Subsea7 Wins IRM Contract for Sakarya Gas Field Offshore Turkey
(P&GJ) — Subsea7 has been awarded a contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) to provide inspection, repair, and maintenance (IRM) services for the Sakarya gas field in the Black Sea, the company said on Dec. 30.
The project includes engineering and project management based in Subsea7’s Istanbul and Aberdeen offices, along with equipment supply and construction personnel onboard TP-OTC’s light construction vessel, Mukavemet. Operations are slated to take place in 2025 and 2026.
The contract is valued between $50 million and $150 million, according to Subsea7’s classification of a "sizeable" project.
“We are pleased to have been selected to deliver IRM services for TP-OTC in the Black Sea,” said Hani El Kurd, Senior Vice President of UK and Global IRM at Subsea7. “This contract demonstrates our strategy to deliver engineering solutions across the full asset lifecycle in close collaboration with our clients. We look forward to continuing to work alongside TP-OTC to optimize gas production from the Sakarya field and strengthen our long-term presence in Türkiye.”
Related News
Related News
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- US Poised to Become Net Exporter of Crude Oil in 2023
- EIG’s MidOcean Energy Acquires 20% Stake in Peru LNG, Including 254-Mile Pipeline
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Newsom Seeks to Aid Struggling Refiners Following Valero’s California Exit
Comments