The deal, which replaces a 2024 MoU, will see Baker Hughes provide compression technology, engineering services, and cost-modelling support for Provaris’ planned 450–2,000-tonne high-pressure tanks for carrier vessels and barges.
Chief Technology Officer, Per Roed, said, “This collaboration strengthens our ability to deliver scalable, efficient hydrogen transport and storage solutions.”
Provaris is developing a 450-tonne system based on a standard MR tanker to store hydrogen at 250 bar, a 2,000-tonne capacity system, and a 300–600-tonne storage barge.
It argues high-pressure hydrogen systems will beat ammonia for hydrogen transportation on price and capital.
According to its own Concept Design Study, Provaris said compression will deliver 50% more hydrogen than ammonia due to less energy consumption, while reducing delivered prices by 20%.
Provaris has already signed a term sheet with Uniper and previously partnered with Norwegian Hydrogen to export compressed hydrogen from Norway to Germany.
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