Zeeland, Netherlands: January 29, 2026. VTTI and Höegh Evi are pleased to announce the launch of the open season for Zeeland Energy Terminal (ZET), marking an important next step in the development of new LNG import infrastructure for the Netherlands. The project is designed to support national and European energy security and market needs from late 2029 onwards, while ensuring minimal environmental impact.
The project continues to make good progress, having completed the first phase of the permitting process and secured a suitable site in the Vlissingen-Oost harbour. A final investment decision is expected by Q3 2027.
As a first step, market participants are invited to express interest in future capacity at Zeeland Energy Terminal, a Floating Storage and Regasification Unit (FSRU) based LNG terminal in the harbor of Vlissingen-Oost.
Executive Vice President Growth, Tom Smeenk at VTTI, said: “By launching the open season, we are taking a key step in engaging the market and shaping the future capacity of Zeeland Energy Terminal. The project responds to clear Dutch and European demand for reliable LNG import capacity and will play a vital role in enhancing energy security, supported by a centrally coordinated permitting process.”
Chief Commercial Officer in Höegh Evi, Thomas Thorkildsen, said: “Zeeland and the Netherlands play a vital role in strengthening European energy security. The floating solution will not only provide reliable LNG import capacity, but it will be one of the most efficient LNG terminals in Europe whilst at the same time offer full flexibility to adapt to future needs. We look forward to engaging with customers through the open season and continuing the development of the terminal with VTTI.”
Zeeland Energy Terminal is planned as a large-scale LNG import facility, providing approximately 7.5 bcm per annum of send out capacity and at least 180,000 cubic metres of LNG storage, enabling the unloading of liquefied natural gas carriers, including the possibility for LNG bunkering.
The terminal is designed to support security of energy supply and market flexibility for the Netherlands and wider Europe from late 2029.
Open season: market engagement
VTTI and Höegh Evi are now inviting potential customers and interested parties to engage in discussions regarding capacity needs, commercial structures, and future participation in Zeeland Energy Terminal. The open season will help shape the terminal’s configuration as the project progresses towards final investment decision.
Expressions of interest may be submitted via the Zeeland Energy Terminal website. The expression of interest (EOI) phase of the open season will remain open until March 6, 2026. The commercial process is expected to conclude at the end of 2026.
Strategic infrastructure for energy security and transition
Zeeland Energy Terminal has been recognized as a project of national interest for the Netherlands, underlining its strategic role in strengthening the country’s energy system. The terminal will support the diversification of LNG import routes and enhance flexibility in the European gas market amid a complex and evolving energy landscape.
Natural gas is expected to remain an essential component of the energy mix during the transition towards renewable energy, providing reliability and flexibility. Zeeland Energy Terminal will complement existing LNG infrastructure in the Netherlands and beyond and contribute to a resilient and competitive European gas market. The FSRU solution is adaptable and can be modified to accommodate changing infrastructure needs throughout the transition to clean energy.
Subject to permitting and commercial alignment, Zeeland Energy Terminal is targeted to be operational from late 2029, delivering long-term value through secure, flexible, and future-oriented energy infrastructure.
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Oslo, 5 June 2025 – Höegh Evi and Aker BP have been awarded an Approval in Principle (AiP) from DNV for a next-generation liquefied CO₂ (LCO₂) carrier. The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, is designed to transport captured CO₂ safely and cost-efficiently from European industrial emitters to offshore sequestration sites on the Norwegian Continental Shelf (NCS).
Pioneering a new class for CO₂ shipping
DNV’s Approval in Principle includes a comprehensive assessment of the vessel’s design, including its onboard CO₂ conditioning module. It is the first to be reviewed under DNV’s new CO2 RECOND class notation, developed specifically for CO₂ handling and conditioning.
The approval marks a significant step in enabling the Carbon Capture and Storage (CCS) value chain and industrial decarbonization in Europe.
