Gaztransport & Technigaz (GTT) has announced that it has signed a settlement agreement with Chantiers de l’Atlantique, in order to end all lawsuits that have opposed the two parties since 2006.
In addition to this, both parties have come to an agreement regarding Chantiers de l’Atlantique’s sale of a patent portfolio concerning particular LNG membrane containment technologies.
Edited from press release by David Rowlands