Provaris and Yinson Production Advance MOU with Himile to Confirm Feasibility of LCO₂ Tank Production

Provaris and Yinson Production enter MOU with Himile to assess the fabrication of the proprietary LCO₂ tank at Himile’s manufacturing site in Rushan, China.

Himile has an extensive track record working with global energy and EPC companies in the construction of large, complex modules for the oil and gas industry.

MOU runs in parallel to the LCO₂ tankFEED program to determine manufacturability, cost, and delivery timelines. Factors that are critical to the development of the FSIU and carbon capture and storage value chain.

Recent site visit to Rushan confirms suitability of existing yard and deep-water facilities suitable for the fabrication and delivery of large scale LCO₂ tanks.