Akselos has introduced new structural performance monitoring software for FPSOs called Structural Performance Management (SPM) for FPSO 4.0.
This is designed to help maintain uninterrupted operations and extend the life of FPSOs. Akselos works with companies including Shell, Santos, Yinson and Enauta.
The new software is said to allow operators to cut opex costs by up to 35% through optimized inspections and maintenance planning, minimizing planned and unplanned downtime, and allowing for a speedier resolution of structural issues.
By helping operators extend safe operating windows, Akselos says it can forestall more than $100 million in lost (downtime) production by potentially avoiding an unnecessary stay in dry dock.
In addition, the software is said to help extend the operational life of assets by removing excessively conservative fatigue estimates, using Akselos’ RB-FEA technology. The company claims the software can provide millimeter-level precision in monitoring structural integrity of the entire FPSO in one detailed model, which allows the facility to operate safely over longer periods.
Akselos’s near-real-time, structural twin of the FPSO is designed to enable operators to continuously monitor asset health, identify stress points and run various scenarios to mitigate risks.
The software can integrate inspection, metocean, tank fills and unloading data to perform continuous or as-required fatigue assessments, reducing the risk of unplanned downtime.
It is also said to be compliant with class society standards, helping operators maintain regulatory compliance with near-real-time insights.
