RemSense Technologies Ltd
Australian government unveils $60b offshore decommissioning roadmap
The Australian government has revealed plans to create a roadmap to help navigate the forecast upcoming surge in decommissioning of offshore facilities that is expected to cost up to $60 billion over the next 30 to 50 years. The Federal Minister for Resources and Northern Australia, Madeleine King, told parliament that Australia is well placed […]
Market wrap: Nasdaq’s technology flu reaches Australia
Australia caught a dose of the technology flu on Friday, following the US market lower with the ASX 200 shedding 0.2%. That was modest compared to a 2% fall on the tech heavy Nasdaq exchange but the damage within the local technology space was still severe, with the sector down 2.7%. Shares in accounting software […]
RemSense continues to provide virtualplant solutions for Australia’s oil and gas sector
Perth-headquartered digital twin solutions specialist RemSense Technologies (ASX: REM) has celebrated the win of a $245,000 contract with leading Australian petroleum company Woodside Energy (ASX: WDS). Under the agreement, RemSense will utilise its unique virtualplant technology to create a photogrammic digital twin of one of Woodside’s floating production storage and offloading (FPSO) vessels. RemSense managing […]
RemSense’s VR/AR platform tackles multi-billion decommissioning issue
Technology solutions company RemSense Technologies (ASX: REM) is planning to utilise its unique virtualplant, a visual digital twin to assist with one of the Australian oil and gas industry’s largest and costliest problems. Over the last decade or so the petroleum industry, government and specialist offshore regulatory bodies have been closely investigating the looming issue of […]