A joint venture between Royal Boskalis Westminster N.V. and Van Oord has been awarded a LoI (Letter of Intent) for rock placement services for the Nord Stream 2 project. The award was made by the project developer Nord Stream 2 AG and is a part of the construction of the planned twin 1,200 kilometer gas pipelines running through the Baltic Sea, connecting Russia to Europe. The contract value is approximately EUR 250 million ($285 million), with a 50 percent share for Boskalis. Contract details are expected to be finalized in the next few weeks.