RemSense’s Growing ExxonMobil Role Highlights Risks and Rewards in Energy Tech
RemSense Technologies has secured a follow-up contract with ExxonMobil to deliver advanced digital twin solutions at the Bass Strait facility, reinforcing its role in the energy sector’s digital transformation.
- Second project award from ExxonMobil following initial engagement
- Contract valued at A$94,760 for ultra-high resolution LiDAR and photogrammetry
- Delivery of enhanced virtualplant visual twin for remote inspections and maintenance
- Partnership with Applus+ to support collaborative workflows across Australia
- Strengthens RemSense’s position as a trusted technology partner in global energy
Strengthening Ties with a Global Energy Leader
RemSense Technologies Limited (ASX, REM) has announced a significant expansion of its relationship with ExxonMobil, one of the world’s largest energy producers. Following a successful initial project earlier this year, RemSense has secured a second contract to deliver cutting-edge digital visualization services at ExxonMobil’s Bass Strait facility. This follow-on award underscores ExxonMobil’s growing confidence in RemSense’s ability to provide scalable, high-resolution digital asset management solutions.
The Project and Its Technological Edge
The new contract, valued at just under A$95,000, involves the capture and processing of ultra-high resolution imagery using both aerial and terrestrial LiDAR scanning alongside advanced 360-degree photogrammetry. These data inputs will feed into RemSense’s proprietary virtualplant platform, creating an enhanced visual twin of the Bass Strait facility. This digital twin will support Remote Digital Visual Inspections (RDVI), maintenance planning, and engineering workflows, enabling ExxonMobil and its partners to collaborate in real time through ongoing virtualplant access and subscription services.
Collaborative Synergies with Applus+
RemSense’s partnership with Applus+, a global leader in testing, inspection, and certification, further strengthens the offering to ExxonMobil. Applus+ brings extensive experience and a broad operational footprint, complementing RemSense’s technology to deliver a comprehensive solution tailored to the complex demands of offshore energy infrastructure. This collaboration highlights the increasing importance of integrated digital solutions in managing high-value, remote assets.
Validating a Global Growth Strategy
This contract award is more than a standalone project; it validates RemSense’s broader strategy to secure repeatable, high-value engagements with Tier 1 global energy operators. By demonstrating the scalability and operational value of virtualplant in demanding offshore environments, RemSense is positioning itself as a key enabler of digital transformation in the energy sector. The platform’s ability to reduce site visits, enhance safety, and streamline workflows aligns closely with industry priorities around operational efficiency and risk management.
Looking Ahead
While the contract value is modest, the strategic implications are significant. This expanded engagement with ExxonMobil could pave the way for broader adoption of RemSense’s technology across other assets and operators. As the energy sector increasingly embraces digital solutions, RemSense’s role as a trusted technology partner is likely to grow, offering investors a glimpse into the company’s potential trajectory.
Bottom Line?
RemSense’s expanded ExxonMobil contract signals growing trust in digital twins as essential tools for energy asset management.
Questions in the middle?
- Will RemSense secure larger, longer-term contracts with ExxonMobil or other global energy majors?
- How quickly can virtualplant scale across ExxonMobil’s broader asset portfolio?
- What competitive advantages does RemSense hold against other digital visualization providers in the energy sector?
