Oil & Gas News

Subsea 7  has confirmed the award of a major1 contract by Turkish Petroleum for the Sakarya field development offshore Turkey in the Black Sea. The award was announced on a redacted basis on September 29, 2021 and the contract was recorded in the backlog of Subsea and Conventional in the third quarter.

With such significant events as the G20 Environment, Climate and Energy Ministerial Meeting, the first ever UN High-level Dialogue on Energy and the two-years-long awaited UNFCCC COP26 in Glasgow, United Kingdom next month, 2021 has been dubbed as a year that will ‘make it or break it’ on climate action.

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