SMIT Salvage to Remove Damaged Jack-Up Platform Offshore Angola

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.

Boskalis, February 4, 2014

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