COMPANY PROFILE

Penglai Jutal

Jutal Offshore Oil Services' large-module and offshore fabrication yard serving LNG, FPSO/FLNG, fixed platforms, mooring systems and offshore wind.

Company overview

Penglai Jutal Offshore Engineering Heavy Industries Co., Ltd. was established in 2001 in Penglai, Yantai, Shandong. It is a wholly owned subsidiary of Hong Kong-listed Jutal Offshore Oil Services Limited.

The expanded yard covers about one million square metres and supports design, procurement, fabrication, pre-commissioning, loadout and transport for large LNG and petrochemical modules, FPSO and FLNG modules, platforms, jackets, mooring systems and offshore wind structures.

Core capabilities

LNG and petrochemical modulesFPSO and FLNG modulesMooring systemsFixed offshore facilitiesOffshore wind structuresModule and offshore EPC

Recent representative projects

Project / asset Client or development Role Disclosed relationship and status
Offshore and floating-production topsides EPC portfolio Clients and projects undisclosed Jutal group EPC portfolio Awards from Q4 2025 through H1 2026 totalled about RMB3.8 billion and were in design, procurement and early construction.
Large offshore wind converter modules Client and project undisclosed Approximately 28,000-tonne module project and yard upgrade Awarded in late 2025; Penglai is upgrading slipways, lifting, transport, pipe and welding facilities.
Arctic LNG 2 core modules Technip France Six core compressor and generator modules Contract awarded in July 2019 for the first two trains, with each module weighing more than 10,000 tonnes.
GCGV petrochemical modules CKJV / ExxonMobil and SABIC Forty furnace and separation modules Fabrication began in 2019; two major furnace modules were shipped in November 2020.
Sangomar FPSO external turret SOFEC / Woodside Senegal Approximately 3,500-tonne external turret mooring system SOFEC awarded the fabrication contract in 2020; the completed FPSO turret portfolio was later recorded as delivered.
Jidong Nanpu 1-3 jacket platform Jidong Oilfield Approximately 1,500-tonne steel jacket platform Fabrication started at the Jutal yard in November 2022.

Compliance status

The U.S. Treasury's OFAC designated Penglai Jutal in June 2024 in connection with Arctic LNG 2. The company applied for removal from the SDN List in October 2025 and stated that it had stopped accepting work involving SDN-listed projects. Jutal's 2025 annual report said the group continued to respond to U.S. authorities with legal advisers as of April 2026.