Name

CoreMarine

Legal name

CoreMarine

Website

https://core-marine.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Offshore Engineering and Integrity Management

NAICS

Foundation, Structure, and Building Exterior Contractors (2381)

SIC

Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI)

akta.pro secondary industry

Offshore Wind Substructures & Marine Engineering (Monopiles, Jackets, Floating) (EUAMACAE)

Keywords

• Offshore engineering services
• Floating asset monitoring
• Mooring integrity management
• Offshore wind advisory
• Subsea construction

Headquarters

HQ city

Norway

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering and Construction Services (CoreConstruct): Turnkey construction services and offshore engineering covering mooring installation, riser hook-up, cable installation, diving operations, fabrication supervision, and bespoke ocean construction. Revenue is project-based, earned through contract awards for offshore construction and execution management across oil & gas, offshore wind, and general marine sectors. Includes both one-time project fees and long-term execution management contracts.
2. Software Licensing and Subscriptions (CoreIntegrity): CoreIntegrity is sold as a license/subscription to offshore operators, providing end-to-end monitoring from hardware installation through data collection, processing, analysis, and reporting. License renewal with Vår Energi for Goliat FPSO demonstrates recurring revenue model. Includes software updates delivered through structured six-month update cycles.
3. Hardware Sales (CoreHub): Sale of the CoreHub data collection unit, a proprietary hardware device that collects, washes, and processes offshore sensor data. Zone-rated, with digital GPS, heave/pitch/roll measurement, local storage, and communication capabilities.
4. Project Planning Software (CorePlan): CorePlan is a planning and optimisation tool for offshore wind developments, sold as part of the CoreDigital suite. Revenue likely follows a SaaS subscription or license model for access to the platform and its Mission Planner functionality.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

CoreMarine delivers turnkey offshore construction services and proprietary software/hardware packages through two integrated divisions. CoreConstruct provides engineering and construction services covering mooring design, riser and power cable engineering, offshore wind advisory, and offshore construction management. CoreDigital offers the CoreIntegrity software platform for real-time mooring, riser, and hull integrity monitoring, the CorePlan planning tool for offshore wind developments, and the CoreHub hardware unit for offshore sensor data collection.

Product overview

CoreMarine operates two main divisions: CoreDigital (digital products) and CoreConstruct (engineering and construction services). CoreDigital centers on the CoreIntegrity platform — a condition-based monitoring and digital twin solution for floating offshore assets — supported by the CoreHub hardware unit for sensor data collection. CoreIntegrity includes distinct analytical modules for mooring integrity, riser system integrity, and hull and structures monitoring, plus a dedicated Line Failure Detection module. CorePlan is the second software product, focused on offshore wind project planning and optimisation. CoreConstruct delivers engineering and construction services across offshore wind, oil and gas, and general marine sectors, encompassing mooring design, riser and power cable engineering, offshore construction management, and advisory services. The digital and construction arms are designed to work together, enabling optimisation from design through operations.

Differentiator

Problem solved

Functional benefit

Brands

• CoreIntegrity: Operational hardware/software platform for enabling digital twins and advanced offshore analytics, providing end-to-end solution from offshore hardware installation, data collection and processing to data analysis, advanced analytics and reporting
• CorePlan
• CoreConstruct
• CoreDigital
• CoreHub

Products and services

• CoreIntegrity Condition-based monitoring software platform for offshore floating assets that combines hardware sensors with software to create digital twins of mooring, riser, and hull/structure systems, delivering real-time monitoring, anomaly detection, predictive analytics, and automated reporting for offshore operators.
• CorePlan Layout, planning, and optimisation tool for offshore wind developments that collates and compares environmental and operational data to simulate wind farm future operations, including construction simulations based on weather data, vessel characteristics and RAOs, and yearly planning based on hindcast weather database.
• CoreHub Proprietary offshore hardware data collection unit that houses advanced 6DOF global motion sensors and subsea acoustic sensors to collect, wash, process, and store sensor data in real time, providing an operational picture of offshore asset performance; zone-rated with digital GPS, heave/pitch/roll measurement, local storage, and communication capabilities; can operate as master or slave unit.
• Mooring Design Services Expert mooring design service covering in-place and temporary mooring design, classification society approval (DNV, BV, Lloyd's Register), and specialist capabilities in poly and nylon mooring lines, synthetic line analysis, hybrid mooring systems, and shared anchoring for floating wind and subsea industries.
• Riser, Umbilical and Power Cable Engineering Engineering and design services for dynamic riser systems (lazy wave, mid-water arches), dynamic power cables, umbilicals, flowline installation, and in-place stability analysis for offshore wind and subsea applications.
• Offshore Wind Advisory

Quantifiable outcome

• 70% CAPEX reduction using CoreIntegrity compared to standard system maintenance
• +6 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature10 records

Partnerships

Eight partnerships are on record, tiered core and moderate.

