![\"\"](\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/08\/20260828144248679.png\")
<\/p>\nHanwha Ocean has secured classification society certification for its design framework for standardized, low-carbon Floating Production, Storage, and Offloading (FPSO) units. The company plans to apply this certified design and execution framework across the entire FPSO project lifecycle, spanning stages such as client consultation, bidding, and Front-End Engineering Design (FEED).<\/p>\n
On August 25, Hanwha Ocean announced that its \u201clow-carbon standardized FPSO\u201d design framework had received Approval in Principle (AiP) from DNV. Concurrently, it obtained AiP from the American Bureau of Shipping (ABS) and secured certification for its Project Sustainability Execution Plan (PSEP).<\/p>\n
As part of this certification process, DNV verified the low-carbon design framework, which integrates emission-reduction technologies targeting key greenhouse gas sources into the FPSO design. Meanwhile, ABS validated the execution framework designed to manage and implement sustainability goals\u2014such as carbon reduction and energy efficiency improvements\u2014throughout the project\u2019s execution.<\/p>\n
<\/p>\n
An FPSO is a floating offshore facility used to process and store crude oil or natural gas extracted from the seabed before offloading it onto shuttle tankers. This certification validates Hanwha Ocean\u2019s low-carbon FPSO design framework\u2014which integrates low-carbon technologies into the FPSO\u2014as well as its execution framework for implementing and managing these technologies in actual projects.<\/p>\n
Hanwha Ocean is systematically categorizing applicable low-carbon technologies based on its existing standardized FPSO designs and establishing a technical platform that allows for the selection and application of specific technologies tailored to the requirements of various client projects. While low-carbon technologies previously required individual review and application for each project, the company now plans to standardize proven technologies for reuse across multiple projects.<\/p>\n
In recent years, Hanwha Ocean has consistently advanced the standardization of FPSO designs. In 2024, the company developed a standardized FPSO tailored for West African waters, securing certification from the American Bureau of Shipping (ABS) and Bureau Veritas (BV); subsequently, in 2026, it developed a standardized FPSO for South American waters, obtaining certification from ABS and DNV.<\/p>\n
Hanwha Ocean said that as global energy companies strengthen emission reduction requirements in new FPSO orders, low-carbon design and sustainable development management frameworks are becoming key project evaluation factors. Hanwha Hanwha Ocean plans to further develop proven low-carbon technologies into reusable technology packages and apply them to meet the needs of specific projects, and will use PSEP as the standard sustainable development execution basis for future FPSO projects.<\/p>\n
A Hanwha Ocean official stated: \u201cThe significance of this certification lies in the validation of two key pillars: the low-carbon design and the sustainable development implementation framework. The company plans to develop these validated results into standardized low-carbon technology packages and sustainable development frameworks for repeated use in future projects, thereby enhancing its competitiveness in securing orders and its project execution capabilities.\u201d<\/p>\n
Sources revealed that Hanwha Ocean and the Netherlands-based SBM Offshore are competing for a $3 billion FPSO contract linked to the development of the Venus oil field in offshore Namibia\u2014a project led by France\u2019s TotalEnergies. TotalEnergies plans to make the Final Investment Decision (FID) for the project in the second half of 2026 and commence crude oil production in 2030.<\/p>\n
If Hanwha Ocean successfully wins the bid for the Venus FPSO project, it could\u2014through consultation with the client\u2014integrate low-carbon technologies into the FPSO\u2019s design. The Venus project reportedly places a strong emphasis on carbon emissions; TotalEnergies plans to reinject associated gas produced during oil extraction back into the reservoir rather than flaring it, aiming to keep emissions from this deepwater development project at a relatively low level.<\/p>\n","protected":false},"excerpt":{"rendered":"Hanwha Ocean has secured classification society certification for its design framework for standardized, low-carbon Floating Production, Storage, and…\n","protected":false},"author":2,"featured_media":136658,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[345],"tags":[355,354,373],"class_list":["post-136657","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hanwha-ocean","tag-hanwha","tag-hanwha-group","tag-hanwha-ocean"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/136657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=136657"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/136657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/136658"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=136657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=136657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=136657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}