“This designation from DNV affirms the strength of our technical solution, which is key to realizing Höegh Evi and Aker BP’s unique CCS offering. Together, we can deliver a cost-efficient path to decarbonization, by connecting large-scale carbon emitters to permanent storage offshore,” said Nils Jakob Hasle, EVP Clean Energy at Höegh Evi.
“We are excited to leverage Aker BP’s extensive upstream expertise to mature and develop CO₂ storage solutions on the Norwegian Continental Shelf. We appreciate the integrated and collaborative efforts with Höegh Evi in the development of the CCS value chain. This innovative design with designation from DNV is expected to set new benchmarks in safe, cost-efficient, and sustainable large-scale CO₂ transportation and storage,” said Ørjan Jentoft, Asset Manager for CCS at Aker BP.
”DNV is pleased to collaborate with such a strong consortium of partners to help bring this large-scale CCS project closer to realization. This AIP demonstrates how maritime regulations with DNVs new class rules can support the development of safe and cost-efficient solutions for CO2 transportation and offshore injection – an essential step toward building cost-effective CCS value chains,” said Christina Saenz de Santa Maria, COO at DNV Maritime.
Part of an integrated solution for CO₂ transport and storage
The next-generation liquefied CO₂ (LCO₂) carrier is a key part of a fully integrated carbon removal option for both large and dispersed EU emitters. By integrating CO₂ conditioning and offloading capabilities directly into the shuttle carriers, the design minimizes complexity, reduces risk of impurity co-mingling and ensures reliable injection into offshore reservoirs. Two approved variants of CO₂ vessels will offer total capacities of up to 50,000 m³ of liquid CO₂.
Höegh Evi and Aker BP’s CCS solution can be applied for the Aker BP-operated CO₂ storage licenses on the NCS, EXL 005 Poseidon and EXL 011 Atlas. While initially sized to handle up to 10 million tonnes of CO₂ per annum, it may be scaled to accommodate growing market demand.
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]]>Höegh Evi, a global leader in marine energy infrastructure, has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of Hoegh Gandria as a floating storage and regasification unit (FSRU) in Egypt. The FSRU Hoegh Gandria will be deployed in Q4 2026 to the Port of Sumed and will supply up to 1,000 mmscf/day of peak LNG regasification capacity, making it a critical part of Egypt’s diversified and flexible energy infrastructure.
“Höegh Evi is proud of our longstanding role as a trusted energy infrastructure partner to Egypt and we are excited to begin the conversion of Hoegh Gandria to a floating import terminal, highlighting the unique flexibility of marine infrastructure. We look forward to building on the successful long relationship we have with EGAS and supporting the growth of Egypt’s diversified energy system,” said Erik Nyheim, President and CEO of Höegh Evi.
Hoegh Gandria to be converted from LNG carrier to FSRU
To accelerate the FSRU employment, Höegh Evi will convert the LNG carrier Hoegh Gandria to a floating regasification and import terminal (FSRU). The conversion project will begin immediately, to ensure the timely delivery of the FSRU.
Hoegh Gandria was purchased in February 2023 with the intention of conversion from an LNG carrier to a high-capacity FSRU for long-term deployment. Executing the conversion reinforces the company’s strategy to leverage the flexibility and high-performance capabilities of marine infrastructure.
FSRU Hoegh Galleon to be deployed to Port Kembla as planned
The FSRU Hoegh Gandria will replace the Hoegh Galleon, which was deployed to Egypt in July 2024, on an interim charter from AIE and Höegh Evi. The Galleon will remain in Egypt for up to an additional year before deployment to the LNG terminal in Port Kembla, Australia in 2027.
Image from Höegh Evi
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]]>Rotterdam/Oslo, 2 May 2025 – VTTI and Höegh Evi are pleased to announce that they have officially launched the permitting process for Zeeland Energy Terminal (ZET), a major step towards strengthening the Netherlands’ energy infrastructure. Today, the Ministry of Climate and Green Growth (KGG) published the Notification of Intent and Proposal for Participation, marking the formal start of the permitting process as a project of strategic interest for the Dutch Government.
