North Ammonia As
North Ammonia AS is a Norwegian project developer founded in 2021 that originates and develops green ammonia production facilities — primarily for maritime fuel — anchored by the 150,000 tpy Eydehavn flagship project and backed by Swiss Life Asset Managers and Grieg Maritime Group.
- Company typePrivate
- Founded2021
- HeadquartersOslo, Norway
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What North Ammonia As does
North Ammonia AS is a privately held Norwegian project developer founded in 2021 that originates and develops facilities to produce green ammonia — a carbon-free, energy-dense chemical and hydrogen carrier — for use primarily as a marine fuel. The company is a 50/50 joint venture between Grieg Edge (part of Grieg Maritime Group, a family-owned shipping business dating to 1884) and Vergia AS, which has been owned by Swiss Life Asset Managers since July 2024 and is managed on behalf of private market infrastructure funds. The company is headquartered in Oslo at Bryggegata 6 on Aker Brygge, and operates as a project development entity with a small core team supplemented by owner resources and engineering contractors.
The core technology is green ammonia production via water electrolysis (producing green hydrogen from renewable power) followed by synthesis with nitrogen extracted from air in an ammonia synthesis reactor, using proven, well-established ammonia handling processes. The flagship Eydehavn Green Ammonia (EGA) facility at Arendal in southern Norway is grid-connected with a 171 MW reservation from Glitre Nett/Statnett, supporting up to 150,000 metric tonnes of annual production (approximately 145,000 tonnes tied to the reserved capacity) and includes on-site storage and a dedicated jetty for ship bunkering. Two additional projects are in development: the Slagen Energy Hub at Esso Norge's Slagentangen terminal (up to 100,000 tpy ammonia distribution, Phase 1 target 2027/28) and the Fjord Base facility at Florø (partnership with Fjord Base Holding AS, signed December 2024). Engineering partners include Genesis (Technip Energies) for pre-FEED, Linde Gas and Linde Engineering for feasibility studies, and Norconsult for risk assessment and plot regulation.
North Ammonia is pre-revenue and generates no operating revenue today; the first facility (Eydehavn) targets Final Investment Decision in 2026 and Commercial Operations Date around 2029. Revenue, once generated, will come from long-term supply contracts with maritime customers (the principal committed offtake is 100,000 metric tonnes per year from Höegh Autoliners by 2030), with a broader value chain including hydrogen supply to European industrial users via the March 2025 Höegh Evi partnership. Pre-FID development has been funded by joint venture owners and an Enova governmental pre-project grant awarded October 2021. The company's go-to-market is enterprise field sales targeting vessel owners, charterers, industrial ammonia buyers, and port authorities in Norway and Northwest Europe.
North Ammonia As firmographics
Firmographics- Name
- North Ammonia As
- Legal name
- North Ammonia AS
- Website
- https://northammonia.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- North Ammonia AS is a Norwegian project developer founded in 2021 that originates and develops green ammonia production facilities — primarily for maritime fuel — anchored by the 150,000 tpy Eydehavn flagship project and backed by Swiss Life Asset Managers and Grieg Maritime Group.
- Ownership category
- akta.pro rank
North Ammonia As industry classification
Industry- Product category
- Green Ammonia Production
- NAICS
- Chemical Manufacturing (325), Industrial Gas Manufacturing (32512)
- SIC
- Industrial Organic Chemicals (2860)
- akta.pro primary industry
- Alternative Low-Carbon Marine Fuels Bunkering (Methanol, Biofuels, Ammonia, Hydrogen) (TLAHAKAC)
- akta.pro secondary industries
- Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC), Nitrogen Fertilizers (Ammonia, Urea, UAN, Ammonium Nitrate/Sulfate) (AFABABAA)
Keywords
Where North Ammonia As is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices4 records
Markets served
North Ammonia As business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Others
Revenue model
- Green ammonia sales — long-term supply contracts: North Ammonia develops, builds, owns and operates green ammonia production facilities. Revenue is generated through long-term supply contracts with maritime customers for the delivery of green ammonia as a fuel. The company does not publicly disclose pricing; contracts are negotiated directly with customers such as Höegh Autoliners (who committed to consuming at least 100,000 metric tonnes annually by 2030). Pre-FID project development is funded by the joint venture owners (Grieg Maritime Group and Swiss Life Asset Managers) and government grants (e.g., Enova pre-project funding).
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
North Ammonia As product offering
Product offeringCore offering
North Ammonia develops, builds, owns, and operates green ammonia production facilities in Norway that produce carbon-free ammonia fuel from renewable power, water, and air for the maritime and industrial sectors. The company integrates the full value chain from green hydrogen electrolysis to ammonia synthesis, on-site storage at -33 degrees Celsius, and dedicated port bunkering infrastructure for marine fuel delivery.
