Provaris Energy Ltd (AU:PV1) has released an update.
Provaris Energy Ltd has joined forces with Yinson Production to develop innovative CO2 storage and marine transport solutions, aiming to overcome current limitations in CO2 transit. The collaboration will leverage Provaris’ proprietary hydrogen tank technology to create cost-effective and scalable storage and transport options for CO2, a move crucial for the success of global carbon capture initiatives. This strategic partnership promises to advance the carbon value chain by addressing the need for new designs in CO2 tank solutions, enhancing the capacity for long-distance, large-volume CO2 transport.
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