What Gexcon does

Gexcon AS is a Norwegian privately held process safety and risk management firm headquartered in Bergen, Norway, founded circa 1980 (with 1987 cited in some firmographic records). The company specializes in fire, explosion, and dispersion analysis for industrial facilities handling flammable, combustible, or hazardous materials. Its core technology stack comprises proprietary computational fluid dynamics (CFD) software: FLACS for gas and dust explosion simulation, EFFECTS for consequence modelling of fires and toxic releases, and RISKCURVES for quantitative risk assessment and FN-curve generation, integrated under the X-Suite platform. Gexcon also distributes Shell's FRED and Shepherd software under its software portfolio. Underpinning the software is the company's dedicated explosion testing facility at Sotra, Norway, which provides the proprietary experimental validation data that supports software accuracy claims.

The company operates a hybrid revenue model combining four streams: project-based professional services consulting (dispersion, fire, and explosion modelling studies), recurring software licensing to enterprise clients, professional training and certification programmes for process safety engineers, and physical testing services at the Sotra facility. Pricing is quote-based B2B with multi-year contracts, and no standard pricing tiers are publicly disclosed. Gexcon targets enterprise clients across oil and gas, LNG terminals, hydrogen production and storage, CCUS infrastructure, power and energy, aviation, chemical and pharmaceutical manufacturing, offshore and marine, and transportation and logistics.

Gexcon serves a global client base through 14 country offices across Europe (Norway, Germany, UK, Netherlands, France, Sweden), North America (US), and Asia-Pacific (Australia, China, India, Indonesia, Malaysia, Singapore), complemented by regional channel partners such as HIMSAC in Peru. The company has contributed to high-profile incident investigations including the Piper Alpha platform disaster (1988), Buncefield fuel depot explosion (2005), and the Danvers explosion (2006), reinforcing its position as a recognized reference in the process safety domain. Strategic activity has centered on software platform integration (X-Suite), energy transition vertical expansion (hydrogen, CCUS, battery energy storage), and inorganic growth, including the January 2026 acquisition of Evolution Risk Assurance.

Name

Gexcon

Legal name

Gexcon AS

Website

https://gexcon.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

101–250 employees

Short description

Gexcon is a Norwegian process safety consulting and software firm specializing in fire, explosion, and dispersion modelling for industrial clients. It delivers proprietary CFD software (FLACS, EFFECTS, RISKCURVES, X-Suite), expert consulting, training, and physical testing across oil and gas, LNG, hydrogen, CCUS, and chemical sectors globally.

Ownership category

akta.pro rank

Product category

Process Safety Consulting and Software

NAICS

Engineering Services (541330), Other Scientific and Technical Consulting Services (541690), Other Scientific and Technical Consulting Services (54169), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Services-Testing Laboratories (8734), Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting (BPAHAIAK)

akta.pro secondary industries

Process Safety & Major Hazard Risk Management (PSM) (BPAHAJAE), Industrial & Process Engineering Consulting (BPAHAIAF)

Keywords

• Process safety consulting
• Explosion safety services
• Fire risk assessment
• CFD explosion modeling
• Quantitative risk analysis

Headquarters

HQ city

Bergen

HQ country

Norway

HQ region

Europe

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Consulting Services: Expert-led process safety and risk management consulting engagements including dispersion, fire, and explosion modelling studies for industrial clients. These are typically project-based professional services engagements.
2. Software Licensing: Licensing of proprietary software products including FLACS, EFFECTS, RISKCURVES, and X-Suite to industrial clients for internal safety analysis and risk assessment use.
3. Training Courses: Certification and professional training programs for process safety engineers covering software tools and safety analysis methodologies. Training courses support both initial software adoption and ongoing professional development.
4. Testing Services: Physical testing and validation services conducted at the Sotra, Norway facility for explosion research, software validation, and client-specific experimental programmes.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Gexcon provides expert process safety and risk management consulting alongside proprietary safety analysis software. The company delivers dispersion, fire, and explosion modelling studies, quantitative risk assessments, and incident investigation services to industrial operators. It also develops and licenses CFD-based software (FLACS, EFFECTS, RISKCURVES, X-Suite) and conducts physical testing at its Sotra, Norway facility, supported by professional training programmes.

Product overview

Gexcon offers the X-Suite software solution, a platform combining three core products: FLACS (CFD-based fire and explosion modelling), EFFECTS (consequence modelling for dispersion, fire, and toxic releases), and RISKCURVES (quantitative risk assessment). The suite also includes FLACS DustEx for specialized dust explosion modelling. Additionally, Gexcon distributes Shell software products FRED and Shepherd. Together, these tools enable comprehensive process safety analysis across the entire project lifecycle from feasibility through decommissioning.

