Höegh LNG rebrands, expands focus on floating infrastructure for ammonia, hydrogen

Bermuda-based shipowner and operator Höegh LNG has changed its name to Höegh Evi to reflect the recent expansion of its focus beyond liquified natural gas (LNG) import terminals and encompass “innovative and tangible clean energy solutions”.

As disclosed, Höegh Evi will accelerate the energy transition with floating infrastructure for ammonia and hydrogen, as well as carbon transport and storage (CCS), in addition to LNG.  

“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.  

“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,” stated Erik Nyheim, President & CEO of Höegh Evi.

Höegh LNG has been active in the LNG sector for more than 50 years, working with floating storage and regasification units (FSRUs) and LNG carriers. Now, the firm is looking to develop “innovative” marine infrastructure including floating ammonia and H2 import terminals, ammonia cracking technology and CCS.

In May this year, the company struck a deal with Australian Industrial Energy (AIE) and Egyptian Natural Gas Holding Company (EGAS) to deploy one of its floating storage and regasification units (FSRUs) in Egypt, aiming to support the country’s energy security.

Meanwhile, the shipowner and operator entered into an agreement to develop what is said to be the world’s first floating import terminal for the industrial-scale conversion of green ammonia to green hydrogen.