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Provaris and Yinson Forge Bulk CO2 Tank Alliance to Unlock CCS Growth
1:53am on Monday 2nd of June, 2025 AEST
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Energy
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Provaris and Yinson Forge Bulk CO2 Tank Alliance to Unlock CCS Growth
1:53am on Monday 2nd of June, 2025 AEST
Key Points
Joint development agreement with Yinson fully funds Provaris’ large-scale CO2 tank program
New tank designs target storage capacities beyond current 7,500 cbm industry limits
Partnership linked to Norway’s 10 Mtpa Havstjerne CCS project
Provaris to earn license fees from floating, shipping, and land-based CO2 storage solutions
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