Provaris has hit a key milestone in the development of its liquid CO2 tank and the concept has been expanded to allow a wider range of applications associated with carbon capture and storage (CCS). With partner Yinson Production the company remains on track with good progress on FEED stage 2 and is working with DNV towards GASA Class Approval. We continue to see the CO2 opportunity as providing near term monetisation for the Provaris IP and complementing the large-scale hydrogen tank opportunity.
27 May 2026
Provaris - CO2 Milestone Expands Opportunity
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Provaris - CO2 Milestone Expands Opportunity
Provaris has hit a key milestone in the development of its liquid CO2 tank and the concept has been expanded to allow a wider range of applications associated with carbon capture and storage (CCS). With partner Yinson Production the company remains on track with good progress on FEED stage 2 and is working with DNV towards GASA Class Approval. We continue to see the CO2 opportunity as providing near term monetisation for the Provaris IP and complementing the large-scale hydrogen tank opportunity.