GTT and Endel ink deal

Gaztransport & Technigaz (GTT) and the Endel company – a subsidiary of the Energy Services branch of the ENGIE group -   have signed a Technical Assistance and License Agreement (TALA) for the construction of GTT membrane containment systems. The deal reaffirms their collaboration in the area of LNG as a marine fuel. In the framework of this agreement, Endel created a mock-up of a Mark III type GTT membrane system.

GTT said that the partnership reinforces the companies’ product offering, and benefits clients wishing to equip their vessels with LNG membrane tanks adapted to all types of vessels, such as liners, container vessels, bulk carriers, and RoRo vessels.

The collaboration makes it possible for shipyards to free themselves from having to acquire the necessary know-how for the construction of GTT membrane tanks, by relying on the expertise of the Endel company.

Philippe Berterottière, Chairman and CEO of GTT, said: "I welcome the partnership with Endel, a company which has much experience in the maritime domain. I am convinced that the market for LNG as a fuel has a great future, and that the collaboration with Endel will make it possible to convince ship owners of the attractiveness of going to LNG as a fuel, and of opting for the membrane tank technology."

GTT confirmed that it is building strategic industrial partnerships with key actors, “in order to enrich its product offering and respond to the needs of customers wishing to equip themselves with membrane containment systems. In a continuously innovative approach.”

Edited from press release by Callum O'Reilly

Read the article online at: https://www.lngindustry.com/small-scale-lng/22062016/gtt-and-endel-ink-deal-2642/