Located in Sloehaven in Vlissingen or Braakmanhaven in Terneuzen, ZET will feature a Floating Storage and Regasification Unit (FSRU) that will directly connect to the national gas grid, boosting the country’s LNG import capacity. The terminal will be a critical addition to existing LNG facilities in Rotterdam and Eemshaven, enhancing energy security and affordability. Therefore, it is an important project for the Dutch government. This availability of energy can also stimulate growth and other opportunities for the local economy in Zeeland.
Stakeholder engagement is central to this permitting process. Residents, businesses, non-governmental organizations (NGOs), authorities and other stakeholders are invited to participate via submissions to KGG/RVO.
ZET aims to commence operations by 2028/2029, ensuring greater energy resilience and supporting the transition to a more secure and affordable energy future. Communication regarding an open season for interested market participants is planned to follow, after the completion of this initial permitting step, with the launch currently expected in Q4 2025.
For more information and participation opportunities, visit:
Zeeland Energy Terminal (ZET) – NL – VTTI
The Zeeland Energy Terminal will be located in the port area of Vlissingen, Netherlands
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]]>Stord, Norway, 24 April 2025 – Höegh Evi, a global leader in marine energy infrastructure, and Wärtsilä Gas Solutions, part of technology group Wärtsilä, have successfully completed development of the world’s first floating ammonia-to-hydrogen cracker. This breakthrough technology enables floating import terminals to produce hydrogen at industrial-scale volumes from transported ammonia, marking a major step in the energy transition. The project was announced in April 2023 and is part of Norway’s green platform programme.
Scalable technology for a secure energy transition
The industrial-scale ammonia cracker has a modular design that allows integration into both hybrid Floating Storage and Regasification Units (FSRUs) and dedicated Floating Hydrogen Terminals. The technology is highly scalable with a sendout capacity of up to 210,000 tonnes of hydrogen annually. Ammonia storage can range from 10,000m³ to 120,000m³.
“The floating ammonia-to-hydrogen cracker developed by Höegh Evi, Wärtsilä and partners is a game-changer for the hydrogen economy and the energy transition in Europe. Our floating terminals and cracking technology can unlock the full potential of global value chains for green hydrogen, providing European industry with a reliable supply of clean energy within this decade,” said Erik Nyheim, CEO of Höegh Evi.
“This pioneering development of the floating ammonia-to-hydrogen cracker represents a significant leap forward in our quest for sustainable energy solutions. Together with Höegh Evi and our partners, we are not only addressing the challenges of hydrogen storage and transportation but also paving the way for a more resilient and flexible energy infrastructure,” said Walter Reggente, Vice President of Wärtsilä Gas Solutions.
Building on Norway’s history as marine energy pioneers
The project has received approximately EUR 5.9 million in funding from the Norwegian Government’s green platform programme, representing approximately 50% of the total budget. The ammonia cracker was constructed at Sustainable Energy’s Norwegian Catapult Center in Stord, Norway. Additional partners in the project include the Institute for Energy Technology (IFE), University of South-East Norway, Sustainable Energy and BASF SE.
“The future of energy must be green, and it’s our job to be part of the technological development necessary to achieve this goal. We are very happy for this project,” said Håkon Haugli, CEO of Innovation Norway.
Innovation Norway is the Norwegian trade promotion organization and is partly responsible for the allocation of funds within the Green Platform program.
Meeting Europe’s 2030 hydrogen import targets According to the EU’s REPower strategy, Europe plans to import 10 million tonnes of renewable hydrogen per year by 2030. As the development of the hydrogen grid progresses, floating infrastructure with ammonia cracking technology can unlock large-scale imports, supplying hard-to-abate industries with a stable baseload energy source and balance within the energy system. To meet this demand, Höegh Evi is developing several hydrogen terminal projects in Europe, with targeted start of operations before 2030.
