NGI, Plaxis Establish XG Geotools

NGI from Norway and Plaxis from the Netherlands announced the establishment of their joint venture XG Geotools bv.

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

The first tool will be launched at OTC in Houston, Texas USA early May – a tailor made application for calculating the capacity of suction anchors and suction piles using the finite element method. XG Geotools plans regular new additions to their ‘toolbox’ in the time to come.