Saipem awarded $425 million contract to develop Turkey's largest offshore gas field

Italian engineering group Saipem won a $425-million contract to continue the development of Turkey’s largest offshore natural gas field.

The contract, awarded by Turkish Petroleum OTC covers the third phase in a project for the development of the Sakarya Field, with a focus on the construction three additional?pipelines, totaling around 153 km along with subsea structures.

Saipem announced in a press release that these facilities will connect the newly discovered Goktepe Gas Reserve?to Sakarya’s phase 3 facility.

The Goktepe field, located at a depth of 2,200 meters (about 80 kilometers) from the Sakarya Phase 3 site will increase production capacity when it is connected to the existing infrastructure.

Saipem was already involved in Sakarya’s first and second phases. The contract will run for two and half years, and it will continue the development of Sakarya that was signed in September 2025.

The company said that offshore installation work would be carried out by Saipem’s pipe-laying ship?Castorone? in the second half 2027.

The Sakarya gas field is Turkey's largest gas discovery. It has been heavily invested in to reduce its reliance on imported energy and increase energy security. (Reporting and editing by Keith Weir.)

(source: Reuters)