Revolutionizing Offshore Operations: Hanwha Ocean’s Innovative FPSO Design

South Korean shipbuilder Hanwha Ocean has recently achieved a significant milestone by securing an Approval in Principle (AiP) from Bureau Veritas for its standard Floating Production Storage and Offloading Unit (FPSO) design. This cutting-edge design incorporates the latest advancements in digital solutions to enhance energy efficiency and sustainability in offshore operations.

State-of-the-Art FPSO Design

The standard FPSO design by Hanwha Ocean boasts impressive specifications, measuring 340 meters in length and 62 meters in width. With a crude oil storage capacity of 2.38 million barrels and a production capacity of 190,000 barrels per day, this FPSO is set to revolutionize the offshore industry.

Designed to accommodate topsides weighing up to 55,000 tons and spanning 17,600 square meters, the FPSO features a durable hull capable of operating for up to 20 years without the need for dry docking. This longevity is a testament to the robust engineering and construction standards upheld by Hanwha Ocean.

Environmental Compliance and Technological Innovations

In line with stringent environmental regulations, the FPSO incorporates advanced technologies such as zero-flaring, GHG monitoring, and an energy management system. These features ensure compliance with sustainability standards and contribute to reducing the carbon footprint of offshore operations.

Moreover, Hanwha Ocean has integrated state-of-the-art digital solutions into the FPSO design, including cybersecurity measures, digital twin technology, and predictive maintenance capabilities. These innovations leverage cutting-edge tools and offer transformative potential across industries, enhancing operational efficiency and reliability.

Transition to EPCIO Solutions Provider

As part of its strategic evolution, Hanwha Ocean has transitioned into an Engineering, Procurement, Construction, Installation, and Operation (EPCIO) solutions provider. In addition to FPSOs, the company offers a range of floating production units, including floating liquified natural gas (FLNG) facilities and Offshore Renewables projects.

Alex Gregg-Smith, Senior Vice President, Asia Pacific (APA) at Bureau Veritas Marine & Offshore, commended Hanwha Ocean’s FPSO design, emphasizing the company’s engineering prowess. He expressed optimism about the future collaboration between Bureau Veritas and Hanwha Ocean, envisioning continued support for technological advancements and sustainable offshore solutions.

Overall, Hanwha Ocean’s innovative FPSO design represents a significant step forward in the offshore industry, setting new standards for efficiency, sustainability, and technological integration. With a commitment to excellence and a focus on driving industry innovation, Hanwha Ocean is poised to shape the future of offshore operations.