Woodside footprint reaches ten assets as RemSense secures two new Bass Strait contracts
RemSense Technologies (ASX:REM) has received Letters of Award for two offshore Oil & Gas platforms in Bass Strait, now operated by Woodside Energy (ASX:WDS). The combined contract value is A$365,230, with the project team scheduled to mobilise to site on 13 September 2026.
The awards extend RemSense’s virtualplant footprint with Woodside to ten assets across Australia, comprising five on the NW Shelf and five in Bass Strait. This milestone marks a continuation of an eight-year relationship that dates to 2018, not a new commercial arrangement.
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Q1 FY27 contract snapshot
| Detail | Information |
|---|---|
| Awarding party | Woodside Energy (ASX:WDS) |
| Contract type | Letters of Award |
| Combined value | A$365,230 |
| Assets covered | Two offshore Oil & Gas platforms, Bass Strait |
| Mobilisation date | 13 September 2026 |
What virtualplant delivers on offshore platforms
virtualplant is a digital visual twin of a physical asset, built from high-resolution 3D imagery and LiDAR scanning. In plain terms, it creates an accurate, navigable digital replica of a real-world industrial facility that operators can access remotely.
The two core capture methods used are aerial and terrestrial ultra-high-resolution LiDAR scanning, and advanced 360-degree photogrammetry. Once built, the platform enables a range of operational functions across both newly awarded platforms:
- Remote Digital Visual Inspections (RDVI)
- Maintenance planning and engineering workflows
- Real-time collaboration between Woodside and RemSense teams
- Reduced reliance on offshore site visits, supporting safer operations
For investors, this proposition is worth noting. Virtual twins reduce operator costs and improve safety outcomes, positioning virtualplant as a recurring-value service rather than a one-off project engagement. Each new asset deployment extends the subscription base and deepens client dependency on the platform.
A relationship eight years in the making — and still growing
RemSense first worked with Woodside in 2018, with the relationship expanding progressively across a broadening portfolio of Woodside-operated assets. Separately, RemSense introduced virtualplant to the Bass Strait operations under Esso Australia before Woodside assumed operational control on 1 July 2026.
The fact that these two new awards followed immediately after that transition is significant. virtualplant was retained and expanded its footprint as the operator changed hands, which points to the platform’s stickiness with the teams and workflows that depend on it day to day.
The growth runway from here is material. Bass Strait alone comprises 16 offshore platforms and installations. RemSense currently operates on five of them, leaving a significant runway of remaining platforms. The three-layer opportunity looks like this:
- Remaining Bass Strait platforms
- Expanding NW Shelf presence (currently five assets)
- Woodside’s broader global asset base
Warren Cook, Chief Executive Officer
“These awards are particularly significant for RemSense because they bring together two important relationships for the Company… The addition of another two offshore platforms strengthens our growing relationship with Woodside and demonstrates the repeatable and scalable deployment model we are targeting with Tier 1 energy and resources operators.”
Cook’s reference to a “repeatable and scalable deployment model” is deliberate framing. It signals that management views each new Letter of Award not as an isolated win but as evidence of a systematic expansion strategy with major operators, one that is designed to replicate across assets, basins, and client portfolios.
Applus+ channel awards have followed the same pattern, with virtualplant being adopted across successive offshore platforms under Tier 1 operator programs rather than as isolated one-off engagements, reinforcing the repeatable deployment thesis management has articulated.
What to watch next
The immediate milestone is project team mobilisation to both platforms on 13 September 2026. The announcement confirms there are no material conditions precedent, meaning works can proceed immediately under normal commercial terms.
Looking further ahead, with ten Woodside assets now covered and further Bass Strait platforms remaining outside the current footprint, investors should monitor for further Letters of Award as the relationship continues to scale. The source does not specify a timeline for additional awards, so any further expansion remains subject to Woodside’s operational decisions.
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