Keppel, GTT join forces on LNG solutions

Singapore’s Keppel Offshore & Marine has signed a technical assistance and license agreement with France’s GTT to jointly market liquefied natural gas (LNG) solutions leveraging GTT’s membrane containment systems and Keppel’s shipyard expertise.

Keppel O&M’s network of global yards will be able to offer 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), the duo said in joint statement on Monday.

“This is a win-win partnership with GTT as it will allow us to offer more comprehensive LNG solutions to our respective customers, across our global networks of operations,” Abu Bakar, managing director (Gas & Specialized vessels) of Keppel O&M, said.

Philippe Berterottière, chairman and CEO of GTT, said, “We are pleased to extend our partnership with Keppel to jointly offer a wider range of LNG solutions. 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 optimized ships in terms of capacity and size and minimize the draught.”

In 2004, Keppel O&M’s unit, Keppel Shipyard, became an approved repair yard for ships equipped with GTT membranes, and Keppel Singmarine signed a TALA with GTT in 2014 for newbuilds.