Product overview
North Ammonia is a green ammonia project developer and producer offering a portfolio of production facilities across Norway. The core offering includes Eydehavn Green Ammonia (EGA) as the flagship project in Arendal with 150,000 MT annual capacity, the Slagen Energy Hub partnership for hydrogen and ammonia distribution, and Fjord Base green ammonia production development. All facilities produce green ammonia - an energy-dense, carbon-free fuel and hydrogen carrier for maritime applications, produced using renewable power, water and air through electrolysis and ammonia synthesis.
Differentiator
Problem solved
Functional benefit
Products and services
- Eydehavn Green Ammonia (EGA) Flagship green ammonia production facility in Arendal, Southern Norway, producing up to 150,000 metric tonnes of green ammonia per year using 171 MW of renewable power for maritime and industrial customers. Includes on-site storage tanks and bunkering infrastructure at a designated jetty for direct vessel loading.
- Slagen Energy Hub Joint project at Esso Norge's Slagentangen terminal exploring green hydrogen production (up to 20,000 tpy) and green ammonia distribution (up to 100,000 tpy in Phase 1, scalable to 200,000 tpy). Located at the Oslofjord inlet where more than 10,000 ships pass annually.
- Fjord Base Green Ammonia Green ammonia production facility being developed at Fjord Base in Florø, Norway, in partnership with Fjord Base Holding AS. Fjord Base is Norway's largest supply base with 1,000+ acres of developed industrial area and significant maritime activity.
- Green Ammonia Fuel Carbon-free fuel produced using renewable energy (green hydrogen and nitrogen extracted from air) for the maritime industry and industrial applications. Green ammonia contains no carbon and serves as a CO2-emission-free fuel on a well-to-wake basis, compliant with IMO and EU maritime regulations.
Quantifiable outcome
- Up to 300,000 tCO2eq reduced per year at Eydehavn facility (Eydehavn Green Ammonia annual production of up to 150,000 metric tonnes green ammonia)
- +2 more outcomes
Companies that use North Ammonia As
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
North Ammonia As technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
North Ammonia As partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, flagship, key and supporting.
- Höegh EvicoreNorth Ammonia and Höegh Evi (global leader in marine energy infrastructure) signed an agreement in March 2025 to explore a value chain for supplying hydrogen to European industrial users using green ammonia produced in Norway. Höegh Evi is developing floating import terminals for hydrogen using its unique ammonia-to-hydrogen cracker technology. The partnership broadens North Ammonia's offering beyond maritime fuel to include hydrogen supply for European industrial users (steel, chemicals, heavy transport).
- Fjord Base Holding ASflagshipNorth Ammonia AS and Fjord Base Holding AS joined forces in December 2024 to develop a green ammonia production facility at Fjord Base in Florø, Norway. The partnership focuses on infrastructure development, grid connection, permitting, and early-phase project engineering. Fjord Base is Norway's largest supply base with 1,000+ acres of developed industrial area and significant maritime activity. A Letter of Intent was first signed in 2022. The project is now actively engaged in securing grid capacity.
- Genesis (Technip Energies)coreNorth Ammonia engaged Genesis, part of Technip Energies, to execute the pre-FEED study for the 171 MW Eydehavn Green Ammonia project. Genesis brings world-class process engineering expertise and a strong track record in ammonia plant design and execution. The pre-FEED study will mature the technical concept for production, storage, and loading facilities, forming the basis for environmental impact assessments and permitting.
- Arendal Havn (Arendal municipality port authority)coreNorth Ammonia signed a long-term land lease agreement with Arendal Havn, securing access to land for the full production facility, storage tank, and required infrastructure at the industrial port of Eydehavn. The port is owned by Arendal Kommune and is strategically positioned in Skagerrak. Arendal Havn has a strategic ambition to make green fuels available for calling vessels to support EU climate targets and FuelEU Maritime compliance.
- Statnett and Glitre NettcoreNorth Ammonia secured a grid capacity reservation of 171 MW through Glitre Nett (regional grid operator) and Statnett (national transmission system operator). The reservation ensures sufficient grid capacity for the Eydehavn Green Ammonia facility's annual production of approximately 145,000 tonnes of green ammonia. Grid application was submitted in 2021.
- Höegh AutolinerscoreNorth Ammonia and Oslo-listed Höegh Autoliners signed an agreement for the supply, distribution, delivery, and consumption of green ammonia. Höegh Autoliners committed to powering at least 5% of their deep-sea operations with green ammonia by 2030 and consuming at least 100,000 metric tonnes annually. Höegh Autoliners has ordered eight ammonia-ready Aurora class PCTC vessels (delivery from H2 2024). The partnership directly supports the development of North Ammonia's Eydehavn facility.
- ExxonMobil / Esso Norge AS (Slagen Energy Hub)keyNorth Ammonia, Grieg Edge AS, GreenH AS, and Esso Norge AS (affiliate of ExxonMobil) signed a Memorandum of Understanding in June 2022 to study the potential production and distribution of green hydrogen and ammonia at Esso's Slagentangen terminal. The study explores production of up to 20,000 tpy green hydrogen and distribution of up to 100,000 tpy green ammonia (Phase 1), with potential to scale to 50 tpy hydrogen and 200,000 tpy ammonia in subsequent phases. Esso converted the former refinery to a fuels terminal in 2021.