Illustration: Höegh Evi
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]]>- Partnership to establish international supply chains to secure competitive clean hydrogen
- SEFE responsible for securing the supply of clean hydrogen and for the sale of hydrogen in Germany and Europe
- Höegh Evi to provide infrastructure for transport and import of clean hydrogen via floating terminals
SEFE Securing Energy for Europe and marine infrastructure provider Höegh Evi have signed a Memorandum of Understanding (MoU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other locations in Europe. Together, SEFE and Höegh Evi will analyse the technical and commercial feasibility of various corridors for the supply of clean hydrogen based on ammonia.
Partnering to enable customer decarbonisation in support of Germany’s energy transition goals
The objective of the agreement is to implement international supply chains for clean hydrogen. This includes sourcing of ammonia, transportation by ship, and delivery to floating import terminals where the ammonia is cracked into hydrogen for delivery to SEFE customers through the German hydrogen core grid. The cooperation will also identify possible locations for floating ammonia-to-hydrogen terminals along Germany’s Baltic Sea and North Sea coasts, as well as other potential locations in Europe.
SEFE will manage both the upstream supply portfolio and the downstream part of the supply chain, including global sourcing of clean molecules, the aggregation of hydrogen demand in Germany and Europe as well as investment in the German hydrogen core grid through its subsidiary GASCADE.
Höegh Evi will provide the midstream infrastructure to connect Germany with international hydrogen markets including the transportation of ammonia by ship and the floating import terminal infrastructure. The terminals will provide a supply of dispatchable and baseload-ready clean hydrogen for industrial customers using Höegh Evi’s ammonia-to-hydrogen cracker, the world’s only floating solution to convert ammonia to hydrogen at an industrial scale.
Creating clean hydrogen supply chains from sourcing to customer delivery
Hamead Ahrary, CSO of SEFE highlights: “In our relentless quest to provide our customers with competitive clean hydrogen, we are pleased to be partnering with Höegh Evi to explore the technical and economic viability of different supply chain opportunities. With Höegh Evi’s pioneering technology in the field of floating import terminals including the cracking of ammonia to hydrogen within the terminal and the deep customer understanding we have gained over the last decades, we have the best conditions to develop international clean hydrogen supply chains to make the energy transition a reality.”
Erik Nyheim, CEO of Höegh Evi says: “Establishing global supply chains for hydrogen is a major step towards advancing the energy transition in Germany and Europe. SEFE is leading the way by investing in the German hydrogen core grid and developing global and local partnerships for the production, sourcing and supply of cost-competitive clean hydrogen for Germany and Europe. Höegh Evi is proud to contribute to this endeavour with its world-leading expertise in floating infrastructure and unique hydrogen terminal solutions. In Germany and across Europe, we are developing infrastructure that creates new pathways to decarbonisation via global market corridors for clean hydrogen.”
Illustration: Höegh Evi
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]]>Hamilton, Bermuda, 13 December 2024 – Höegh Evi Ltd. (“Höegh Evi” or the “Company”) today announced that funds managed by Igneo Infrastructure Partners (“Igneo”) have entered into agreements to acquire a 50% ownership stake in Larus Holding Limited, the 100% owner of Höegh Evi, from funds managed by Morgan Stanley Infrastructure Partners (“MSIP”). Aequitas Limited (“Aequitas”) will retain its 50% shareholding and long-term commitment as owner in the Company.
“Höegh Evi and Aequitas deeply value the close collaboration we have had with MSIP through an extraordinary period where we strengthened our role as a market leader in LNG infrastructure and key provider of energy security in Europe. As we expand our focus to include clean energy solutions, Igneo offers deep expertise and resources to support innovation and further growth, aligning with Höegh Evi’s position as global leader in floating infrastructure for energy security and the transition,” said Morten W. Høegh, Chairman of Höegh Evi.
