In this study, the correlation between microstructure and Charpy impact properties of FCAW(Flux cored arc welding) HAZ(Heat affected zone) of thick steel plates for offshore platforms was investigated. The 1/4 thickness(1/4t) location HAZ specimen had a higher volume fraction of bainite and finer grain size of acicular ferrite than those of the 1/2 thickness (1/2t) location HAZ specimen because of the post heat effect during the continuous FCAW process. The Charpy impact energy at -20 oC of the 1/4t location HAZ specimen was lower than that of the 1/2t location HAZ specimen because of the high volume fraction of coarse bainite. The Charpy impact energy at -40 and -60 oC of the 1/2t location HAZ specimen were higher than those of the 1/2t location HAZ specimen because the ductile fracture occurred in the fine acicular ferrite and martensite regions. In the ductile fracture mode, the deformed regions were observed in fine acicular ferrite and martensite regions. In the brittle fracture mode, long crack propagation path was observed in bainite regions.