May 26, 2017 3:10 AM ET

Construction and Engineering

Company Overview of Van Oord NV

Company Overview

Van Oord NV operates as a contractor for dredging, marine engineering, and offshore energy projects worldwide. Its dredging activities include ports and waterways, land reclamation, artificial islands, coastal defenses, dike construction, underwater drilling and blasting, and vertical and horizontal drainage construction. The company also provides offshore oil and gas services, such as offshore pipeline installation, subsea rock installation, and other offshore activities. In addition, it offers offshore wind farm construction services. The company was founded in 1868 and is based in Rotterdam, the Netherlands. Van Oord NV operates as a subsidiary of MerweOord B.V.

Schaardijk 211

Rotterdam,  3063 NH

Netherlands

Founded in 1868

Phone:

31 88 826 0000

Fax:

31 88 826 5010

Key Executives for Van Oord NV

Chief Executive Officer and Member of Executive Board
Age: 55
Chief Financial Officer
Age: 47
Chief Operational Officer and Member of Executive Board
Age: 55
Director of Technical Department
Director of Personnel & Organisation
Compensation as of Fiscal Year 2016.

Van Oord NV Key Developments

Royal Boskalis Westminster N.V. and Van Oord Wins Contract by the Brazilian Ministry of Transport

Royal Boskalis Westminster N.V. (Boskalis) and joint venture partner Van Oord have been awarded a contract by The Brazilian Ministry of Transport, Ports and Civil Aviation for the capital and maintenance dredging of the port of Santos. The contract carries a total value for the joint venture of approximately EUR 110 million.

Royal Dutch Shell plc, Van Oord NV, Eneco and Diamond Generating Europe Limited to Build 700MW of Offshore Wind Farms in Dutch North Sea

A Royal Dutch Shell-led consortium has won the rights to construct the Borssele III and IV offshore wind projects, which have a combined capacity of 700MW, in the Dutch North Sea. The consortium also comprises Van Oord NV, Eneco and Diamond Generating Europe. Planned to be built about 22km out of the coast of Zeeland in The Netherlands, the Borssele III & IV projects will be operated with a subsidy of 300m which is substantially lower than the originally expected subsidy of 5 billion. Two projects are designed to generate more than 3.200GWh of power per annum. The partner made a bidding price of 54.50 ($57.99) per MWh for the wind project. The tender marks the second of five bidding rounds planned by the government.

Van Oord Wins Two Contracts by International Contractor Subsea 7

Van Oord has been awarded two contracts by international contractor Subsea 7. The assignments include the construction of a landfall and the execution of subsea rock installation works in Egypt. The projects are part of the West Nile Delta project, which comprises the development of a series of gas fields, located 65 km off the northern coast of Egypt. Final client is oil and gas company BP.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 28, 2016
Bilfinger Marine & Offshore Systems GmbH, Offshore Wind Activities
 

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