Subsea 7 has secured a variation order from Turkish Petroleum Offshore Technology Center relating to the Sakarya field development in the Black Sea.
Representing an extension to a contract announced on August 27, 2025, the award covers the third phase of the project.
Connecting the recently discovered Goktepe field to the phase three floating production unit is the primary objective of this agreement. Subsea 7 defined the value of the contract as being between $300 million and $500 million.
The scope of work includes the engineering, procurement, construction, and installation of approximately 20 kilometres of flexibles and 120 kilometres of umbilicals. Included in the project is a rigid production riser and subsea equipment to be placed in water depths of 2,200 metres.
Project management and engineering will be coordinated through the company office located in Istanbul. Offshore activities are expected by the company to occur in 2027 and 2028.
Senior Vice President David Bertin noted that the development of the Goktepe field, “will enable increased production through the Sakarya phase three facilities and support Turkey’s gas needs.”
He further stated that the company is continuing to assist with the work of Turkish Petroleum Offshore Technology Center in the Black Sea.
