The pair are reportedly heading out to France in mid-August to work on the project.
Kane has supported the Arctic Monkeys with his former band The Little Flames and more recently guest starred on stage with the group during their gigs at the Old Trafford Cricket Ground.
The Rascals rocker told NME: "James Ford is producing it and is going to play drums, he's a really boss drummer. Me and Al will do all the bass and guitar and vocals, and try to get the bulk of it done in two weeks. We're going to record it quite live to tape I think. Then whenever we've got weekends off a the same time we'd like to get some strings on it and probably do all that back home. That's the plan anyway."
Talking about a possible name for the collaboration, he said: "We were thinking Turner & Kane but everyone says it doesn't sound too serious."