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Turkey hands Italy's Saipem $1.5bn deal to expand gas field

Summary by AGBI
Turkish Petroleum OTC contract Sakarya is largest offshore gas field Saipem also works for Aramco Turkish Petroleum OTC, a unit of state-owned Turkish Petroleum Corporation, has awarded a $1.5 billion contract to Italy’s Saipem to expand the Sakarya gas field.  Sakarya is Turkey’s largest offshore natural-gas field and is located nearly 170km off the coast of Filyos, in the Black Sea province of Zonguldak. It has a production area of 2,200 sq km…
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AGBI broke the news in on Thursday, September 11, 2025.
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