Group 1 - Subsea7 S.A. has secured a contract from Turkish Petroleum Offshore Technology Center for Phase 3 development of the Sakarya field in the Black Sea, indicating the company's strong position in subsea engineering and construction services [1][3] - The contract value is estimated between $750 million and $1.25 billion, covering engineering, procurement, construction, and installation of subsea umbilicals, risers, and flowlines [2][8] - Engineering activities and project management will commence immediately from Subsea7's Istanbul office, showcasing the company's capability in managing complex offshore energy projects [3][8] Group 2 - Subsea7's successful track record in offshore energy projects is highlighted by this contract, which strengthens its relationship with TP-OTC and supports Turkey's energy independence goals [3] - The company currently holds a Zacks Rank 3 (Hold), indicating a stable outlook within the energy sector [4] - Other notable companies in the energy sector include Repsol S.A., Antero Midstream Corporation, and Galp Energia SGPS SA, each with varying investment attractiveness based on their respective operations and market positions [4][5][6][7]