Norway funds floating ammonia-to-hydrogen project
The government has provided a project led by Hoegh LNG and Wartsila with NOK60mn, equivalent to 50pc of expected costs
An ammonia-to-hydrogen project led by Norway’s Hoegh LNG and Finland’s Wartsila has received NOK60mn ($5.78mn) in funding from the Norwegian government, equivalent to 50pc of the expected cost. The project aims to develop a system installed onboard a floating receiving terminal that can convert ammonia to hydrogen. “As a world leading provider of fast-track floating LNG terminals, we are well-positioned to support the transition to clean, carbon-free energy. New and innovative solutions will need to be developed, and we look forward to working together to ensure we remain at the forefront of the energy transition,” says Erik Nyheim, CEO of Hoegh LNG. The firm aims to ensure future terminals
Also in this section
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies






