Norway’s Hoegh LNG is changing its name to Hoegh Evi — as it rebrands the company to reflect its growing energy transition infrastructure focus.
Announcing and explaining the company’s new name today Hoegh said Evi stands for “energy vector infrastructure” and signals the company’s moves beyond LNG import terminals to include “innovative and tangible clean energy solutions”.
The company said: “Hoegh Evi is accelerating the energy transition with floating infrastructure for ammonia and hydrogen, as well as carbon transport and storage, in addition to LNG.”
Hoegh Evi president and chief executive Erik Nyheim said: “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.
Nyheim assured that Hoegh Evi will continue to be a provider of floating LNG infrastructure, but he added that the company is also applying its skills and experience to bring marine infrastructure for clean molecules into operation by the end of this decade.
Hoegh Evi described itself as “a pioneer in liquefied gas solutions for more than 50 years”, which today has one of the world’s largest fleets of floating storage and regasification units.
It is also developing marine infrastructure of floating ammonia and hydrogen import terminals, ammonia cracking technology and carbon capture and storage.
Hoegh Evi chairman of the board of directors Morten Hoegh said: “The name Hoegh 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 Hoegh Evi team both at sea and onshore is very excited to develop clean and efficient solutions to the benefit of people and the planet in the future.”
