Press release

Papendrecht, 8 March 2016

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from the National Petroleum Construction Company of Abu Dhabi, UAE for dredging work related to the installation of an offshore gas pipeline of the Abu Dhabi National Oil Company as well as to an existing offshore gas pipeline. The activities are due to commence in the first quarter of 2016 and will be executed in phases with completion expected in the second half of 2017.

Boskalis will dredge a trench for the installation of the new offshore gas pipeline over a total distance of more than 50 kilometers between Das Island and Ras Al Qila onshore Abu Dhabi. For this project a medium-sized trailing suction hopper dredger and a large cutter suction dredger will be deployed as well as backhoe dredgers for dredging in shallow waters. Following its installation, the pipeline will be backfilled. In addition, Boskalis will be backfilling an existing offshore pipeline with sand over a total distance of 34 kilometers with a trailing suction hopper dredger. This pipeline is located in the vicinity of the new pipeline.

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 closely relates to the 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 offshore energy sector including subsea, heavy transport, lifting and installation (through Boskalis, Dockwise and Fairmount) and towage and salvage (through SMIT). Furthermore, Boskalis has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage, SAAM SMIT Towage and Smit Lamnalco). With a versatile fleet of 1,000 units Boskalis operates in around 75 countries across six continents. Excluding its share in partnerships, Boskalis has approximately 8,500 employees.

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

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