SEATTLE (Oil Monster):Italian energy services contractor Saipem has secured a new offshore contract from Turkish Petroleum for additional work on the third phase of the Sakarya gas field development in the Black Sea.
Under the deal, Saipem’s engineering, procurement, construction, and installation (EPCI) scope covers three new subsea pipelines totaling approximately 153 km, along with associated subsea structures. The infrastructure will connect the recently discovered Goktepe gas field, located 80 km from Sakarya Phase 3 in water depths of around 2,200 meters, enabling increased natural gas production from the project.
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The $425 million contract spans roughly two and a half years and will be executed in continuity with Saipem’s earlier Sakarya Phase 3 contract signed in September 2025. The offshore campaign is scheduled for the second half of 2027 and will utilize Saipem’s Castorone pipelay vessel to install the pipelines efficiently.
Industry analysts note that the expansion strengthens Turkey’s energy infrastructure, enhancing domestic natural gas supply and supporting the country’s strategic energy goals. Saipem’s expertise in offshore pipeline installation and deepwater projects positions the company as a key player in the growing Black Sea gas market.
