LNG

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June 24 (LNGJ) - French LNG storage tanks technology company GTT has received an order from the shipyard in China of Dalian Shipbuilding Industry Co (DSIC) for the design of two LNG carrier membrane tanks for CMES LNG Carrier Investment Inc. GTT said this was its first project for the construction of an LNG carrier at the Dalian yard.

   “These two LNG carriers will each have a total LNG tank capacity of 175,000 cubic metres and will be fitted with the Mark III Flex membrane containment system developed by GTT,” said the Paris-based firm. The deliveries of the vessels are scheduled for the third quarter of 2025 and the first quarter of 2026.

TechnipFMC, the LNG and energy engineering company, reaffirmed that its planned transaction to separate into two companies, TechnipFMC and Technip Energies, is well on track for completion in the first half of 2020.

TechnipFMC, the Franco-US energy engineering company, signalled a resurgence in energy investment as it posted healthy second-quarter earnings amid a year-on-year increase in orders for LNG ventures in nations such as the US, Mozambique and Russia as revenues also jumped.

Gaztransport and Technigaz (GTT), the French engineering and technology company specializing in the design of membrane containment systems for shipping, said its main business activity was at an all-time high for conventional LNG carriers amid growing orders also from the fuel and bunkering sector.

Gaztransport and Technigaz (GTT), the French maritime LNG storage tank technology firm, posted a more than 20 percent rise in first-half net profits as the shipping industry emerged from its slump and new liquefaction projects were being developed, especially in the US.

Bureau Veritas, the French classification society, said it issued a list of approvals to liquefied natural gas maritime storage company Gaztransport and Technigaz (GTT) for its latest containment systems and technology applications.

Gaztransport and Technigaz (GTT), the French LNG maritime storage technology company, said it had decided to re-validate some aspects of its Mark V tank system after the discovery of a technical concern.

Gaztransport and Technigaz (GTT), the French maritime storage tank specialist, said first-quarter revenues fell almost 3 percent to 56.8 million euros ($62.4M) as new orders were gained for four floating storage and regasification unit (FSRU) vessels and one conventional LNG carrier.

Gaztransport and Technigaz (GTT), the French owner of liquefied natural gas maritime and other storage technologies, said annual net profits edged higher as the shipping industry began to emerge from its slump.

Technip, Europe's leading LNG engineering firm, saw its shares drop Monday after Italian energy company ENI said it wasn’t planning to bid for the French company.