Provaris Energy and Yinson Production Offshore Collaborate on Innovative CO2 Storage Solutions
Key Ideas
- Provaris Energy and Yinson Production Offshore are partnering to develop storage tank solutions for the bulk storage and marine transportation of CO2, with a focus on adapting hydrogen tank designs.
- The collaboration aims to address existing limitations in the transit and storage of CO2 by evaluating the technical and economic viability of new tank designs, potentially extending to hydrogen derivatives like ammonia.
- Provaris has a cutting-edge hydrogen carrier design, H2Neo Carrier, and is actively involved in regional compressed hydrogen supply chain projects, positioning itself as a key player in the hydrogen industry.
- Yinson Production's expertise in building floating production vessels will complement Provaris' innovative tank designs, offering cost-effective and scalable solutions for CO2 storage and transport in the carbon capture and sequestration sector.
Provaris Energy and Yinson Production Offshore have announced a collaboration to develop storage tank solutions for the bulk storage and marine transportation of CO2. Provaris will leverage its proprietary tank design for compressed hydrogen to assess the feasibility of adapting it for CO2 storage and transport. This partnership aims to overcome the current limitations in CO2 transit and storage by developing innovative tank designs suited for long sailing distances and large cargo volumes. Additionally, the collaboration will explore the potential application of hydrogen derivatives like ammonia. Provaris, known for its H2Neo Carrier hydrogen carrier design, is actively engaged in various compressed hydrogen supply chain projects and has established partnerships with key industry players. Yinson Production, with its expertise in constructing floating production vessels, will contribute to developing cost-effective and scalable solutions for CO2 storage and transport in the carbon capture and sequestration sector. The joint effort combines Provaris' advanced cargo containment system with Yinson Production's experience in FPSO vessel construction to drive innovation in the storage and transportation of CO2.