With significant investment going into the Black Sea, the region will be a main focus area for subsea operations in 2017. So will the Eastern Mediterranean after partners in the Leviathan gas field offshore Israel approved a development plan for a huge production and export project. Offshore construction vessel owner Allseas has won a contract from South Stream Transport, an affiliate of Russian state-run gas giant Gazprom, to lay the first pipeline of the TurkStream offshore project in the Black Sea. This is a revision of the earlier failed South Stream project, which was planned to send Russian gas to Europe. TurkStream will have a similar route and objective but with a Turkish terminal.
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