“Höegh Evi is a global leader in delivering floating energy infrastructure to countries advancing energy security and a pioneer in the energy transition. As long-term, responsible investors, we are fully aligned with Höegh Evi’s strategy to continue as a trusted provider of FSRUs and LNG infrastructure, while expanding its focus to include infrastructure for ammonia, hydrogen and carbon molecules,” said Niall Mills, Managing Partner and Global Head of Igneo Infrastructure Partners.
“MSIP identified Höegh Evi early as a trusted owner and operator of floating storage and regasification import terminals with strong growth potential. During our ownership, the company significantly strengthened its commercial and strategic standing. We are grateful for having had the opportunity to support Höegh Evi during this period,” said Alberto Donzelli, Managing Director and Co-Head of Europe at Morgan Stanley Infrastructure Partners.
Höegh Evi is the issuer of senior unsecured bonds listed on Oslo stock exchange, with ISIN NOK0010873755 (the “Bonds”). The Company intends to repay the Bonds at maturity and before the closing of the Transaction.
The transaction is expected to close in the first half of 2025, subject to regulatory approvals and customary closing conditions.
Morgan Stanley & Co. International plc and DNB Markets, a part of DNB Bank ASA are acting as financial advisors to the Company. White & Case LLP, Kirkland & Ellis International LLP and Watson Farley & Williams LLP as legal advisors to the Seller, Aequitas and Company, respectively.
Citigroup Global Markets Limited is acting as financial advisor and Weil, Gotshal & Manges (London) LLP and Advokatfirmaet Schjødt AS are legal advisors to Igneo.
For more information:
Höegh Evi
Christine Corkery Steinsholt, Head of Communications and Marketing
Igneo Infrastructure Partners
[email protected]
About Höegh Evi
Höegh Evi is the vital link to secure transition-delivering fast, adaptable, and secure solutions that respond to countries’ evolving energy needs. For 50 years, Höegh Evi has been a pioneer and global leader in floating energy infrastructure, with one of the world’s largest fleets of FSRUs (floating storage and regasification units) for importing natural gas.
Today, Höegh Evi is building the infrastructure needed to make the energy transition possible, with floating terminals for ammonia and hydrogen import, the world’s first floating ammonia-to-hydrogen cracker, and services for carbon transport and permanent storage.
Höegh Evi is a global company with a highly skilled global team of 900 employees at sea and onshore. Learn more at hoeghevi.com
About Igneo Infrastructure Partners
Igneo is an autonomous investment team in the First Sentier Investors Group. It invests in high-quality, mature, mid-market infrastructure companies in utilities, energy infrastructure, waste management and transportation/ logistics sectors. Operating since 1994, the team works closely with portfolio companies to create long-term sustainable value through innovation, a focus on responsible investment and proactive asset management.
Igneo manages US $20.0bn worth of assets (as of 30 September 2024) on behalf of more than 200 investors around the world.
About Morgan Stanley Infrastructure Partners
Morgan Stanley Infrastructure Partners (MSIP) is a leading global private infrastructure investment platform with over $17 billion in assets under management since inception. Founded in 2006, MSIP has invested in a diverse portfolio of over 40 investments across transport, digital infrastructure, energy transition and utilities. MSIP targets assets that provide essential public goods and services with the potential for value creation through active asset management. For further information, please visit www.morganstanley.com/im/infrastructurepartners.
About Aequitas Limited
Aequitas Limited (‘Aequitas’) is the principal investment holding company of the Høegh family, indirectly owned and controlled by Leif O. Høegh and family trusts under which Morten W. Høegh and his immediate family are the primary beneficiaries. Aequitas owns various industrial businesses such as Höegh Evi, Höegh Autoliners (OSE: HAUTO), Höegh Eiendom and HCP Africa, alongside a diversified multi-asset class portfolio of financial investments managed by Höegh Capital Partners.
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]]>December 6, 2024 – Hamilton, Bermuda and Klaipéda, Lithuania. Höegh Evi, a global leader in marine energy infrastructure solutions, has officially transferred ownership of the floating storage and regasification unit (FSRU) Independence to KN Energies and the country of Lithuania, marking a significant milestone in the nation’s energy development.
