French GTT, Excelerate Sign Term Support Deal

French LNG technology firm GTT has signed a five-year global technical services agreement with the ship-owner Excelerate Energy on the maintenance and operation of nine floating, storage and regasification units equipped with GTT technology. This agreement includes GTT on-site technical assistance for inspection, maintenance, repairs, operations and engineering, GTT said March 11.

GTT CEO Philippe Berterottiere said he was "pleased to have the opportunity to support a long term partner like Excelerate Energy in the efficient operations of their FSRUs. This agreement is pivotal to develop customised services, ensuring the performance and safety of each FSRU in operation." 

Excelerate Energy COO Edward Scott said the company looked forward to continuing a nearly two decades long relationship with GTT.