Provaris Energy Ltd
Provaris Energy Ltd is an Australia-based company.
The business
Provaris Energy Ltd is an Australia-based company. The Company is advancing innovative Compressed Hydrogen (H2) and Carbon Dioxide (CO2) storage and transport solutions through proprietary tank designs for storage, maritime gas carriers and integrated supply chain development. The Company’s principle activities include supporting the development of hydrogen production and export projects in Europe, with a focus on local collaborations in Norway; the design, engineering and Maritime Class Approvals for its proprietary H2Neo Carrier and H2Leo Storage Barge for the marine storage and transportation of compressed hydrogen; and developing innovative liquid CO2 tank designs for marine transport and offshore storage and injection applications. Its proprietary H2Neo carrier is based on a conventional MR tanker with two integrated tanks to store (450-tonnes) hydrogen at 250 bar MAOP.
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Latest news
Provaris Energy Partners With 'K' LINE and Norwegian Hydrogen to Build Compressed H2 Supply Chain
Provaris Energy partners with K LINE and Norwegian Hydrogen to build a compressed H2 export chain from Norway to Northern Europe, advancing the FjordH2 project.
Provaris Energy Delivers LCO₂ Tank FEED Phase 1 On Time as Manufacturing Pathway Advances
Provaris Energy (PV1) delivers Phase 1 FEED on time for 25,000m3 LCO2 tank; moves to Phase 2 with Yinson, eyeing late-2026 FID.
Provaris Energy Raises $1.08m via Placement to Advance Unique Gas Compression Technology
Hydrogen and carbon dioxide storage technology specialist Provaris Energy (ASX: PV1) has raised $1.08 million to support its continued expansion into Europe. The raising received strong institutional, sophisticated, and professional investor support with 83 million new fully paid ordinary shares to be issued at $0.013 per share, and included strong participation from Provaris directors. The […]
Provaris Energy to accelerate commercialisation of hydrogen carriers in Europe with new deal
Hydrogen transport solutions developer Provaris Energy (ASX: PV1) has signed a memorandum of understanding (MoU) with global shipping leader “K” LINE to progress commercialisation of its range of hydrogen carriers. “K” LINE operates a diverse worldwide fleet of more than 400 vessels and is pursuing environmentally friendly, sustainable maritime shipping, especially in Europe. The shipping […]
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