for the Dudgeon Offshore
Wind Farm. The project has a total contract value of EUR 110 million (Boskalis
share EUR 55 million).

VSMC will perform two 1,100-meter horizontal directional drillings at the
landfall in 2015, followed by the installation of two 42-kilometer export
cables in 2016. The scope of work also includes the design, supply,
installation, terminations and testing of 67 infield cables with a total
length of approximately 100 kilometers. The Dudgeon Offshore Wind Farm is
located 32 kilometers off the coast of North Norfolk in the United Kingdom.
The 67 wind turbines can generate a total capacity of 400MW.

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 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 offshore
energy sector including subsea, heavy transport, lifting and installation
(through Boskalis Offshore and Dockwise) and towage and salvage (through
SMIT). It also has a strategic partnership in terminal services (Smit
Lamnalco). With a versatile fleet of over 1,100 units Boskalis operates in
around 75 countries across six continents. Including its share in
partnerships, Boskalis has more than 11,000 employees.

This press release can also be found on our website www.boskalis.com.

PDF version of this press release

------------------------------------------------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf
of NASDAQ OMX Corporate Solutions 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
HUG#1812670
 
Press spacebar to pause and continue. Press esc to stop.