A JV between Boskalis and Allseas secures a €1.2bn contract from Taiwan’s CPC to develop a new offshore gas pipeline. The project involves constructing the YT2 pipeline, increasing gas supply capacity in the northern region. Scheduled to start in 2026, the project is expected to be completed by 2028, enhancing energy infrastructure in Taiwan. The pipeline will run parallel to existing infrastructure and involves trenching, installing crossings, backfilling, and landfalls. Boskalis and Allseas will divide responsibilities within the consortium, reinforcing their leading position in the offshore sector.

Read more at Yahoo Finance: Boskalis-Allseas consortium secures $1.4bn pipeline contract in Taiwan