We’re making the future of hydrogen accessible through simple and efficient compressed hydrogen.

Choice of compression enables simplicity and efficiency throughout the value chain, leading to lower delivered costs.

Use less renewable energy to deliver more hydrogen

Eliminates complex & capital-intensive supply chain processes

Delivers hydrogen aligned with Europe’s demand & policy ambitions

Compression of Hydrogen is proven technology

Offers the lowest delivered cost from regional supply projects

Flexible import solutions for off-takers to balance market demand

Illustration of H2neo carrier containment tank design, with storage capacity of 26,000m3 or 430 tonne hydrogen, will be available from 2027.
Illustration of H2neo carrier containment tank design, with storage capacity of 26,000m3 or 430 tonne hydrogen, will be available from 2027.

We are developing a proprietary gaseous hydrogen containment tank for carriers and storage solutions.

The H2NeoTM (450-tonne) and H2MaxTM (2,000-tonne) capacity carriers and the H2LeoTM storage barge (300 - 600 tonne capacity range) designs are advancing through to final marine classification and approvals, along with critical safety studies. H2NeoTM is based on a standard MR tanker with two integrated tanks to store hydrogen at 250 bar MAOP. US Patent has been granted on the cargo containment system and integration into the hull.

Co-operation with global shipping company Kawasaki Kisen Kaisha, Ltd. (“K” LINE) to accelerate Provaris’ commercialisation of our hydrogen carriers. In 2025, we entered a MOU with “K” LINE marking a significant step toward the commercialisation of Provaris’ compressed hydrogen shipping and offshore storage solutions. “K” LINE will offer technical, commercial, and operational assistance using its accumulated knowledge and global shipping expertise to aid Provaris’ development of its hydrogen transport and storage model.

Technical Partners & Advisors include:

Prodtex

In August 2023, the Norwegian company Prodtex AS, was awarded a contract to develop, build and test a prototype pressurised hydrogen tank at Prodtex’s fabrication facility located in Fiskå, Norway. The full scope of work will be performed together with the ship classification societies ABS and DNV, as well as SINTEF (Norway's leading independent research organisation).  A joint venture will also be established to develop new innovative hydrogen tank production facility to supply hydrogen tanks for the Provaris H2Neo carriers and H2Leo storage barges, as well as smaller tanks for onshore storage applications.

Prodtex production site with Norwegian mountainside and fjord in the background

We are developing a proprietary gaseous hydrogen containment tank for carriers and storage solutions.

The H2Neo (430-tonne) and H2Max (2,000-tonne) capacity carriers and the H2Leo barge storage (capacity range 300 - 600 tonne) designs are advancing through to final marine classification and approvals, along with critical safety studies. H2Neo is based on a standard MR tanker with two integrated tanks to store hydrogen at 250 bar MOAP. US Patent has been filed on the containment tank and integration into the hull.

We have regional export projects undergoing permitting and feasibility studies in Norway and Australia.

Tiwi H2

2.8 GW renewable green hydrogen project for export markets into Asia, located on the Tiwi Islands, Northern Australia. The Tiwi H2 project is a fully integrated compressed hydrogen project, controlled by Provaris, with development underway for solar generation, transmission, H2 production and the export of up to 100,000 tonnes per annum of hydrogen targeted for late 2027. Provaris is seeking to introduce project partners for offtake, finance, construction and operations.

front view of provaris ship carrier, 2d illustration

Our strategy is to be the first-mover in regional supply of green hydrogen to support industrial decarbonisation

“Compression for the marine transportation of hydrogen is the simplest and most cost-effective option for regional distances. The entire value chain from renewable generation to delivery to the customer needs to be analysed to provide the true picture – exactly what Provaris’ ‘Hydrogen Marine Transport Comparison Report’ and “Concept Design Study (Compression)” have achieved.”
Garry Triglavcanin
Product Development Director

For more information please contact info@provaris.energy with your questions.

Why did compression beat ammonia as an efficient low-cost carrier of green hydrogen?

The outcomes demonstrate the efficiency and cost benefits of compressed hydrogen produced in Norway delivered to Rotterdam from a 540MW capacity reservation export site, producing 87,000 tpa of hydrogen, for export using Provaris’ H2Neo carriers over a distance of 1,000 Nm.

50%

More gaseous hydrogen delivered to customer

Energy efficiency across the entire production and supply chain (generation, production and delivery). Compression delivered 50% more gaseous hydrogen volume compared to ammonia + cracking back to hydrogen.

Vol

50%

More gaseous hydrogen delivered to customer

Energy efficiency across the entire production and supply chain (generation, production and delivery). Compression delivered 50% more gaseous hydrogen volume compared to ammonia + cracking back to hydrogen.

20%

Lower Price delivered to the customer

Based on an IRR of 12% (all equity, pre-tax), over a 20 year supply term, compressed hydrogen showed a 20% lower delivered hydrogen price to the customer compared to ammonia + cracking back to hydrogen.

20%

Lower Price delivered to the customer

Based on an IRR of 12% (all equity, pre-tax), over a 20 year supply term, compressed hydrogen showed a 20% lower delivered hydrogen price to the customer compared to ammonia + cracking back to hydrogen.

Price

20%

Reduction in Capital Cost per kg H2 delivered

The compressed hydrogen production and supply chain delivered a 20% lower capital cost intensity on a Euro per kg of hydrogen delivered basis compared to ammonia + cracking back to hydrogen.

Capex

5–10x

Increase in the Production Site value

Compressed hydrogen production and supply chain provides the developer with a material increase in the net-back price of H2 and project NPV, compared to ammonia + cracking back to hydrogen.

Value

A Provaris Energy Techno-Economic Study #4

Compressed Hydrogen

An energy efficient bulk-scale carrier for green hydrogen

In September 2024, Provaris announced the completion of its ‘Concept Design Study’ for bulk-scale hydrogen export and import compression facilities.  The findings reaffirmed the low energy use and low capital of Provaris’ compressed hydrogen supply chain for regional marine transport of hydrogen in gaseous form.

The results support hydrogen export feasibility studies being undertaken for sites identified in Norway and the Nordics along with import site locations such as Port of Rotterdam as part of our collaboration with Global Energy Solutions.

The comparison between compressed hydrogen vs ammonia supply chains is illustrated below, for both delivered volume and delivered price to the customer, in addition to the simplicity of import infrastructure required for gaseous hydrogen.