GTT & COSCO Sign License Agreement for Construction of Membrane Tanks

Source: www.gulfoilandgas.com 6/25/2021, Location: Asia

On the occasion of the CWC China LNG & Gas Summit, held in Shanghai from June 23rd to 25th, GTT has signed a Technical Assistance and License Agreement (TALA) with its Chinese partner COSCO Shipping Qingdao, a subsidiary of COSCO Shipping Group. This agreement enables the licensed outfitter to offer solutions using GTT's membrane containment systems for the construction of several types of LNG storage for both marine and onshore applications.

COSCO Shipping Qingdao obtained its license from GTT after having successfully completed a qualification process that began in June 2019, including the construction of a GST® technology mock-up.

This agreement represents a further step forward in the deployment of GTT technologies in China, making COSCO Shipping Qingdao the second Chinese licensed GTT Outfitter.

COSCO Shipping Qingdao is currently investing in a large scale mock-up, training center as well as set of equipment for the installation and welding of the GTT’s Membrane technology.


Thailand >>  11/30/2022 - Valeura Energy Inc., the upstream oil and gas company with assets offshore Gulf of Thailand and the Thrace Basin of Turkey is pleased to announce that...
Norway >>  11/29/2022 - THE JOURNEY TOWARD FOSSIL-FREE OPERATIONS CONTINUES Terntank orders two plus two new MGO/Biofuel & methanol-ready chemical/product/biofuels tankers on...

Denmark >>  11/28/2022 - Maersk Tankers has created a new USD 150 million uncommitted credit facility with Citi to strengthen its pools’ working capital and improve cash flow ...
Japan >>  11/28/2022 - Nippon Yusen Kabushiki Kaisha (NYK), MTI Co., Ltd. (MTI), and Elomatic Oy (Elomatic) have completed the concept design phase of a new capesize bulk ca...

Sweden >>  11/28/2022 - Gasum’s LNG bunker vessel Coralius recently made its 500th bunkering of LNG in Gothenburg, Sweden. Over the last five years Coralius has safely and su...
Trinidad and Tobago >>  11/24/2022 - Proman Stena Bulk Ltd formally named its first state-of-the-art newbuild IMOIIMeMAX methanol-fuelled 49,900 DWT vessel, Stena Pro Patria, in a ceremon...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.