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Recent announcements, press releases and media coverage
From Risk Matrix Limitations to Practical Solutions
Background At the end of my two-year master's in risk analysis at the University of Stavanger, I wrote my thesis on a topic that had interested me for a long time, risk matrices. I first encountered these tools during my Bachelor's in Safety and Security...
IADC HSE and Sustainability Europe Conference and Exhibition 2025
The IADC HSE and Sustainability Conference Returns to Amsterdam The IADC HSE and Sustainability Europe Conference will take place in Amsterdam on 17–18 September 2025.This year’s event brings the industry together to address safety, sustainability, digitalisation, and...
Presight Solutions has entered into a new commercial agreement with OKEA.
Presight Solutions is focusing on a new digital system for pipe and valve specifications and has entered into a new commercial agreement with OKEA. Presight Solutions has entered into a commercial agreement with OKEA, in addition to Equinor and Vår Energi, to deliver...
Verdantix Highlights Presight Solutions’ PipeSpec, an asset integrity solution
In asset-intensive sectors like oil and gas, offshore wind and chemical manufacturing, inconsistency in pipe and valve specifications remains a persistent challenge. It is a problem that goes far beyond inconvenience as it introduces operational risk, creates...
How to Build an Effective and Understandable Cybersecurity Risk Management System
With virtually all industries having undergone some form of digitalisation, cybersecurity has become more pertinent than ever. The relevance of cybersecurity is also reflected in Google searches. The search term 'Risk management' remained steady over the years, but...
Understanding and Preventing Toxic Gas Releases
In the energy sector, the presence of hazardous substances such as toxic gas releases is a reality. Among these, toxic gases such as hydrogen sulfide (H₂S), ammonia (NH₃), or chlorine (Cl₂) pose invisible yet deadly risks to workers, the environment, and surrounding...
Managing Loss of Containment with the bowtie methodology
Loss of Containment (LoC) occurs when a hazardous substance escapes from the system designed to hold it. This may involve gases like ammonia, as well as liquids or solids leaking from tanks, pipelines, valves, or vessels. In many industries this is dangerous, but in...
Fire and Explosions in the Manufacturing Industry: Why Barrier Management Matters
In 2018, a devastating explosion tore through the Didion Milling Inc. corn milling facility in Cambria, Wisconsin, USA. Didion Milling Inc. is an agricultural processing and co-located bioscience facility specialising in dry corn mill, industrial alcohol and ethanol...
Using the bowtie method for assessing risks associated with Ammonia Release
This article explores the risks involved in ammonia release and shows how the bowtie method can be used to identify potential causes, strengthen barriers, and reduce the impact of an ammonia release. The industrial use of ammonia (NH₃) is widespread, including...
Info Labels Give Context to Your Bowtie Diagram with Presight OpenRisk
Bowtie diagrams are a graphic tool that are shaped like a bow-tie. Bowtie’s are centered around an unwanted event (top event) with preventative barriers to the left and mitigating barriers to the right of the top event. In this way, the bowtie visualises how...
Explore Presight Barrier Management software tool
Presight Barrier Management tool is a critical component to process safety management. In short, the software provides the full risk picture of your assets, whether it is a drilling rig like a jack-up rig, a fixed platform, a semi-sub or even a drill ship. It can also...
Managing Loss of Stability Risks with the Bowtie Approach in the Oil and Gas Industry
As the oil and gas industry advances with complex operations and technologies, managing the inherent risks associated with loss of stability has become a critical priority. Loss of stability events, such as structural failures, and equipment collapse can lead to...