The Independence was commissioned by the Republic of Lithuania in 2014 and was engineered with regasification capacity to fully meet the country’s gas needs. The agreement between Höegh Evi and the Republic of Lithuania provided for the option to acquire and own the FSRU by the end of 2024. The transfer of ownership to the state underscores Lithuania’s long-term commitment to maintaining this critical asset.
“Klaipėda’s LNG terminal stands as a powerful symbol of Lithuania’s political resolve, determination, and commitment to achieving energy independence. It has played a pivotal role in reshaping the country’s energy landscape and enhancing regional energy security, opening up new opportunities for diversification. The terminal represents Lithuania’s frontline in the ongoing pursuit of energy independence, and we take immense pride in the fact that the Lithuanian flag will now proudly fly over it, “ said the President of the Republic of Lithuania, Gitanas Nausėda.
Independence: a symbol of success in energy security
Under Höegh Evi’s management, the Independence has supplied nearly 16 billion cubic meters of natural gas to Lithuania and surrounding countries. It has maintained a strong operational record, with close to 500 ship-to-ship operations and no safety incidents.
“The acquisition of the FSRU Independence by Lithuania is a proud moment for Höegh Evi. A decade ago, Lithuania’s vision to leverage marine infrastructure for energy security set a powerful example. The Independence is now a cornerstone of the region’s critical energy infrastructure. Höegh Evi is honoured to continue working with KN Energiés to provide Lithuania and its neighbours with a reliable supply of natural gas,” said Erik Nyheim, President & CEO of Höegh Evi.
Höegh Evi to continue as technical operator of FSRU Independence
After the transfer of ownership, Höegh Evi will continue to provide KN Energiés with technical and operational management of the vessel.
“While the ownership of Independence is changing, our decade-long partnership with Höegh Evi remains strong. Hoegh LNG Klaipėda, part of the Höegh Evi group, will continue to provide technical operation and maintenance of the FSRU for the next five years, with an option to extend this cooperation for an additional five years. Over the years, the company has proven to be a reliable and trusted partner, and we are pleased to see this mutually beneficial and growth-oriented partnership continue,” said Darius Šilenskis, CEO of KN Energies.
Media contact, Höegh Evi:
Christine Corkery Steinsholt
Head of External Communications and Marketing
[email protected] | +47 95 09 5481
—
About Höegh Evi:
Höegh Evi is the vital link to secure transition—delivering fast, adaptable, and secure solutions that respond to countries’ evolving energy needs. For 50 years, Höegh Evi has been a pioneer and global leader in floating energy infrastructure, with one of the world’s largest fleets of FSRUs (floating storage and regasification units) for importing natural gas.
Today, Höegh Evi is building the infrastructure needed to make the energy transition possible, with floating terminals for ammonia and hydrogen import and services for carbon transport and permanent storage. Höegh Evi is a global company with a highly skilled global team of 900 employees at sea and onshore. Learn more at hoeghevi.com
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]]>September 16, 2024 – Oslo, Norway.
Höegh LNG, a global leader in marine energy infrastructure solutions, is pleased to announce its new name, Höegh Evi.
Standing for “energy vector infrastructure,” the name Evi reflects the recent expansion of our focus beyond LNG import terminals to encompass innovative and tangible clean energy solutions. As a leader in liquefied gas handling, Höegh Evi is accelerating the energy transition with floating infrastructure for ammonia and hydrogen, as well as carbon transport and storage (CCS), in addition to LNG.
“In a world of rapid change and evolving energy demands, customers need a partner to help them balance today’s energy security needs with tomorrow’s clean energy ambitions. Höegh Evi will continue to be a leading provider of floating LNG infrastructure while we are also applying our skills and experience to bring marine infrastructure for clean molecules into operation by the end of this decade,” said Erik Nyheim, President & CEO of Höegh Evi.