Differentiator

Problem solved

Functional benefit

Brands

• X-Suite: Integrated software solution suite including FLACS, EFFECTS, and RISKCURVES for consequence and risk analysis.
• FLACS
• EFFECTS
• RISKCURVES
• FLACS-DustEx

Products and services

• X-Suite Integrated software solution suite for process safety and risk management combining FLACS, EFFECTS, and RISKCURVES for consequence modelling, quantitative risk assessment, and fire and explosion analysis, targeted at industrial safety engineers and risk analysts.
• FLACS Advanced CFD (Computational Fluid Dynamics) software for fire and explosion modelling, used to simulate dispersion, fire, explosion, and detonation scenarios in complex geometries for process safety engineers in oil and gas, energy, and industrial facilities.
• EFFECTS Consequence modelling software for assessing dispersion, fire, explosion, and toxic release scenarios, supporting safety and risk assessments across various industries.
• RISKCURVES Quantitative Risk Assessment (QRA) software for calculating individual risk contours, societal risk, and FN curves to support risk management and regulatory compliance decisions.
• FRED (Shell Software) Shell software for fire and explosion consequence modelling, distributed by Gexcon as part of its software portfolio.
• Shepherd (Shell Software) Shell software for risk assessment and safety analysis, distributed by Gexcon as part of its software portfolio.
• FLACS DustEx Dust explosion modelling tool within the FLACS suite used to model and simulate dust explosion scenarios, assessing severity in terms of overpressures and flame extent for primary and secondary explosions in industrial facilities handling combustible dusts.
• Process Safety Consulting Services Expert-led process safety and risk management consulting engagements including dispersion, fire, and explosion modelling studies for industrial clients across oil and gas, LNG, hydrogen, CCUS, power, aviation, manufacturing, pharmaceuticals, offshore, and transportation sectors.
• Fire and Explosion Testing Services Physical testing and validation services conducted at the Sotra, Norway facility for explosion research, software model validation, and client-specific experimental programmes.
• Process Safety Training Courses Certification and professional training programmes for process safety engineers covering Gexcon software tools (FLACS, EFFECTS, RISKCURVES) and safety analysis methodologies, supporting software adoption and ongoing professional development.

Named customers1 record

Segments10 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Energy InstitutecoreStrategic or Co-development PartnerCollaboration with the Energy Institute on hydrogen separation distances guidance. Gexcon contributes technical expertise and modelling capabilities to develop industry guidance on safety separation distances for hydrogen facilities.
• HIMSACminorChannel Partner/ Reseller/ DistributorHIMSAC serves as Gexcon's local partner in Peru, providing support for workshops, training, and consulting services in the Peruvian market. HIMSAC hosted a Gexcon-led workshop in Lima, Peru on explosion modelling topics.
• ShellcoreGTM or Marketing PartnerShell has integrated Gexcon's FRED and Shepherd software under its Shell Software portfolio, making these tools available to Shell personnel and potentially contractors for safety analysis applications. This represents a significant enterprise deployment.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• DNV: Norwegian-headquartered assurance and risk-management giant offering process safety, explosion, and QRA consulting to oil & gas, maritime, and energy clients — the closest large-scale peer to Gexcon in safety and risk engineering services.
• Exponent: Engineering and scientific consulting firm with a large failure-analysis and combustion/explosion practice, performing incident investigation and expert-witness services directly comparable to Gexcon's expert offerings.
• Jensen Hughes: US-based fire-protection engineering and process-safety consultancy with deep overlap in consequence modelling, LNG/hydrogen safety, and QRA — a like-for-like specialty competitor in explosion and fire risk consulting.
• Baker Engineering and Risk Consultants: Division of Michael Baker International offering explosion, fire, and risk-consulting services to industrial clients including LNG, petrochemical, and offshore — a closely comparable specialty consultancy in consequence and risk analysis.

Broad incumbents

• DEKRA: Global TIC and consulting firm whose process-safety and explosion-protection services (including former Chilworth Technology) overlap directly with Gexcon's hydrogen, dust-explosion, and chemical-process practices.
• ABS Group: Risk consulting arm of classification society ABS, providing process-safety, risk, and reliability services to offshore, marine, and energy clients with comparable QRA and consequence-modelling capability.
• Bureau Veritas: Global TIC (testing, inspection, certification) incumbent with overlapping process-safety, asset integrity, and risk consulting practices serving similar industrial customers, though as part of a much broader certification portfolio.
• Lloyd's Register: Maritime and energy risk-management consultancy providing safety and risk consulting to offshore, oil & gas, and process industries — comparable customer base and adjacent QRA/consequence-modelling capability.
• RINA: Italian classification and engineering services group offering safety, risk, and asset integrity consulting with overlap in industrial process safety and energy-sector risk management.

Emerging players

• ioMosaic: US process-safety specialist focused on PSM, chemical hazard analysis, and risk consulting for chemical and pharmaceutical clients — a niche competitor with strong overlap in process-hazard analysis consulting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/GexconAS
• Facebookfacebook.com/gexconsafety

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gexcon