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Provaris Advances Hydrogen and LCO2 Shipping Programs as Strategic Partnerships Deepen

Story Highlights
  • Provaris deepened its hydrogen shipping partnership with “K” Line and renewed Nordic hydrogen agreements to advance compressed hydrogen export into Europe.
  • The company progressed hydrogen and LCO2 tank development, resuming prototype fabrication in Norway and advancing FEED work with Yinson to stay on track for 2026 milestones.
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Provaris Advances Hydrogen and LCO2 Shipping Programs as Strategic Partnerships Deepen

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Provaris Energy Ltd ( (AU:PV1) ) has issued an update.

Provaris Energy’s December 2025 quarter saw meaningful progress across its hydrogen and LCO2 shipping programs, highlighted by a deepening strategic partnership with Japanese shipping major “K” Line, the extension of Nordic hydrogen collaboration agreements, and advancement of its Norwegian Robotics and Innovation Centre. “K” Line executives visited Provaris’ Norwegian facilities as both parties refined commercial models, financing and ownership structures for H2Neo compressed hydrogen carriers, while extended agreements with Norwegian Hydrogen and Uniper support ongoing work on the FjordH2 export project and emerging offtake frameworks in Germany and Northern Europe. The company resumed fabrication of its hydrogen prototype tank in Fiskå, a key step towards marine class approvals and full technical readiness for compressed hydrogen shipping by 2026, and it maintained schedule on front-end engineering and design for a 25,000 cbm low-pressure LCO2 tank for Yinson’s Havstjerne CCS project, alongside joint venture structuring and discussions with Asian fabricators and LCO2 carrier owners, reinforcing Provaris’ positioning as a technology enabler for next-generation energy shipping and storage solutions.

The most recent analyst rating on (AU:PV1) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Provaris Energy Ltd stock, see the AU:PV1 Stock Forecast page.

More about Provaris Energy Ltd

Provaris Energy Ltd, listed on the ASX, operates in the clean energy and maritime transport sector, developing proprietary compressed hydrogen (H2) and liquid CO2 (LCO2) storage and shipping solutions. The company focuses on enabling export-oriented hydrogen and carbon capture and storage (CCS) value chains, primarily in Norway, the Nordic region and Europe, through specialised carrier vessels and large, layered steel tank technologies supported by robotic fabrication capabilities.

YTD Price Performance: -14.29%

Average Trading Volume: 614,266

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$11.22M

Learn more about PV1 stock on TipRanks’ Stock Analysis page.

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