Höegh Evi has been a pioneer in liquefied gas solutions for more than 50 years and will continue to be a market leader in LNG with one of the world’s largest fleets of FSRUs (floating storage and regasification units) and LNG carriers. The company is also developing innovative marine infrastructure including floating ammonia and H2 import terminals, ammonia cracking technology and CCS.
“The name Höegh Evi continues to speak to our heritage and our strong reputation within the LNG industry, while capturing the expansion of our focus in response to new demands and the energy transition. Together, the Höegh Evi team both at sea and onshore is very excited to develop clean and efficient solutions to the benefit of people and planet in the future,” said Morten W. Høegh, Chairman of the Board of Directors at Höegh Evi.
Along with the new name, the company has adopted a new logo and visual identity. Learn more at hoeghevi.com
Media contact:
Christine Corkery Steinsholt
Head of External Communications and Marketing
[email protected] | +47 95 09 5481
About Höegh Evi:
Höegh Evi is the vital link to secure transition—delivering fast, adaptable, and secure solutions that respond to countries’ evolving energy needs. For 50 years, Höegh Evi has been a pioneer and global leader in floating energy infrastructure, with one of the world’s largest fleets of FSRUs (floating storage and regasification units) for importing natural gas.
Today, Höegh Evi is building the infrastructure needed to make the energy transition possible, with floating terminals for ammonia and hydrogen import, the world’s first floating ammonia-to-hydrogen cracker, and services for carbon transport and permanent storage.
Höegh Evi is a global company with a highly skilled global team of 900 employees at sea and onshore. Learn more at hoeghevi.com
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]]>Lubmin, Oslo, June 28, 2024 - Höegh LNG has signed an agreement with Deutsche ReGas, a mid-sized company in the European energy infrastructure sector and operator of privately financed LNG-terminals in Germany, to realize the “H2-Import-Terminal Lubmin”.
The terminal will be the world’s first floating green ammonia cracker, producing around 30,000 tons of hydrogen per year that will be fed into the hydrogen core network via the existing feed-in point at the Deutsche ReGas Terminal in the port of Lubmin.
The green ammonia cracker technology embedded into the barge solution has been developed by Höegh LNG and serves as an industrial pilot for the conversion and decarbonization of FSRU’s in Germany. Deutsche ReGas will provide the on-shore terminal infrastructure, the overall coordination of the entire project, including permitting and the marketing of the import-capacities at the terminal.
Erik Nyheim, CEO in Höegh LNG: “Importing hydrogen from global producers overseas is key to achieving industrial decarbonization. By adapting existing marine infrastructure elements with our innovative cracking solution, we can provide access to cost-competitive hydrogen within the next few years. The expertise, technology and infrastructure elements are already existing, and we are excited to partner with Deutsche ReGas to realize this project and accelerate the energy transition in Germany.”
Ingo Wagner, managing director of Deutsche ReGas: “Our agreement with Höegh LNG initiates a significant new chapter in both Germany’s energy transition strategy and our company’s development. Thus, our H2-Import-Terminal Lubmin is a key building block for decarbonization of the industrial regions of eastern and southern Germany. The H2-Import-Terminal Lubmin strengthens Mecklenburg-Western Pomerania’s position as a green energy powerhouse. We are excited about this next step in our cooperation with Höegh LNG”.
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]]>Hamilton, Bermuda 02 May 2024 – Höegh LNG Holdings Ltd. (Höegh LNG) has announced an agreement between Höegh LNG, Australian Industrial Energy Pty Ltd (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the Floating Storage and Regasification Unit (FSRU) Hoegh Galleon.
The aim of the deployment is to support energy security in Egypt. Hoegh Galleon will be located in Ain Sokhna, Egypt for a likely period of 19-20 months, after which it is expected to be deployed to AIE’s LNG terminal currently under construction at Port Kembla, Australia.
“Together with AIE and EGAS, we are pleased to provide Egypt with flexible infrastructure in support of energy security. Höegh LNG is the industry leader in the rapid deployment of FSRUs, and we are pleased that we can provide this solution for EGAS together with AIE while continuing to develop our strong partnership,” said Erik Nyheim, President & CEO of Höegh LNG.
