French LNG maritime storage design firm GTT awards licence for all ships to China’s Wison

Tuesday, 10 December 2019
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Gaztransport and Technigaz (GTT), the French technology firm for designs of systems for the maritime transportation and storage of liquefied natural gas, said it signed a technical and licensing agreement with Chinese shipbuilder Wison Offshore and Marine for a range of LNG vessels.

The assistance accord and licensing covers floating LNG production hulls, Floating Storage and Regasification Units (FSRUs), Floating Storage Regasification and Power (FSRP) units and conventional LNG carriers.

Wison is a pioneer in floating LNG in China, being the first in the world to deliver a barge-based FLNG production hull and an FSRU.

The Chinese yard has now obtained its GTT licensing deal after having successfully completed a qualification process that began earlier in 2019, including the construction of a Mark III technology storage tank mock-up.

“This agreement will enable both partners to further expand their offering to ship owners, to target new markets, especially focusing on floating based solutions, and to advance the development of LNG in the global supply chain,” said a GTT statement.

The Wison yard in Nantong port in the eastern province of Jiangsu delivered the FLNG production hull currently deployed at the port of Bahia Blanca in Argentina, the “FLNG Tango”.

The yard also constructed the world’s first barge-based FSRU. Both the LNG production barge and the FSRU were delivered to Belgian shipping line and project company Exmar.

“We are pleased to count Wison among our newbuilding partners,” said Philippe Berterottière, Chairman and Chief Executive of GTT.

“We are very interested in developing and building together new LNG infrastructures which can provide innovative natural gas value chain solutions,” added the CEO.

The President and Chief Operating Officer of Wison, An Wenxin, said the company was delighted with the deal.

“We are very proud to be licensed by GTT for membrane technologies. This will allow us to offer more actively LNG solutions with GTT’s technologies in China, which is what the market is asking for,” stated the COO.

In its most recent earnings, GTT reported a jump in nine-month revenues as its order book rose to 120 units.

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