News

Recent announcements, press releases and media coverage

Managing Loss of Containment with the bowtie methodology

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...

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Explore Presight Barrier Management software tool

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...

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Loss of well control in the oil and gas industry 

Loss of well control in the oil and gas industry 

Loss of Well Control (LoWC) is one of the most severe incidents in the oil and gas industry. It refers to situations where the pressure in a well can no longer be managed safely, potentially resulting in blowouts, fires, environmental damage, and loss of life. Causes...

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What You Don’t Know Will Hurt You!

What You Don’t Know Will Hurt You!

Why uncertainty deserves a spotlight Uncertainty is inherent in safety-critical industries; no data set is ever complete, and Presight openly accepts and highlights this reality. By clearly showing gaps, limitations and variability in the data, the platform lets...

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Cave-ins and Rock falls in mining industry 

Cave-ins and Rock falls in mining industry 

The 2010 Chilean Mining Accident  In 2010, 33 workers spent 69 days trapped inside the San Jose gold and copper mine after it collapsed on August 5th. The “Chilean mining accident” (2010 Copiapó mining accident) involved a rock fall that triggered a cave-in....

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The role of bowtie analysis in ship inspections for risk management

The role of bowtie analysis in ship inspections for risk management

Bowtie analysis in ship inspections Ship inspections are crucial in the maritime industry for risk management and reducing accidents. The objective is to ensure operational and asset integrity to prevent maritime accidents. The catastrophic events of the Erika and the...

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