Date: 27 August 2007
Royal Boskalis Westminster nv has received a letter of intent for a 120 million contract from the Australian energy company Woodside for the development of the "Pluto LNG"-gasproject in in North West Australia.
The project includes the construction of an access channel and a turning basin. The total quantity of sand and rock material to be dredged is approximately 8 million m³. Boskalis will deploy some large trailing suction hoppers and a jumbocutter for this job. The project execution is scheduled to commence in November 2007 and will take approximately 18 months.
This is another Boskalis project driven by the growing global demand for energy and the related large scale development of gasfields and construction of LNG-ports and terminals. Boskalis currently works on similar projects in Qatar, Angola, Taiwan, India and Russia.
Royal Boskalis Westminster nv is an international group with a leading position in the world market for dredging services. Its core activities are the construction and maintenance of ports and waterways, land reclamation, coastal defense and riverbank protection. The company holds important home market positions in and outside of Europe and targets all market segments in the dredging industry. It also has positions in strategic partnerships in the Middle East (Archirodon) and in offshore services (Lamnalco). Boskalis has a versatile fleet of over 300 units and operates in over 50 countries across five continents. Including its share in partnerships, Boskalis has approximately 8,000 employees.
For further information please contact:
Roel Berends - Corporate Relations
Telephone: +31 (0)78 69 69 822 / +31 (0)6 2001 0232
Fax: +31 (0)78 69 69 805
This press release can also be found on our website www.boskalis.com.
For IR matters contact our Director of Investor Relations & Corporate Communications.
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