OTC 2014: NGI and Plaxis announce joint venture

NGI from Norway and Plaxis from the Netherlands have established a joint venture, XG Geotools bv.

Apr 25th, 2014

Offshore staff

HOUSTON– NGI from Norway and Plaxis from the Netherlands have established a joint venture, XG Geotools bv.

XG Geotools will produce and market cloud based software tools tailored for design tasks in offshoregeotechnical engineering. These tools will combine the in-depth subject knowledge and software design skills of both companies.

The company’s first tool, an application for calculating the capacity of suction anchors and suction piles using the finite element method, will be launched at OTC in Houston, May 5-8.

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