Contact details Public Relations Martijn Schuttevaer
+31 78 69 69 310

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Boskalis subsidiary SMIT Salvage awarded jack-up platform removal contract


Papendrecht, 4 February 2014

Royal Boskalis Westminster N.V. (Boskalis) subsidiary SMIT Salvage has been awarded a contract to remove a damaged jack-up platform from the seabed offshore Angola. Including the award of this contract, SMIT Salvage has acquired approximately USD 70 million of work year to date.

During its installation near a pigging platform in July 2013, the platform suffered a punch-through and subsequently rolled over and sank to a depth of 30 meters. This contract follows extensive site surveys and other preparatory activities carried out by a Boskalis survey team and by SMIT Salvage last September.

SMIT Salvage will remove the hull, legs and other components originating from the jack-up platform for which it will mobilize a diving support vessel, a work barge, anchor handling tugs and specialized equipment. Following the receipt of the required permits the salvage operation is expected to commence in the second quarter of 2014.

With a vast expertise built on 170 years of experience SMIT Salvage is synonymous with total commitment in the challenging field of sustainable marine emergency response and wreck removal. SMIT Salvage is a wholly-owned subsidiary of Boskalis.

FOR FURTHER INFORMATION

Investor Relations:
Martijn L.D. Schuttevâer
ir@boskalis.com

Press:
Arno Schikker
press@boskalis.com

T +31 78 6969310
F +31 78 6969020

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.