Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Wednesday, March 4, 2026

Subsea7 has secured a large variation order by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye.

The award represents an extension to the contract announced by Subsea7 in August 2025 for the third phase of Sakarya and will connect the recently discovered Goktepe field to the Phase 3 floating production unit.

The scope of work comprises engineering, procurement, construction and installation (EPCI) of approximately 20 kilometers of flexibles, 120 kilometers of umbilicals, a rigid production riser and associated subsea equipment in water depths of 2,200 meters.

Project management and engineering will be coordinated through the Subsea7 office in Istanbul, Türkiye. Offshore activities are expected in 2027 and 2028.

Subsea7 classified the contract as large, meaning it is valued between $300 million and $500 million.

“We are proud to continue to support TP-OTC in their ambitions in the Black Sea with the development of the Goktepe field, which will enable increased production through the Sakarya Phase 3 facilities and support Türkiye’s gas needs,” said David Bertin, Senior Vice President of Subsea7’s Global Project Centre - East.

“We look forward to continuing our long-term relationship with TP-OTC, which is making a significant contribution to the development and growth of the Turkish energy industry,” added Hulya Ozgur, Business Unit Director Subsea7 Türkiye.

Categories: Offshore Vessels Subsea Industry News Activity Europe Asia Oil and Gas

Related Stories

Oil Executives Flag Long-Term Impact of Iran Conflict

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

Iran War Exposes Risks of Fossil Fuel Dependence

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

Current News

Oil Executives Flag Long-Term Impact of Iran Conflict

Oil Rises as Iran Denies US Talks, Supply Risks Persist

CNOOC Names New CEO

Qatar LNG Exports Cut 17% After Missile Strikes, $20B Revenue Loss Expected

China’s Sinopec Plans to Skip Iranian Oil, Tap Strategic State Reserves

IEA Weighs Further Oil Stock Releases as War on Iran Continues

ADNOC Gas Adjusts LNG Output Amid Hormuz Disruptions

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

US to Deploy Amphibious Assault Ship, Marines to Middle East

Indian Gas Tankers Prepare to Sail Through Strait of Hormuz

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