• Jumbo OffshorecoreStrategic or Co-development Partner · 1 January 2026CoreMarine and Jumbo Offshore were jointly awarded the landmark FLNG installation and hook-up project in Argentina (Golfo San Matías) by Southern Energy S.A. CoreMarine acts as lead contractor while Jumbo Offshore provides transport and installation of the SSY mooring system, including heavy lift and piling activities. Jumbo Offshore are leading global experts in soft yoke installations with extensive experience in Brazil and Cameroon. Both companies commenced project management and engineering in January 2026.
• DNV (Det Norske Veritas)coreStrategic or Co-development PartnerDNV granted formal approval for CoreIntegrity as a Tension Monitoring System and separately for the Line Failure Detection module on the Goliat FPSO. DNV's approval validates the robustness of CoreMarine's methodology and quality of implementation, serving as a critical third-party endorsement for the platform.
• Vår EnergicoreTechnology or IntegrationVår Energi renewed the CoreIntegrity license for the Goliat FPSO, marking the next chapter in a long-standing partnership. The renewal reflects digital integrity management's evolution from a monitoring function to a strategic operational capability. The proposed renewal includes a forward-looking development roadmap: regulatory compliance aligned with NORSOK standards, riser monitoring module, enhanced survey interface, automatic model calibration, and fleet-wide deployment readiness.
• Reach SubseamoderateStrategic or Co-development PartnerCoreMarine and Reach Subsea collaborated on the Firenze FPSO mooring installation project. CoreMarine handled pre-engineering and analysis for offshore operations while Reach Subsea provided subsea execution support including mooring pre-lay and hook-up and riser hook-up.
• NOV (National Oilwell Varco)moderateTechnology or IntegrationNOV supplied the Soft Yoke (SSY) mooring systems for the Hilli Episeyo FLNG and MKII FLNG installation project in Argentina. The SSY systems enable both FLNG units to weathervane around a single mooring point, eliminating the need for fixed infrastructure such as jetties.
• Southern Energy S.A. (SESA)coreStrategic or Co-development PartnerSESA awarded the FLNG installation and hook-up contract to the CoreMarine/Jumbo Offshore consortium. SESA is supported by a world-class international consortium comprising Pan American Energy, YPF, Pampa Energía, Harbour Energy, and Golar LNG — one of Argentina's most strategically important energy developments.
• Pan American Energy, YPF, Pampa Energía, Harbour Energy, Golar LNG (Consortium)moderateStrategic or Co-development PartnerThese entities form the international consortium supporting Southern Energy S.A. in advancing Argentina's FLNG gas sector development. They represent the client ecosystem for the CoreMarine/Jumbo Offshore FLNG installation project.
• ECOS (FSRU Toscana Operators)moderateStrategic or Co-development PartnerCoreMarine worked as an integrated project team with FSRU Toscana's operators ECOS to engineer and execute riser and mooring disconnection operations. The collaboration delivered an ultra-fast-tracked project in a high-stakes situation.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Principle Power: Floating offshore wind technology company (WindFloat platform) involved in floating wind project development, mooring system design, and installation engineering. Directly comparable to CoreMarine's floating wind advisory, mooring design, and dynamic cable work.
• Oceaneering International: Provider of subsea installation, mooring services, and offshore asset integrity solutions to FPSO/FSRU operators. Comparable to CoreMarine on subsea engineering services, mooring installation, and integrity-related work for floating production assets.
• InterMoor (Acteon): Specialist mooring services firm offering mooring system design, installation, and integrity management for floating assets. Direct overlap with CoreMarine's mooring engineering, installation, and condition-based monitoring services for FPSOs, FSRUs, and FLNGs.
• Saipem: Italian offshore EPC major that executes mooring installation, riser hook-up, and FLNG/FPSO projects across the same operator base as CoreMarine. Saipem is both a customer of CoreMarine (Firenze FPSO consortium) and a competitor for engineering and installation scopes on tenders worldwide.
• Subsea 7: Specialist subsea construction contractor delivering mooring pre-lay, riser and umbilical installation, and SURF (subsea, umbilical, riser, flowline) scopes for FPSOs and FLNGs. Operates in the same competitive tender environment as CoreMarine's CoreConstruct division.
• TechnipFMC: Subsea and offshore engineering contractor with integrated mooring, riser, and SURF capability for floating production systems. Comparable to CoreMarine on subsea engineering and offshore construction for major oil & gas and emerging FLNG developments.
• Jumbo Offshore: Heavy-lift and offshore installation contractor specializing in soft-yoke mooring system installation. Currently CoreMarine's consortium partner on the Argentina FLNG project, and an active competitor in the same offshore installation market.

Emerging players

• Kongsberg Digital: Maritime digital twin and asset monitoring software vendor (Kognifai, Vessel Insight) targeting ship operators and offshore asset owners. Comparable on the digital twin / condition-based monitoring side of CoreMarine's CoreDigital product family.
• ABL Group: Energy and marine consulting firm with offshore engineering, mooring design, and asset integrity practices. Overlaps with CoreMarine on mooring engineering, offshore advisory, and asset integrity-related services for floating and offshore wind assets.

Broad incumbents

• SBM Offshore: Floating production specialist (FPSO, FLNG) with broad in-house engineering, mooring, and integrity management capabilities. Operates across the same floating asset value chain as CoreMarine but at greater scale and with broader service scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/coremarine

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about CoreMarine