Subsea7 has secured a contract with Turkish Petroleum Offshore Expertise Middle (TP-OTC) to offer inspection, restore and upkeep (IRM) providers for Türkiye’s largest pure fuel subject.

The contract for the Sakarya fuel subject improvement within the Black Sea contains venture administration and engineering executed and managed from Subsea7 places of work in Istanbul, Türkiye, and Aberdeen, Scotland, in addition to the availability of apparatus, together with two work-class remotely operated automobiles (ROVs) and building personnel onboard TP-OTC’s mild building vessel Mukavemet.

Offshore operations will probably be carried out in 2025 and 2026.

Subsea7 mentioned the contract was a sizeable one, that means it’s price between $50 million and $150 million.

Hani El Kurd, Senior Vice President of UK and World Inspection, Restore, and Upkeep at Subsea7, mentioned: “We’re happy to have been chosen to ship IRM providers for TP-OTC within the Black Sea. This contract demonstrates our technique to ship engineering options throughout the complete asset lifecycle in shut collaboration with our purchasers. We sit up for persevering with to work alongside TP-OTC to optimise fuel manufacturing from the Sakarya subject and strengthen our long-term presence in Türkiye.”

Sakarya, the biggest pure fuel subject found in Türkiye, is situated roughly 150 kilometers off the coast of Ereğli.

To remind, Turkish Petroleum employed a consortium consisting of SLB, Subsea7, and Saipem on an engineering, procurement, building, and set up contract in Might 2023 for the second deliberate improvement part of the Sakarya fuel subject, consisting of subsea manufacturing programs (SPS) and subsea umbilicals, risers, and flowlines (SURF).

The venture execution will probably be overseen by Saipem and Subsea Integration Alliance, shaped by OneSubsea – the subsea applied sciences, manufacturing, and processing programs enterprise of SLB and Subsea7. 

Türkiye a few months in the past welcomed the arrival of its first-ever floating manufacturing, storage, and offloading (FPSO) vessel, which is able to double the fuel manufacturing from the deepwater fuel subject as soon as it kicks off its 20-year project in 2026.

Saipem’s pipelay vessel Castorone is presently on its solution to the venture web site the place it’ll carry out offshore pipeline set up.