The Luxembourg-headquartered offshore energy player Subsea7 has announced the award of a contract by Turkish Petroleum Offshore Technology Center (TP-OTC).
The project was awarded to Subsea 7 for the development of phase 3 of the Sakarya field development in the Black Sea, offshore Türkiye.
Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of the subsea umbilicals, risers and flowlines (SURF).
The project management and engineering will commence immediately and will be managed by the Subsea7 office in Istanbul, Türkiye, as the company mentions.
Subsea7 states that the contract is valued as being between $750 million and $1.25 billion.
“This award builds on our track record in Türkiye and further reinforces our relationship with TP-OTC, demonstrating Subsea7’s expertise in delivering complex, integrated offshore projects safely and reliably. It underlines our commitment to supporting Türkiye’s strategic energy goals and advancing our strong regional presence,” says David Bertin, senior vice president for Subsea7 Global Projects Centre East.
