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New offshore contracts at a value of EUR 80 million

The area Offshore of Van Oord has been awarded several various projects in Norway, Denmark, Australia and South Korea. The award of the Ormen Lange II contract in Norway requires rock installation to protect the subsea templates and infield pipelines in over 800 m of water. The amount of rock to be installed is approximately 650,000 tonnes. This contract with StatoilHydro has a value of EUR 28 million. The works will be executed in various campaigns this year and in 2009 by the flexible fallpipe vessel Nordnes.

Danish client DONG requires scour protection around 92 wind turbines foundations at the Horns Rev 2 Wind Farm. A total amount of approximately 85,000 tonnes is required. The contract value of this project, that is due to be completed in 2008, is EUR 7 million. Side stone dumping vessel HAM 601 will be deployed on this project.

In Australia the Pluto Offshore dredging project, involving pre-trenching of 6 km of the pipeline route with its landfall in Dampier on the coast of Western Australia, will be executed during the first half of 2008. This contract, awarded by client Woodside, has a value of EUR 19 million. The backhoe dredger Hippopotes will carry out the work. Drilling and blasting and onshore works are part of the scope as well.

Also in Australia the Blacktip shore approach will be constructed for an offshore pipeline from the ENI operated field to shore. Main contractor Saipem is responsible for the offshore pipeline installation and has subcontracted Van Oord for the trenching and backfilling works and the pipepull of 2 x 2 km for 12 inch and 18 inch pipelines. The backhoe dredger Hippopotes will be used to execute this project in the second half of 2008. The total subcontract value is some EUR 16 million.

In South Korea a contract with Client SKEC has recently been signed for the trenching and rock protection works over approximately 7 km of 42 inch pipelines from two offhore loading buoys to shore. For this project, known as the Ulsan Buoy Relocation Project the dredging works will be executed by the trailing suction hopper dredger Volvox Delta, while the side stone dumping vessel Jan Steen will be used to execute the rock protection works dumping more than 1 million tonnes of rock over a period of approximately 6 months. With a contract value of USD 25 million, the project will run until the end of this year.

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