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Subsea 7 Secures Strategic Contract in Türkiye
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Subsea 7 Secures Strategic Contract in Türkiye

Subsea 7 (GB:0OGK) has released an update.

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Subsea 7 has secured a contract valued between $50 million and $150 million to provide inspection, repair, and maintenance services for the Sakarya gas field in the Black Sea. The project will involve operations in 2025 and 2026, managed from their offices in Istanbul and Aberdeen, showcasing Subsea 7’s commitment to delivering lifecycle engineering solutions. This contract is a strategic move to enhance their presence in Türkiye and optimize gas production in collaboration with Turkish Petroleum Offshore Technology Center.

For further insights into GB:0OGK stock, check out TipRanks’ Stock Analysis page.

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