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Türkiye’s TP-OTC, Italy’s Saipem seal $425M deal for Sakarya Gas Field expansion

A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal city of Caesarea, Israel on Dec. 19, 2019. (AFP Photo)
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A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal city of Caesarea, Israel on Dec. 19, 2019. (AFP Photo)
January 02, 2026 04:04 PM GMT+03:00

Turkish Petroleum Offshore Technology Center (TP-OTC AS) and Italian engineering company Saipem have signed a $425 million offshore contract as part of additional activities under the expansion of the third phase of the Sakarya Gas Field development project.

The agreement covers offshore works related to the extension of Phase 3 of the Sakarya Gas Field, according to a statement released by Saipem.

Goktepe gas discovery to be linked to Sakarya Phase 3

Under the scope of the contract, Saipem will carry out the engineering, procurement, construction and installation (EPCI) of three additional offshore pipelines with a total length of 153 kilometers, along with associated subsea infrastructure.

The pipelines will connect a newly discovered natural gas reserve in the Goktepe field to the Sakarya Phase 3 facilities.

The Goktepe field is located approximately 80 kilometers from the Sakarya Phase 3 site and lies at a water depth of about 2,200 meters.

The company said the new subsea infrastructure will enable increased production from the Sakarya Gas Field as part of the ongoing field development.

A view of Turkish General Directorate of Mineral research and Exploration's Oruc Reis seismic research vessel docked at Haydarpasa port, which searches for hydrocarbon, oil, natural gas and coal reserves at sea in Istanbul, Türkiye on Aug. 23, 2019. (AFP Photo)
A view of Turkish General Directorate of Mineral research and Exploration's Oruc Reis seismic research vessel docked at Haydarpasa port, which searches for hydrocarbon, oil, natural gas and coal reserves at sea in Istanbul, Türkiye on Aug. 23, 2019. (AFP Photo)

Agreement extends previous Phase 3 development work

The offshore contract has a duration of around 2.5 years and is a continuation of an earlier agreement signed in September last year for the development of the third phase of the Sakarya Gas Field.

The new agreement expands the scope of Phase 3 by adding further offshore activities required to integrate the Goktepe gas discovery into the existing Sakarya infrastructure.

Offshore operations set for second half of 2027

Offshore operations under the contract are scheduled to be carried out in the second half of 2027.

Saipem said the offshore installation work will be performed using its Castorone pipelay vessel, which will be responsible for laying the pipelines and installing the related subsea infrastructure as part of the Sakarya Phase 3 expansion.

January 02, 2026 04:04 PM GMT+03:00
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