GTT-Keppel Licence Agreement Advances Marine LNG Solutions

Shape adapted LNG fuel tank

Singapore-based Keppel Offshore & Marine (Keppel O&M)’s network of global yards will be able to offer Gaztransport & Technigaz (GTT)’s LNG systems in the design, construction and maintenance of LNG carriers, LNG Bunker vessels, LNG-fuelled vessels, and floating storage and regasification units (FSRU). This follows the signing of a Technical Assistance and License Agreement (TALA) that draws upon the expertise of both companies.

Since completing its first LNG carrier repair in 1990, Keppel O&M has developed a wealth of experience in cryogenics and developed a suite of solutions across the LNG value chain. It has delivered the world’s first converted FLNG, three FSRU conversions, two newbuild LNG-fuelled vessels, and is building two LNG carriers, one LNG-fuelled vessel and South East Asia’s first LNG bunkering vessel.

Mr Abu Bakar, Managing Director (Gas & Specialised Vessels) of Keppel O&M, said, “With GTT’s proven LNG containment technology and Keppel’s track record in specialised shipbuilding as well as expertise in LNG, we will be able to provide safer, more efficient and economical solutions in sustainable power generation.”

GTT systems have become the technology of choice for new LNG carrier orders and offshore applications. More than 70% of the world’s LNG carrier fleet currently in service are equipped with GTT membrane technologies.

Mr Philippe Berterottière, Chairman and CEO of GTT, said, “GTT’s technologies make it possible to build LNG carriers to meet the demand of supplying LNG along coasts and up rivers to island nations. By adopting our membrane technologies, Keppel O&M will be able to design optimised ships in terms of capacity and size and minimise the draught.”

Source: Keppel Offshore & Marine