RemSense Technologies Limited announce that it has received a contract from Fluid In Motion on behalf of Perth based IAS Group to provide virtualplant services to create a photogrammic digital twin of an FPSO (Floating Production Storage and Offloading vessel). FPSO's are used throughout the Globe within the oil and gas industry, and this is the first time RemSense will have delivered virtualplant on this asset type. The provision of virtualplant includes the oil processing and offtake facility as well as the marine vessel.

The total contract value is $206,000 which includes operational data capture and a SaaS agreement for an initial one-year contract. The work is scheduled to be completed in January 2023.