Shell, Akselos sign enterprise agreement for asset monitoring software

Akselos reports that it has signed what it describes as “a strategic enterprise agreement” with Shell Information Technology International B.V. for use of its Structural Performance Management (SPM) software.

The new agreement between Akselos and Shell will extend use of the SPM software on projects with Shell Pearl GTL in Qatar, Shell Scotford in Canada, the Bonga FPSO and various deployments in the Gulf of Mexico. The new agreement aims to expand Akselos’ footprint across the entire Shell enterprise, making Akselos Shell’s primary partner for asset performance monitoring software.

Under the agreement, Shell will leverage Akselos’ SPM software to monitor the structural health of critical assets across the Shell portfolio in near real-time. Akselos says that its SPM software will help enable Shell to leverage its simulation technology to enhance asset performance, ensure uninterrupted operations, extend asset life and ultimately support the safe operation of assets at maximum output.