Offshore engineering and services player Subsea 7 has been awarded a contract by the Turkish Petroleum Offshore Technology Centre for work on the Sakarya field.
The project was awarded for the development of phase 3 of the Sakarya field development in the Black Sea, offshore Turkey.
Subsea 7’s scope includes engineering, procurement, construction, and installation of the subsea umbilicals, risers and flowlines.
Project management and engineering will commence immediately and will be managed by the company’s office in Istanbul.
Precise financial details were not revealed. However, Subsea 7 described the contract as major, placing it in the $750m to $1.25bn range.
“We are proud to continue our journey with TP-OTC on the Sakarya gas field development project, supporting Turkey’s vision for energy independence,” said Hulya Ozgur, Subsea 7 Turkey business unit director.
