VEIDEKKE ASA The Norwegian company Veidekke Entreprenør AS and the Belgian company DEME Environmental Contractors (DEC), member of the DEME Group, have established a joint venture and entered into a contract for remediation of the historic refinery site located at Valløy near Tønsberg (Norway), on behalf of Esso Norge AS. The contract is valued at approximately NOK 470 million.
The joint venture company will be known as JV VEIDEC ANS.
"This will be the largest environmental project Veidekke has taken part in. Our environmental experience, contracting experience and local knowledge in combination with DEC's international remediation competence, has allowed us to develop and offer environmentally and financially viable solutions that meet ESSO Norge's high expectations regarding safety, quality and the environment," says Tore Frogner of Veidekke.
"DEC, who has already a long track record and expertise in national and international projects, is looking forward to this challenging project with the highest safety and environmental standards in cooperation with our local partner, Veidekke. We are proud that the customer recognized and acknowledged DEC and Veidekke's expertise and core values by awarding us the contract," says Sven Mollet, General Manager Export with DEC.
Work will commence in October 2015, and completion is slated for Q2 2019. (The contract value is included in Veidekke's order backlog for Q2.)
For press photos, see www.flickr.com/photos/veidekke:
http://www.flickr.com/photos/veidekke, for more information, contact:
EVP Dag Andresen of Veidekke Entreprenør, tel.: +47 91 55 14 10, dag.andresen@veidekke.no
:
mailto:dag.andresen@veidekke.noTore Frogner of Veidekke Entreprenør, tel.: +47 41 66 05 29, tore.frogner@veidekke.no
:
mailto:tore.frogner@veidekke.noCommunications Manager Helge Dieset of Veidekke ASA, tel.: +47 90 55 33 22, helge.dieset@veidekke.no:
mailto:helge.dieset@veidekke.no
Sven Mollet, General Manager Export DEC, tlf.: +32 3 250 53 24, mollet.sven@deme-group.com
:
mailto:mollet.sven@deme-group.comHendrik Nollet, Project Engineer DEC, tel. : tel.: +32 477 93 93 64, nollet.hendrik@deme-group.com
:
mailto:nollet.hendrik@deme-group.comAnn Wittemans, Communication manager DEME, tlf. +32 3 210 67 94, wittemans.ann@deme-goup.com:
mailto:wittemans.ann@deme-goup.com
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About Veidekke
Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of construction and civil engineering contracts, maintains roads, and produces asphalt and aggregates. The company is characterised by involvement and local knowledge. Turnover is NOK 24 billion (2014), and half of the 6,400 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.
About DEME
The Belgian dredging, hydraulic engineering and environmental group DEME has earned itself a prominent position on the world market in a few highly specialist and complex hydraulic disciplines. Having its core-business in dredging operations and land reclamation, the group diversified into hydraulic projects at sea, services to oil and gas companies, the installation of offshore wind farms, environmental activities such as soil remediation and sediment recycling, and revalidation of brownfields and wreck clearance. Its multi-disciplinary know-how and experience, project synergies and integrated business structure allowed DEME to grow into a global solutions provider. The Group owns one of the most modern, high-tech and versatile fleets for dredging and hydraulic engineering activities. DEME employs 4,600 people. In 2014 the Group realised a turnover of EUR 2.58 billion.
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Source: Veidekke ASA via Globenewswire
