Koninklijke Boskalis Westminster NV: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Koninklijke Boskalis Westminster NV's Associate Secures Marine Operations Contract In Iraq
Koninklijke Boskalis Westminster NV announced that its associated company Smit Lamnalco has been awarded an annual contract by Petrofac to support Single Point Mooring operations 20 km off the Al Fao Peninsula for the Iraq Crude Oil Export Expansion Project (ICOEEP). The annual contract value is approximately USD 70 million (Boskalis share 50%) and services will commence November 2012. The Single Point Mooring (SPM) contract covers operations and maintenance of four SPM systems. The contract has an initial duration of one year with two annual extension options resulting in a potential total contract value of USD 200 million. The agreement involves the full scope of maritime support services for the crude oil export facilities.
Latest Developments for Koninklijke Boskalis Westminster NV
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- Koninklijke Boskalis Westminster NV Raises FY 2013 Net Profit Guidance Above Analysts' Estimates
- Koninklijke Boskalis Westminster NV Completes Sale of Dockwise Yacht Transport Activities
- Koninklijke Boskalis Westminster NV Completes Sale Of SMIT Gladstone Towage Operation To Smit Lamnalco
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