ABS and Akselos deepen collaboration with joint completion of technical assessment for structural digital twin technology

This data-driven approach aims to improve operational cashflow by reducing inspection and maintenance costs by up to 33%, minimising both planned and unplanned downtime, and enhancing safety by limiting human exposure in hazardous operational areas. This, it is claimed, ultimately unlocks hundreds of millions of dollars in value through extended FPSO life and avoided production losses.

FPSO vessels are substantial capital assets operating in harsh offshore environments and handling highly volatile substances. Proactive protection of their structural integrity is crucial for maximising production and ensuring a strong return on investment. Yet, traditional assessment methods, often time-consuming and reliant on simplified models, lack the predictive capabilities needed to optimise operational efficiency and avoid costly downtime and underperformance.

Akselos’ SPM software provides a high-fidelity, near real-time digital twin of the entire FPSO. By combining inspection records, metocean conditions, and cargo operations into one dynamic model, operators gain a live, continuous view of structural performance. This allows for real-time monitoring, identification of stress concentrations, and on-demand fatigue analysis to support data-driven maintenance and risk-based inspections.

When supported by ABS’ Condition Manager and Eagle Twin inspection data management and condition tracking software tools, the combined suite is capable of monitoring real time load and condition information within a digital twin framework that enables full life cycle support of an offshore asset.

The technical work builds on a long-standing collaboration between Akselos and ABS, including joint digital twin deployments in Brazil’s Cessão Onerosa oil field. Akselos’ SPM software also integrates with ABS’s Eagle Unified™ suite, providing operators with a unified platform for asset performance management and class compliance.

“This collaboration reinforces the role of high-fidelity digital twin technology in the future of offshore structural integrity management,” said Matt Tremblay, Senior Vice President, Global Offshore at ABS. “By combining real-time operational data with advanced simulation, Akselos is enabling a more predictive and performance-based approach to asset management – fully aligned with the industry’s drive toward safer, more efficient operations.”

“This joint work confirms the robustness of our software and reinforces the growing momentum for digital transformation in offshore oil and gas,” said Claus Reimers, Chief Product and Technology Officer at Akselos. “We enable operators to simulate the structural integrity of the entire FPSO in real time and at full fidelity – supporting smarter, safer decisions across the asset lifecycle.”

 

 

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