CorporateEurope

GTT makes leadership changes

By LNG Prime Staff
GTT makes leadership changes
For illustration only (Image: GTT)

French LNG containment giant GTT has made changes to its leadership team.

GTT announced on Monday that it had created a group transformation division, entrusted to Jean-Baptiste Boutillier, and appointed Thierry Valot as group innovation vice president.

Both are members of GTT’s executive committee.

As group transformation VP, Boutillier will be responsible for leading the group’s “key transformation projects, optimizing processes, and working methods, and enhancing cross-functional collaboration between departments.”

On the other hand, Valot will ensure that technological developments align with market needs and that GTT “stays at the cutting edge of technological innovation, thereby contributing to the group’s growth.”

Philippe Berterottière, chairman and CEO of GTT said these initiatives “reflect our commitment to combining transformation and innovation to anticipate the challenges of our industry and reinforce our technological leadership.”

Berterottière is currently interim CEO of GTT while the company searches for a new CEO following the recent departure of Jean-Baptiste Choimet.

GTT received orders for 72 LNG carriers in 2024, while its revenues rose 50 percent to 641.4 million euros ($672 million) compared to 2023.

As of December 31, 2024, GTT’s order book, excluding LNG as fuel, stood at 332 units.

This includes 306 LNG carriers, 16 ethane carriers, three FSRUs, two FLNGs, and also five onshore storage tanks.

Most Popular

Contracts and Tenders

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
LNG Terminals

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.
Vessels

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

More News Like This

Research and Development

Shell, GTT, and LR to develop new LNG carrier

UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.
Vessels

LR: 200,000 cbm LNG carriers could deliver $85.5 million benefit to owners

Classification society Lloyd’s Register (LR) has identified 200,000 cbm LNG carriers as a "credible next step" for global LNG fleet renewal, with a potential owner benefit of approximately $85.5 million over 30 years.
Vessels

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.
Vessels

GTT expects 550 LNG carrier orders by 2035

French LNG containment giant GTT expects approximately 550 orders for large LNG carriers over the next ten years, according to chief executive Francois Michel.