South Korea’s Hanwha Ocean appoints new FLNG head

Surinder Pawar has joined South Korea's Hanwha Ocean as the new head of FLNG for its offshore business unit.

Hanwha Ocean announced the appointment in a social media post on Friday.

“With extensive executive leadership experience in various roles including P&L responsibility, sales, operations, project Execution, and aftermarket, he brings a wealth of knowledge and a proven track record of success,” the shipbuilder said.

In his new role, Surinder will be “instrumental” in driving the offshore business’ strategic initiatives as the shipbuilder continues to grow.

Surinder has held global leadership roles at several companies including Baker Hughes, Cameron – Schlumberger, Universal Pegasus International (division of Huntington Ingalls Industries), and Technip FMC.

Hanwha Ocean said he has worked and lived in various countries in Europe, North America, Latin America, and the Middle East.

South Korea's Hanwha Ocean appoints new FLNG head
Surinder Pawar (Image: Hanwha Ocean)

Earlier this year, Hanwha Ocean appointed Philippe Levy, the former president of SBM Offshore Americas, as the president of its offshore business division.

Hanwha Ocean said this marks a “pivotal moment” for the company as it embarks on a journey to transition from a traditional shipbuilder to an EPCIO (engineering, procurement, construction, installation, and operation) solution provider, offering products such as FPSO, FLNG, offshore renewables, and other floating production units.

Back in 2016, Hanwha Ocean, previously known as DSME, delivered the world’s first operational FLNG to Petronas. PFLNG Satu has a capacity of 1.2 mtpa.

Last year, Hanwha Ocean changed its name after conglomerate Hanwha Group bought a controlling stake in the shipbuilder.

Hanwha Ocean won orders for five LNG carriers in 2023. Prior to that, the shipbuilder secured orders for 38 LNG carriers, setting a record for the largest number of orders for LNG carriers in a year since its establishment.

Most recently, the shipbuilder won an order to build one floating storage and regasification unit (FSRU) for about $413 million.

Including this FSRU order, Hanwha Ocean has won orders this year for 31 vessels worth about $6.1 billion.

This includes 12 LNG carriers as part of the giant QatarEnergy shipbuilding program and four LNG carriers for Adnoc L&S.

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