Subsea 7 (UK Service Co) Ltd: Subsea7 gets contract offshore
ByAinvest
Wednesday, Aug 27, 2025 2:44 pm ET1min read
Subsea 7 (UK Service Co) Ltd: Subsea7 gets contract offshore
Subsea 7, a leading provider of offshore projects and services, has been awarded a significant contract by Turkish Petroleum Offshore Technology Center (TP-OTC). The project, valued between $750 million and $1.25 billion, involves the development of phase 3 of the Sakarya field development in the Black Sea, offshore Türkiye [3].The contract, awarded on August 27, 2025, encompasses engineering, procurement, construction, and installation (EPCI) of subsea umbilicals, risers, and flowlines (SURF). Subsea 7 will manage the project from its office in Istanbul, Türkiye. The company's Senior Vice President for Subsea7 Global Projects Centre East, David Bertin, expressed pride in the award, highlighting Subsea 7's expertise in delivering complex, integrated offshore projects safely and reliably. Hulya Ozgur, Subsea7 Türkiye Business Unit Director, echoed this sentiment, emphasizing the company's commitment to supporting Türkiye’s energy independence and local content development [3].
This contract marks a significant milestone for Subsea 7, further solidifying its presence in the Turkish market. The award underscores the company's capabilities in managing large-scale offshore projects and its dedication to supporting the strategic energy goals of its clients. Subsea 7 is known for its innovative approach to offshore operations, including the use of advanced technologies to enhance safety, reduce costs, and minimize environmental impact [1].
In parallel, Subsea 7 has been making strides in the global market with its innovative Uncrewed Surface Vessel (USV) technology. The company's Reach Remote 2 USV has recently embarked on a mission to Australia to deliver services for Woodside Energy. This deployment showcases Subsea 7's commitment to providing cutting-edge, sustainable subsea solutions on a global scale [2].
The contract in Türkiye and the deployment of the Reach Remote 2 USV in Australia demonstrate Subsea 7's strategic expansion and its dedication to safer, smarter, and more sustainable offshore operations. As the company continues to invest in technology and innovation, it is poised to play a pivotal role in shaping the future of the offshore energy industry.
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_FWN3UJ0IT:0-subsea-7-says-company-awarded-contract-offshore-t-rkiye/
[2] https://www.tradingview.com/news/reuters.com,2025-08-26:newsml_ObirKBYDa:0-reach-subsea-s-usv-reach-remote-2-sets-sail-for-australia/
[3] https://finance.yahoo.com/news/subsea7-awarded-contract-offshore-t-182600617.html

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