Subsea7 Secures Contract for Sakarya Gas Field Development in the Black Sea
Offshore services firm Subsea7 has recently announced that it has been awarded a ‘sizeable’ contract by Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair, and maintenance (IRM) services for the Sakarya gas field development in the Black Sea.
The scope of the contract includes project management and engineering services, which will be executed and managed from Subsea7 offices in Türkiye and Scotland. In addition, Subsea7 will provide equipment, including two work-class remotely operated vehicles (ROVs), for the project. The company will also be responsible for sourcing the construction personnel onboard TP-OTC’s light construction vessel Mukavemet.
While the exact value of the contract has not been disclosed, Subsea7 has classified it as ‘sizeable,’ typically ranging between $50 million and $150 million. The offshore operations are scheduled to take place in 2025 and 2026.
Hani El Kurd, Senior Vice President of UK and Global Inspection, Repair, and Maintenance at Subsea7, expressed his enthusiasm for the project, stating, “We are pleased to have been selected to deliver IRM services for TP-OTC in the Black Sea. This contract demonstrates our strategy to provide engineering solutions across the full asset lifecycle in close collaboration with our clients. We look forward to working alongside TP-OTC to optimize gas production from the Sakarya field and strengthen our long-term presence in Türkiye.”
This contract further solidifies Subsea7’s position as a leading provider of offshore services and highlights the company’s commitment to delivering high-quality solutions for complex projects in the oil and gas industry.