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Boskalis announces Iraq contract

Contributor: Editorial, 13 September 2012

Royal Boskalis Westminster N.V. today announced the winning of a new annual contract by their associate company Smit Lamnalco with the Iraq Crude Oil Export Expansion Project.

The contract for operational and maintenance of a Single Point Mooring Operation off the Al Fao Peninsula is worth approximately USD 70m and commences in November 2012. The initial contract is for one year but has extension options annually for the following two years.

Boskalis is listed on the Amsterdam stock exchange with the symbol BOKA.AMS and provides dredging and earthmoving, maritime infrastructure and maritime services.

Koninklijke Boskalis Westminster NV
About €2.8 Billion (2011)
Entity type: