In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational assets in the Northeast.
Subsea 7 S.A. has confirmed the award of a major contract by Turkish Petroleum for the second phase of the Sakarya field development offshore Türkiye in the Black Sea.
This decision is based on several challenges facing the project, including technology availability, rising cost and a strained timetable to deliver on the original concept.
