Hanwha Ocean's Oil Production Facility Departs Amid Qatar Praise... Meeting Deadlines and Ensuring Safety

Proving Marine Plant Technology Capabilities

Hanwha Ocean announced on the 30th that it has shipped a fixed offshore oil production facility ordered from Qatar NOC (North Oil Company) on schedule after three years of construction. With this departure, Hanwha Ocean has once again demonstrated its marine plant production technology capabilities.

The facility weighs a total of 34,800 tons. It consists of the topside structure where the oil production facility is installed, the substructure that anchors it to the seabed, and the connecting structures to surrounding equipment. This is the 31st fixed offshore production facility built by Hanwha Ocean. Fixed offshore production facilities are the marine facilities most frequently constructed by Hanwha Ocean.

Despite challenges such as global inflation and material delivery delays caused by the COVID-19 pandemic, all employees worked together to meet the schedule. Additionally, they achieved 9 million man-hours without accidents, fulfilling both safety and delivery requirements. Man-hours refer to the amount of work performed by one worker in one hour.

On the morning of the 30th, Hanwha Ocean launched a fixed offshore oil production facility built by the company at its Geoje plant in Gyeongnam. This facility will be installed in the Al Shaheen oil field area in Qatar.
[Photo by Hanwha Ocean]

Qatar Energy has reportedly given high praise for this facility. Accordingly, Hanwha Ocean expects additional orders for LNG carriers and oil field development in the future. This project involved the largest number of overseas partners in the history of marine construction, which is expected to have a positive impact on local procurement and the expansion of production scope.

Earlier, in April, Hanwha Ocean recruited Philip Levy, former President of SBM Offshore Americas, as Head of the Marine Business Division (President) to strategically transform its marine business. Philip Levy, Head of the Marine Business Division, said, "I thank the employees and partners who worked hard to ensure this project could be shipped on schedule," and added, "Hanwha Ocean will do its best to set and lead industry standards through innovative changes."

On the morning of the 30th, Hanwha Ocean is conducting preparation work at the Geoje plant in Gyeongnam to dispatch a fixed offshore oil production facility to the Al Shaheen oil field area in Qatar.
[Photo by Hanwha Ocean]

Hanwha Ocean is strengthening its EPCIO (Engineering, Procurement, Construction, Installation, and Operation) business in marine facilities such as FPSO (Floating Production Storage and Offloading) units and FLNG (Floating Liquefied Natural Gas) production facilities, as well as in marine renewable energy-related projects. The company has acquired shares in Dynamac, a Singapore-based specialist manufacturer of floating marine plant topside structures, preparing to respond to the increasing demand for floating marine plants.

The facility, which departed from the Geoje plant, is expected to arrive at the Al Shaheen oil field in Qatar by the end of August after about a month of sailing. After installation and commissioning work offshore, it will begin full-scale first oil production by the end of this year. Once fully installed, this facility will be capable of producing approximately 50,000 barrels of oil per day.

This content was produced with the assistance of AI translation services.