- GreenH AS (Slagen Energy Hub)keyGreenH AS is a Norwegian pioneer in developing green infrastructure for hydrogen. At Slagen Energy Hub, GreenH studies the potential for producing green hydrogen, contributing expertise in hydrogen infrastructure and electrolysis.
- EnovasupportingEnova, a Norwegian governmental funding system for innovative projects, granted North Ammonia pre-project funding from October 2021 to April 2022 for the further development of the green ammonia facility in Arendal. The pre-project consisted of multiple work packages to accelerate concept planning and development.
- Linde Gas and Linde EngineeringkeyLinde Gas and Linde Engineering support the Arendal project with feasibility studies and preliminary basis of design for the ammonia facility, leveraging their vast experience within the gas and liquid value chain and world-class execution track record.
- NorconsultkeyNorconsult supports the Arendal project with risk assessment studies and plot regulation in close collaboration with relevant stakeholders and the city municipality.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
North Ammonia As competitors and assessment
Company assessmentBroad incumbents
- Equinor: Norwegian energy major with a stated green ammonia and hydrogen strategy, including flagship projects like the Northern Lights CCS hub and hydrogen/ammonia at Kollsnes and other sites. Overlaps in Norwegian site selection, maritime fuel positioning, and use of Norwegian renewable power.
- Ørsted: Danish offshore wind leader with a green hydrogen and Power-to-X roadmap that includes green ammonia as a downstream product. Comparable as a renewable-power-backed developer moving into maritime ammonia fuels.
- ADNOC: UAE national oil company exporting low-carbon (blue and green) ammonia to Asian and European markets. Competes with North Ammonia for early-mover ammonia shipping customers and is investing in ammonia bunkering hubs.
- CF Industries Holdings: Largest North American ammonia producer with announced green ammonia projects (Donaldsonville, Yazoo City). Comparable in transitioning conventional ammonia operations to green hydrogen feedstock and pursuing maritime fuel offtake.
- Air Products: Global industrial gas major and one of the largest hydrogen producers worldwide. Co-developing the NEOM Green Hydrogen project (green ammonia output) and has stated green ammonia offtake targets. Comparable as a large-scale green ammonia project developer with maritime ambitions.
Direct peers
- NEOM Green Hydrogen Company: Joint venture of Air Products, ACWA Power, and NEOM building the world's largest green hydrogen-to-green ammonia plant in Saudi Arabia (600 tonnes/day H2, ~1 million tonnes/year ammonia by 2026). Closest scale comparable and a primary competitor for global green ammonia offtake contracts.
- Fortescue Future Industries: Australian green hydrogen and ammonia project developer founded by Fortescue. Building multiple green ammonia facilities globally (Egypt, Kenya, Norway, Brazil). Directly competes with North Ammonia for project sites, offtake customers, and capital in the emerging green ammonia value chain.
- Yara Clean Ammonia: Norwegian-based division of Yara International, the world's largest ammonia trader and a leading developer of green/blue ammonia production and shipping. Direct overlap with North Ammonia in producing and supplying low-carbon ammonia to maritime end-users.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
North Ammonia As social profiles
Digital presenceNorth Ammonia As financial estimates
Financial estimateRevenue estimate
Valuation estimate
North Ammonia As leadership team
Management profileNumber of profiles
Profiles3 records
North Ammonia As funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
North Ammonia As M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about North Ammonia As
What does North Ammonia As do?
North Ammonia develops, builds, owns, and operates green ammonia production facilities in Norway that produce carbon-free ammonia fuel from renewable power, water, and air for the maritime and industrial sectors. The company integrates the full value chain from green hydrogen electrolysis to ammonia synthesis, on-site storage at -33 degrees Celsius, and dedicated port bunkering infrastructure for marine fuel delivery.
Is North Ammonia As a public or private company?
North Ammonia As is a private company. It is classified as corporate owned and is currently operating.
When was North Ammonia As founded?
North Ammonia As was founded in 2021. It employs 1 to 10 people.
Where is North Ammonia As based?
North Ammonia As is headquartered in Oslo, Norway, in the Europe region.
How does North Ammonia As make money?
One revenue line is on record: green ammonia sales — long-term supply contracts.
Who are North Ammonia As's main competitors?
Broad incumbents on record are Equinor, Ørsted, ADNOC, CF Industries Holdings and Air Products. Direct peers are NEOM Green Hydrogen Company, Fortescue Future Industries and Yara Clean Ammonia.
Does North Ammonia As have an API?
No public API is recorded for North Ammonia As.
What industry is North Ammonia As in?
North Ammonia As's product category is Green Ammonia Production. Its primary akta.pro industry code is TLAHAKAC, Alternative Low-Carbon Marine Fuels Bunkering (Methanol, Biofuels, Ammonia, Hydrogen), with a secondary code of EUABAJAC, Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol). Its NAICS code is 325 and its SIC code is 2860.