Royal Boskalis Westminster N.V. (Boskalis) announces that VSMC, its strategic cable-laying joint venture with VolkerWessels, has been awarded a contract by Sandbank Offshore Windfarm GmbH (a joint venture of energy companies Vattenfall and Stadtwerke München). The scope of work for VSMC includes cable supply, CPS, installation, post lay burial and termination and testing of 76 infield cables. The total contract value to VSMC is EUR 90 million. The project execution is scheduled to start in August 2015 and will be completed by mid 2016.
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 is closely related to the development of generating renewable energy due to climate change and increasing energy consumption.
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