ENXTPA:GTTOil and Gas
Does New Sonangol LNG Carrier Contract Deepen GTT’s Moat In Containment Systems (ENXTPA:GTT)?
Gaztransport & Technigaz (GTT) recently received an order from HD Korea Shipbuilding & Offshore Engineering for the LNG tank design of a Sonangol-owned carrier, to be built at HD Hyundai Samho and equipped with GTT’s Mark III Flex membrane containment system for delivery in the second quarter of 2028.
This contract highlights continued adoption of GTT’s containment technology by leading Korean yards and reinforces its role in upcoming LNG shipping projects.
We’ll now examine how this new LNG...