In an official statement by the companies yesterday (18) on the Oslo stock exchange, a major cycle of partnership with Petrobras for Pipelay works and maritime operations with 6 vessels is closed

DOF Subsea and TechnipFMC announced that the Skandi Olinda, a Brazilian flag flexible vessel owned by the joint venture formed between DOF (50%) and TechnipFMC (50%), commenced her 8-year contract with Petróleo Brasileiro SA (Petrobras).

Skandi Olinda has state-of-the-art pipeline and marine technology. She has a 340-ton vertical layer system (VLS) tower capacity*, a 2.500-ton carousel and two working-class ROV**, allowing her to lay flexible pipes in water depths of up to 2.500 meters. It was built in the Brazilian shipyard of Vard Promar, where a replicant in the same parameters was also built, the Skandi Recife.

Under the DOF/TechnipFMC joint venture agreement, TechnipFMC will manage the flexible pipelay and DOF will be responsible for marine operations.

* Contracted capacity of 300 tons
** ROV: remotely operated vehicle

This event was first announced on the Oslo Stock Exchange via a press release at 22:30, 18.02.2019.

Comments from the CEO's of the companies

CEO of DOF Subsea, Mons S. Aase, said: “The extensive newbuild program of 4 PLSVs together with TechnipFMC has combined the subsea and vessel expertise across our organisations. Taking the final delivery of the Skandi Olinda and starting the contract with Petrobras marks the successful completion of the joint venture's newbuild program, which now has six ships. ”

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are delighted to have the Skandi Olinda join our fleet of specialist vessels. This new charter contract with Petrobras reinforces our commitment to the development of the Brazilian market and our extensive experience in ultra-deep water pipelines”. We look forward to seeing the vessel delivering projects in the field.”