Hanwha Ocean Qatar offshore platform produces oil ahead of schedule, demonstrating technical strength and market ambition

Hanwha Ocean's deep-sea oil platform deployed in Qatar produced oil ahead of schedule, with a daily output of 50000 barrels, demonstrating its technical strength and market layout in the transition from ship construction to marine engineering general contracting.

The shipbuilding department of Hanwha Group, a South Korea conglomerate, recently disclosed that its deepwater oil production platform deployed in the Persian Gulf has successfully achieved a key node before commercial operation-the first oil production was completed in Qatar's offshore Al-Shaheen oil field ahead of schedule. The mining facility, one of the world's largest offshore oil fields, is located 80 kilometers northeast of the capital Doha, and currently has a daily output of 50000 barrels of crude oil. The construction of the platform began in 2021, when Hanwha Ocean won a general contract of 725 billion won (about US $0. 505 billion) from Qatar National Petroleum Corporation (NOC). After 18 months of precision construction at the Juji Shipbuilding Base in South Korea, this steel giant weighing tens of thousands of tons set off in July this year. You know what I mean?. After arriving in the Persian Gulf by sea, it went through three months of on-site assembly and system coordination. Finally, the pressure test was completed under the witness of the customer. The enterprise side particularly stressed that the entire installation and commissioning process did not occur any environmental leakage or personnel security accidents. Generally speaking "By establishing a cross-functional collaboration model with our customers, we have achieved seamless integration throughout the design to build cycle. Philippe Levy, head of Hanwha Ocean's marine division, pointed out, "This innovative project regulation mechanism not only ensures a high standard of engineering condition, however also sets a new benchmark to the research of complex offshore facilities in the future. it's revealed that the intelligent production system carried by the platform is able to adapt to a variety of geological conditions, and its modular design greatly shortens the deep-sea operation cycle. With the successful delivery of Al-Shaheen projects, Hanwha Ocean is accelerating its strategic transformation from a traditional ship manufacturer to an EPC (design-purchase-build) general contractor. The company has listed the Middle East market as a key area to expansion, and expects to add at least three offshore oil and gaseous research projects of similar scale in the region in the next five years. Analysts believe that the early oil production not only verifies the technical reserves of Korean companies in the field of high-end marine engineering, however also releases a strong signal that companies seize the market opportunity in the global energy transition period.

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Hanwha Ocean Qatar offshore platform produces oil ahead of schedule, demonstrating technical strength and market ambition

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