New large-scale solutions are critical to unlocking CCS global scale and growth potential.
While the infrastructure required for storage and shipping of liquid CO2 is well established, it remains constrained based on limited capacity and high in cost based on niche industry applications.
To meet the expected growth in investment for Carbon Capture and Storage (CCS) to meet CO2 emissions targets, improvements in cost efficiencies is driving demand for specialized large scale storage and vessels for maritime transport and offshore injection solutions.
Provaris is innovating bulk-scale LCO2 storage to address capacity constraints of
New tank capacity designs through our knowledge of novel designs and maritime Class approvals
Using standard carbon steel materials aligned with maritime guidelines
Low pressure and temperature liquid CO2 tanks to be used in offshore storage and injection
Provaris and Yinson Production join forces to innovate on CO2 storage and marine transport solutions
In October 2024, a Joint Development Agreement was signed with Yinson Production AS to evaluate the feasibility of transforming Provaris’ tank designs and technology for bulk liquid CO2 storage and transport. New bulk-scale solutions are critical to unlocking CCS global scale and growth potential. Yinson Production is a global energy infrastructure and technology company, with a strong track record in the offshore industry, who is developing the CO2 infrastructure supply chain.
Strategic collaboration is underway with new tank designs for liquid CO2 storage transport at lower pressure and temperature, and higher volumes required for long voyages and larger cargo volumes – maximizing hull utilitisation and transport efficiency.