Politics

Turkey enlists Subsea7, SLB to develop country’s first FPU on Sakarya offshore natural gas field


(WO) – Subsea 7 S.A. announced the award of a “large” contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya natural gas field development in the Black Sea, offshore Türkiye. According to a statement, the contract is valued between $300 million and $500 million.


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.

Olivier Blaringhem, Chief Executive Officer, Subsea Integration Alliance said, “We are proud to receive this contract award extension by TP-OTC to install the country’s first floating production unit. We look forward to our continued collaboration with TP-OTC and our consortium partners to unlock the full potential of the Sakarya gas field and advance Türkiye’s energy security goals.”

Franck Louvety, Senior Vice President of Subsea7’s Global Project Centre – West said, “Today’s award extends Subsea7’s involvement in the ongoing development of Türkiye’s first deepwater gas field. In collaboration with TP-OTC, Subsea7 and our consortium partners will now deliver another milestone for the country – its first FPU installation.”

An initial contract was awarded in May 2023 to a consortium including SLB, Subsea Integration Alliance and Saipem for the engineering, procurement, construction and installation of the second development phase (2a) of the Sakarya natural gas field.

The 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.

Subsea Integration Alliance is a global alliance between OneSubsea and Subsea7, bringing together field development planning, project delivery, innovative contracting models and total life cycle solutions under the world’s leading subsea technology and services portfolio

 

 





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