Floating or submersible drilling or production platforms

HS v2022 Code: 890520

About floating or submersible drilling or production platforms

HS code 890520 covers floating or submersible drilling or production platforms, which are essential components of the offshore oil and gas industry. These specialized vessels play a crucial role in the exploration, extraction, and production of hydrocarbons from offshore fields, contributing significantly to global energy supply. As the demand for energy continues to grow, the importance of this industry segment within the broader economy is expected to remain high.

Production process

Floating or submersible drilling and production platforms are typically constructed using a combination of steel, concrete, and other specialized materials. The production process involves the fabrication of the platform's main structure, the installation of drilling and production equipment, and the integration of various systems, such as power generation, safety, and control systems. These platforms are designed to withstand harsh offshore environments and are often equipped with advanced technologies to enhance efficiency and safety.

Production inputs

The production of floating or submersible drilling and production platforms requires a range of inputs, including steel, cement, and other construction materials. Additionally, these platforms rely on specialized machinery and equipment, such as 847989 Machinery for the extraction or preparation of animal or fixed vegetable fats or oils, 842123 Compressors for refrigerating equipment, and 842131 Pumps for liquids, whether or not fitted with a measuring device. The construction and operation of these platforms also necessitate skilled labor, engineering expertise, and advanced technologies.

Production outputs

Floating or submersible drilling and production platforms are primarily used in the offshore oil and gas industry to extract and process hydrocarbons. The output of these platforms includes crude oil, natural gas, and various refined petroleum products, which are then transported and distributed to 271011 Light oils and preparations, 271019 Other oils, and 271111 Natural gas, among other related industries.

Revisions to 890520

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 890520. The most recent 1 version of this code (890520) is in the HS v2022 system (this version):

This page shows the most recent version of code 890520.

Family tree for floating or submersible drilling or production platforms

    graph LR
    A["<a href='/classifications/hs/v2022/89'>89: Ships, boats and floating structures</a>"]
A --> B["<a href='/classifications/hs/v2022/8905'>8905: Light-vessels, fire-floats, dredgers, floating cranes, other vessels; the navigability of which is subsidiary to main function; floating docks, floating, submersible drilling, production platforms</a>"]
B --> C["<a href='/classifications/hs/v2022/890520'>890520: Floating or submersible drilling or production platforms</a>"]

    B --> D["<a href='/classifications/hs/v2022/890510'>890510: Dredgers</a>"]
B --> E["<a href='/classifications/hs/v2022/890590'>890590: Vessels; light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks</a>"]

    

    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level2
class B level4
class C level6
class D level6
class E level6

  class C highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class C highlight