Saipem Wins $1.5 Billion Contract for Sakarya Gas Field in Turkey

Reported 1 day ago

Saipem has secured a $1.5 billion contract from the Turkish Petroleum Offshore Technology Center for the third phase of development at the Sakarya gas field, Turkey's largest offshore natural gas discovery. This phase includes the engineering, procurement, construction, and installation of flowlines and a gas export pipeline that will connect the field to an onshore facility. Operations are set to commence in 2027, building on Saipem's previous work on the project.

Source: YAHOO

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