ABS Issues Basic Design Review Certification to Hanwha Ocean for South American and West African FPSOs

ABS has granted Basic Design Review (BDR) certification to Hanwha Ocean for a standardized floating production, storage, and offloading (FPSO) design tailored for South American and West African deepwater markets, along with associated sustainability assessments. This certification acknowledges the thorough review of Hanwha Ocean's front-end engineering design (FEED) for the FPSO, encompassing the hull, topsides, and mooring arrangements.

ABS has also granted approval in principle for the FPSO, including design elements that meet SUSTAIN-2 notation requirements. Furthermore, ABS has issued a Statement of Fact for Hanwha Ocean's Project Sustainability Execution Plan (PSEP), which integrates sustainability requirements with engineering deliverables, performance indicators, responsibilities, and verification evidence.

These reviews collectively bolster Hanwha Ocean's advancement of its Low Carbon Standard FPSO, embedding sustainability execution into the standardized FPSO platform for future projects. The design methodology emphasizes a repeatable, standardized floating platform, thereby enhancing efficiency and scalability in traditional FPSO development approaches.

Hanwha Ocean plans to deploy this design for large-scale projects in South America and West Africa, sectors experiencing significant growth in deepwater field development. Matt Tremblay, ABS Senior Vice President of Global Offshore Markets, expressed pride in supporting Hanwha Ocean's FPSO standardization strategy for these pivotal markets.

The certification follows ABS's prior approval for Hanwha Ocean's pre-FEED for deepwater oil and gas fields in West Africa, underscoring the company's strategic move to develop a portfolio of standardized FPSO designs across key global deepwater production zones. Philippe Levy, Hanwha Ocean's President of EPU, noted that the ABS certification validates Hanwha Ocean's engineering capabilities and technological leadership, positioning the company for enhanced competitiveness in the global FPSO market while delivering region-specific optimized solutions.

ABS provides extensive technical expertise and a worldwide offshore engineering network to support clients throughout every stage of FPSO development, from initial design reviews to classification and lifecycle operations.