Sing Swee Bee, Gabadi to enter small-scale LNGV market

Singapore

SINGAPORE'S largest cryogenic equipment provider has tied up with the first outfitter licensed by leading liquefied natural gas (LNG) tank technology provider, Gaztransport & Technigaz (GTT) to pursue construction and repairs of LNG vessels (LNGVs).

This came within two months from IE Singapore's call on oilfield services companies to position themselves to tap opportunities in the adjacent LNG market.

Private-owned Sing Swee Bee (SSB) and Spain's Gabadi SL signed a 50:50 joint venture (JV) agreement on Tuesday at Offshore Southeast Asia 2016 (OSEA 201…