Turkish Petroleum OTC has awarded Italian engineering company Saipem a new offshore contract worth approximately USD 1.5 billion for the third phase of the Sakarya gas field development project in Turkey. The announcement was made on September 10, 2025, in Milan, Italy.

Project Scope and Location

The Sakarya gas field is the largest offshore natural gas field discovered in Turkey and is located about 170 kilometers off the coast of Filyos, Zonguldak. The third phase of development will include a new dedicated floating production unit (FPU) that will be fed by 27 wells located in both the Sakarya and Amasra fields. These wells will be connected by a new trunkline to the onshore facility located in Filyos, on the Turkish Black Sea coast.

Saipem's scope of work encompasses the engineering, procurement, construction, and installation (EPCI) of 8 rigid flowlines and a 24-inch diameter Gas Export Pipeline (GEP). The pipeline will be approximately 183 kilometers long and will connect the offshore field to Filyos at a maximum depth of 2,200 meters.

Timeline and Execution

The overall duration of the contract is approximately 3 years. Saipem's Castorone will conduct the offshore campaign as a pipelay vessel in 2027. This represents the latest phase in an ongoing multi-phase development project that has been progressing over several years. Saipem has completed the first phase of the Sakarya field development project, which was awarded in 2021.

The company is currently finalizing activities related to the second phase, which was awarded in 2023. With the signing of this new contract, the company further consolidates its presence in Turkey and its involvement in a strategic project that contributes to the country's energy independence.

Company Profile and Operations

Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. The company is organized as "One Company" with business lines including Asset-Based Services, Drilling, Energy Carriers, Offshore Wind, and Sustainable Infrastructures. The company maintains 5 fabrication yards and operates an offshore fleet of 17 construction vessels owned and 13 drilling rigs, of which 9 are owned.

Saipem is oriented towards technological innovation, with the company's stated purpose being "Engineering for a sustainable future." The company is committed to supporting its clients on the energy transition pathway towards Net Zero, utilizing increasingly digital means, technologies, and processes geared for environmental sustainability. Saipem is listed on the Milan Stock Exchange and maintains a presence in more than 50 countries around the world. The company employs approximately 30,000 people representing over 130 nationalities.

Connect with Decision-makers about the Latest Oil & Gas Production Projects Around the World for business Opportunities.

Subscribe to our database on Oil & Gas Production Projects and Tenders Around the World to get access to reliable and high-quality insights on upcoming, under-construction, and completed {Sector} projects across the world or in your desired geographical location.

Our user-friendly platform provides essential details, timely updates, key stakeholder contact information, and business opportunities tailored for engineering companies, industry professionals, investors, and government agencies.