Höegh LNG and AIE announced a 15-year FSRU charter agreement for Hoegh Galleon in June 2022. The agreement with EGAS is for an interim period of June 2024 to February 2026.
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]]>Oslo, 4 September 2023 – Höegh LNG and Aker BP have entered a strategic partnership to develop a fully comprehensive carbon transport and storage (CCS) offering for industrial CO2 emitters in Northern Europe. The agreement combines the companies’ respective strengths, expertise, and technologies to establish a strong value chain for CCS on the Norwegian Continental Shelf that includes gathering, transporting and securely injecting CO2 for permanent storage in subsea reservoirs.
“Höegh LNG welcomes the opportunity to join forces with Aker BP and deliver a large scale, one-stop shop CCS value chain to industrial emitters before 2030. Together we will provide market-leading solutions for decarbonizing at a low unit cost, contributing to the energy transition in Europe, said Erik Nyheim, CEO of Höegh LNG.
“We expect CCS to play a key role in the transition to a low-carbon energy future. This partnership reflects our ambition to advancing CCS solutions by combining Aker BP’s strengths in subsurface understanding and large-scale project development with Höegh LNG’s technical expertise in the LNG sector” said Karl Johnny Hersvik, CEO of Aker BP.
The collaboration encompasses:
- Technical Development: Höegh LNG will spearhead the further development of their concept of Floating CO2 Storage Units (FCSO) enabling purification and aggregating CO2 from multiple emitters in key export hubs. Such units will make it possible to offer cost efficient solutions also to smaller emitters that would otherwise not be able to develop solutions on their own. The liquified CO2 will be transported by CO2 Shuttle Tankers at low pressure that results in larger transportation capacity and lower CO2 unit cost due to scale. Aker BP will lead the development of Offshore Injection Facilities and identify suitable subsea reservoirs for CO2 storage.
- Commercial development: Höegh LNG and Aker BP will work together to unlock potential new business opportunities for CO2 transportation and storage solutions, within the Norwegian Continental Shelf, for CO2 captured from multiple identified industrial emitters in North-West Europe.
By entering into this agreement, Aker BP and Hoegh LNG are collaborating as strategic partners to develop seaborn transportation and injection solutions for CO2.
© Höegh LNG
For more information
Christine Corkery Steinsholt
Head of Communications, Höegh LNG
[email protected] | +47 950 95 481
Ole-Johan Faret
Press spokesperson, Aker BP
[email protected] | +47 402 24 217
About Höegh LNG AS
Höegh LNG is a pioneer within maritime energy infrastructure, providing countries and energy companies with rapid, flexible and cost-efficient access to the global LNG market. We are a leading innovator, owner and operator of Floating Storage and Regasification Units (FSRUs) and LNG carriers (LNGCs). In addition to providing energy security, our vessels support the transition to renewables by providing reliable access to lower carbon natural gas and a flexible infrastructure solution for delivering carbon-free energy.
For over 50 years, Höegh LNG has provided safe and reliable access to critical and cost- competitive LNG infrastructure. Our global organization consists of approximately 900 employees at sea and onshore, with half of our capacity deployed in Europe.
About Aker BP
Aker BP is a company engaged in exploration, field development and production of oil and gas on the Norwegian continental shelf. The company operates six field centres: Alvheim, Ivar Aasen, Skarv, Edvard Grieg, Ula and Valhall, and is a partner in the Johan Sverdrup licence. Aker BP’s shares are traded on Oslo Børs (AKRBP).
Aker BP is one of the largest independent oil companies in Europe with a production of more than 450,000 barrels of oil equivalent per day. Aker BP is a global E&P leader in low CO2 emissions and seeks to offset its non-abated Scope 1 and 2 emissions.
The post Höegh LNG and Aker BP Form Strategic Partnership for Carbon Transport and Storage Solutions appeared first on Höegh Evi.
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