GTT nets technical services contract for JOVO-operated LNG carriers
GTT nets technical services contract for JOVO-operated LNG carriers - Offshore Energy
GTT nets technical services contract for JOVO-operated LNG carriers
French LNG containment specialist GTT has signed two technical services agreements (TSA) with China-based energy supplier JOVO, with contracts covering GTT’s assistance and operational support for JOVO-operated LNG carriers (LNGCs).
GTT said it will provide its field expertise for inspections, maintenance, repairs and engineering consultancy, adding that JOVO will also benefit from access to GTT’s HEARS® emergency hotline, available 24/7, to provide rapid technical assistance to crews.
These new TSAs follow a first services contract, still in effect, signed between the two parties in August 2022.
Adnan Ezzarhouni, General Manager of GTT China, commented: “It is with great satisfaction that we strengthen our collaboration with JOVO through the signature of two new service contracts. GTT is pleased to support the growing development of JOVO’s LNG shipping activities.”
Lu Yuan, Vice President and Head of LNG and Shipping of JOVO Group, stated: “JOVO is pleased to expand its cooperation with GTT. Our teams will benefit from GTT’s expertise to improve the performance of our vessels, as part of our ongoing efforts to enhance the quality of our core assets and actively develop new track business in our energy logistics services.”
To remind, in 2023, Ascenz Marorka, a GTT brand, was awarded two contracts by JOVO to equip two LNGCs with its ‘Smart Shipping’ solution.
According to GTT, the contracts cover the installation of automatic data collection systems and intelligent software for managing and optimizing the energy and environmental performance of ships.
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.