RemSense secures second contract with Chevron in the USA

RemSense Technologies Limited (ASX:REM) has announced the award of its second contract under the global Services Agreement with Chevron Global Services Corporation. The contract involves providing high-resolution photogrammetry scanning and image processing services for an offshore production facility in the United States of America. The contract is valued at approximately US$66,790 (A$97,500) and is scheduled to be completed by the end of November 2024.

Warren Cook, RemSense Managing Director, on the contract award

RemSense Managing Director, Warren Cook, expressed his satisfaction with the contract award, stating, 'RemSense is pleased to continue its partnership with Chevron and to expand our international footprint. It demonstrates trust that we have built and the increasing innovation that we deliver to Digital Twins with the virtualplant service offering.'

Summary of RemSense's second contract with Chevron

RemSense Technologies Limited (ASX:REM) has secured its second contract under the global Services Agreement with Chevron Global Services Corporation. The contract involves providing high-resolution photogrammetry scanning and image processing services for an offshore production facility in the United States of America. The contract, valued at approximately US$66,790 (A$97,500), is scheduled to be completed by the end of November 2024. This expansion of RemSense's partnership with Chevron into the Americas marks an inflection point in RemSense's global services strategy. The company continues to engage with Chevron and other global energy and commodity producers regarding future needs for virtualplant, demonstrating its commitment to expanding its international footprint and delivering innovative solutions.