Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Wednesday, September 10, 2025

Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.

The third phase of development entails a new dedicated floating production unit (FPU), fed by 27 wells located in the Sakarya and Amasra fields, connected by a new trunkline to the onshore facility located in Filyos, on the Turkish Black Sea coast.

Saipem’s scope of work encompasses the engineering, procurement, construction and installation (EPCI) of eight rigid flowlines and a 24-inch diameter Gas Export Pipeline (GEP), approximately 183 km long, connecting the offshore field, at a maximum depth of 2,200 meters, to Filyos.

The overall duration of the contract is approximately 3 years, while the offshore campaign will be conducted by Saipem's Castorone pipelay vessel in 2027.

Saipem has successfully completed the first phase of the Sakarya field development project awarded in 2021 and is finalizing activities related to the second phase awarded in 2023.

With the signing of this new contract, the company further consolidates its presence in Türkiye and its involvement in a strategic project that contributes to the country's energy independence.

Categories: Subsea Industry News Activity Europe Asia Black Sea Oil and Gas

Related Stories

Post-War Gulf Faces Push for Alternative Export Routes

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

Oil Flows to Lag Even if Hormuz Strait Reopens

Current News

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Post-War Gulf Faces Push for Alternative Export Routes

Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return

RINA Gets Safety Assessment Role on Indonesia's H2WATT Hydrogen Hub

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

Inpex, Unions Reach Deal to End Ichthys LNG Strike

Gulf Marine Services Restarts Ops of Evacuated Gulf Vessels

Japan’s Shipping Industry Awaits Clarifications on Hormuz Reopening

Oil Slumps as US-Iran Reach Initial Peace Deal to Reopen Strait of Hormuz

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com