11:41 PM EDT, 09/23/2026 (MT Newswires) -- Subsea7 (SUBC.OL) said Wednesday that the Turkish Petroleum Offshore Technology Center extended its contract linked to the Sakarya Phase 3 gas development in offshore Turkey. The Norwegian subsea engineering group said the extension is worth between $50 million and $150 million and covers installation and connection services to support commissioning of the project's floating production unit. Provision of management and engineering services on the project started immediately, with commissioning of the production unit planned for 2028.

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