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Subsea7 Secures Major Contract for Sakarya Field Development

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Subsea7 Secures Major Contract for Sakarya Field Development

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An announcement from Subsea 7 ( (GB:0OGK) ) is now available.

Subsea7 has secured a major contract from the Turkish Petroleum Offshore Technology Center for the development of phase 3 of the Sakarya field in the Black Sea. This project, which involves engineering, procurement, construction, and installation of subsea umbilicals, risers, and flowlines, reinforces Subsea7’s commitment to supporting Türkiye’s energy goals and strengthens its regional presence.

The most recent analyst rating on (GB:0OGK) stock is a Buy with a NOK248.00 price target. To see the full list of analyst forecasts on Subsea 7 stock, see the GB:0OGK Stock Forecast page.

More about Subsea 7

Subsea7 is a global leader in delivering offshore projects and services for the evolving energy industry. The company focuses on creating sustainable value by being the industry’s partner and employer of choice, offering efficient offshore solutions.

Average Trading Volume: 365,886

Current Market Cap: NOK62.52B

See more insights into 0OGK stock on TipRanks’ Stock Analysis page.

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