Subsea7 secures large variation order from TP-OTC for Sakarya field development

Subsea7 has secured a large variation order from Turkish Petroleum Offshore Technology Center AS (TP-OTC) for the Sakarya field development in the Black Sea, Türkiye. This order represents an extension of Subsea7's existing engagement, with a comprehensive scope encompassing the engineering, procurement, construction, and installation (EPCI) of flexibles, umbilicals, a rigid production riser, and associated subsea equipment. The primary objective of this expanded work is to connect the Goktepe field to the Phase 3 floating production unit, further integrating and developing the broader Sakarya gas field infrastructure. This "large variation order" underscores Subsea7's continued strategic importance to TP-OTC's critical Sakarya development, demonstrating client confidence and securing a substantial revenue stream for the supplier. For TP-OTC, this agreement is crucial for advancing the multi-phase Sakarya project, enabling the integration of new fields like Goktepe and optimizing production infrastructure. The deal highlights the ongoing investment in complex deepwater gas developments in the Black Sea, a region of increasing strategic importance for energy security.