Boskalis associate Smit Lamnalco signs first 10-year terminal services contract in Mozambique

Papendrecht, 18 September 2019

Royal Boskalis Westminster N.V. (Boskalis) announces that Smit Lamnalco, a 50% associated company, has been awarded a substantial 10-year contract with additional extension options by Coral FLNG to provide integrated marine services to the first Mozambique Floating Liquefied Natural Gas (FLNG) terminal. This marks the first terminal services contract award for the Mozambique offshore LNG developments. The contract value for Smit Lamnalco amounts to approximately USD 200 million and services will commence early 2022.

For the delivery of its services Smit Lamnalco will deploy three new 95 ton bollard pull tugs to provide escort, berthing and unberthing services to LNG carriers at the FLNG facility. A new offshore support vessel will be utilized to provide logistical and marine services support.

Coral FLNG is a consortium of ENI, ExxonMobil, CNPC, Kogas, Galp Energia and ENH. The FLNG terminal is located approximately 80 kilometers offshore Palma Bay and operates in a water depth of 2,000 meters.

FOR FURTHER INFORMATION

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

Press:
Arno Schikker
press@boskalis.com

T +31 786969310
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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 core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and 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 more than 800 vessels and floating equipment and 10,500 employees, including associates, Boskalis is creating new horizons around the world.

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