Advanced digital twin technology offers hope for extended FPSO lifespans

“This collaboration reinforces the role of high-fidelity digital twin technology in the future of offshore structural integrity management,” said ABS senior vice president for global offshore, Matt Tremblay. “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.”

FPSOs are among the most complex and capital-intensive assets in operation in the offshore energy industry, many deployed in harsh offshore environments and handling highly volatile substances.

Pressure is increasing to improve safety, extend asset life and reduce costs on these offshore assets as oil and gas prices fluctuate and environmental regulations tighten.

ABS said a data-driven approach using digital twins can improve operational cash flow 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.

Akselos and ABS currently provide digital twins to an FPSO in the Cessão Onerosa oil field in the Santos Basin offshore southern Brazil.

“This joint work confirms the robustness of our software and reinforces the growing momentum for digital transformation in offshore oil and gas,” said Akselos chief product and technology officer, Claus Reimers.

“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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