TechnipFMC (NYSE: FTI) and DOF Subsea said on June 14 that the Skandi Recife, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture (JV) formed between TechnipFMC (50%) and DOF (50%), commenced its eight year charter contract with Petrobras (NYSE: PBR).

The vessel will work in the Campos, Santos and Espírito Santo basins.

Skandi Recife has state of the art pipelay and marine technology. The vessel has a 340 tons Vertical Lay System tower, 2,500 tons underdeck carousel and two work-class ROVs, allowing it to lay flexible pipes in water depths up to 2,500 m (8,202 ft). It was built by Vard Promar Brazilian yard, where its sister ship, Skandi Olinda, is currently under construction, with a high rate of Brazilian national content.

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

“We are very proud of this significant addition to our fleet in Brazil and to our partnership with DOF,” Hallvard Hasselknippe, president of Subsea activities at TechnipFMC, said. “The delivery of Skandi Recife and the commencement of a new contract with Petrobras reinforce our commitment to the development of the Brazilian market and our extensive ultradeepwater pipelaying experience.”

“Taking delivery of Skandi Recife and commencing the contract with Petrobras is an important milestone in our partnership with TechnipFMC. We are proud of this significant addition to our Brazilian fleet and look forward to seeing the vessel in operation in the years to come,” Mons S. Aase, DOF Subsea’s CEO, said.