It has acquired a 12% stake in Bergen-based company for$4m, with a right to increase its stake up to 20% by further equity injection.
GraviFloat was formed to design, deliver and operate re-deployable,gravity-based, modularised LNG and LPG Terminals for installation in shallowwaters.
GraviFloat’s near-shore LNG terminals are designed to beinstalled in shallow waters and are fully fixed to the seabed when inoperation.
