Wison New Energies inks deal to develop green ammonia FPSO

Chinese engineering firm Wison New Energies has signed a collaboration agreement with Norway’s H2Carrier to develop a floating green ammonia facility in the north of Norway.

H2 Carrier called it the launch of a new initiative aimed at reducing costs in the production of green ammonia.

"The companies’ joint aspiration is to significantly reduce the cost of producing and supplying green ammonia through innovation, scale and standardisation, applied in resource rich environments with a low cost of electricity. This collaboration aims for the complete delivery of a 500-MW green ammonia FPSO," the company said.

The companies signed the deal at Gastech 2025 in Milan, Italy and said the initiative addresses the growing need for global decarbonisation and improving energy security.

"The cost gap between the production of clean fuels and fossil alternatives remains too large – despite subsidies and public support, several clean fuel projects including hydrogen and ammonia, have been cancelled or postponed in recent months. Meaningful progress towards a net-zero future depends on the renewable industry’s ability to produce clean fuels more cost effectively and more competitively compared with fossil alternatives," the joint statement said.
Under the terms of the deal, Wison would provide engineering and design, as well as construction and integration services for the green ammonia FPSO. 

"Wison clearly sees Power-to-X (P2X) in general and green ammonia specifically, as a strategic pillar for growth," Wison New Energies president of Europe Dr Huang Yi said of the project developed in Norway by H2Carrier. "Norway has always been at the forefront of green developments and is privileged to have one of the largest shipowning bases in the world, an industry with a clear and stated commitment to net zero.” 

H2Carrier said the platform will be developed based on the company’s prior experiences from FPSOs and FLNGs to bring low-cost renewable energy to the end user in a safe and efficient manner using existing and well proven technologies, and has the benefit of minimising the environmental footprint on land.
"This project, as well as our portfolio of international large-scale projects based on the use of the P2XFloater, will enable standardisation and replicability which are key factors for achieving efficiencies in construction, integration and project execution," H2Carrier chief executive Mårten Lunde said.