Hunting gets follow-up subsea joints order for Black Sea gas project

Hunting Plc’s Subsea Spring division will supply six titanium stress joints for the Phase 3 development of the Sakarya gas field in the Turkish sector of the Black Sea.

These will feature Hunting’s ‘Direct Pull-thru Tube’ technology, with the joints employed on the two FPSOs. First delivery is expected early in 2027.

Hunting is also supplying equipment for the Phase 2 development, which should be completed by 2026. Combined value of the two awards is about $51.6 million.

The company is also pursuing opportunities in Phase 3 for its recently acquired Flexible Engineered Solutions.

Turkey announces $30-billion Black Sea discovery

Earlier this year, Turkey has made what is being called a “significant” discovery of a natural gas in the Black Sea, valued at approximately $30 billion.

President Recep Tayyip Erdogan announced that the new field, discovered by the Goktepe-3 well, contains 75 Bcm of gas, enough to meet the residential needs of the country for about 3.5 years. 

The Goktepe-3 well is located some 69 km from Turkey’s Sakarya gas field.