Subsea 7 S.A. announced the award of a large contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye. The award will be booked in backlog in Second Quarter 2024. An initial contract was awarded in May 2023 to a consortium including SLB, Subsea Integration Alliance2 and Saipem for the engineering, procurement, construction and installation of the second development phase (2a) of the Sakarya gas field.

Today?s award expands the existing contract with Subsea Integration Alliance to include the installation of Türkiye?s first floating production unit as part of Phase 2a development. Subsea7?s scope will include the installation and integration of risers, umbilicals, hook-ups and mooring systems with the FPU. Project management and engineering will be coordinated through the Subsea7 office in Istanbul, Türkiye.