Provaris, Uniper and Norwegian Hydrogen Sign Large Hydrogen Deal
In partnership with Provaris Energy Ltd, Norwegian Hydrogen has signed a conditional Term Sheet with Uniper Global Commodities SE for the supply, transport, and offtake of RFNBO-certified hydrogen.
Looking at early 2029
The agreement outlines the delivery of 42,500 tonnes per year of green hydrogen, transported via Provaris’ innovative H2Neo compressed hydrogen carriers. Deliveries could begin in early 2029 and extend for 10 years, establishing Europe’s first large-scale regional hydrogen marine transport project.
“This tri-party collaboration is a significant step forward for clean energy solutions. It highlights our potential to lead the way in sustainable hydrogen production and export,” said Jens Berge, CEO of Norwegian Hydrogen.
Hydrogen will be transported in Provaris’ H2Neo carriers, which offer a cost-effective and energy-efficient method for delivering the fuel. The green hydrogen, sourced from renewable energy, will connect key Nordic production hubs to North-Western Europe. Uniper will oversee the development of the receiving terminal, enabling integration into Europe’s hydrogen network.
Supports Europe’s 2030 climate goals
By delivering 42,500 tonnes annually, the partnership directly supports Europe’s 2030 climate goals of reducing greenhouse gas emissions by 55%.
The partnership provides a scalable, standardized approach to hydrogen supply that reduces energy losses while maximising renewable resource efficiency.
The collaboration builds on the Memorandum of Understanding signed in August 2024. Negotiations for a binding Hydrogen Sale and Purchase Agreement (SPA) are targeted to conclude by June 2025.
Norwegian Hydrogen AS was founded in early 2020 by Knut Flakk and a group of industrial investors, including Flakk Gruppen, Hexagon Purus, Hofseth International and Tafjord Kraftproduksjon, who envision a future with zero emissions.
The idea behind the company was sparked in 2018, when the Norwegian Government introduced new requirements, to be administered from 2026, for emission-free entry into the UNESCO world heritage fjords of Norway. This fostered our idea of a hydrogen factory in Hellesylt that will provide local, green hydrogen to vessels sailing into the fjords.