Published Jun 24, 2025 | Last updated Jun 24, 2025 | News, OpenRisk, Uncategorized
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...
Published Jun 24, 2025 | Last updated Jun 24, 2025 | News, OpenRisk, Uncategorized
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...
Published Jun 13, 2025 | Last updated Jun 27, 2025 | BM, News
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...
Published Jun 12, 2025 | Last updated Jun 24, 2025 | News, OpenRisk
What is the relationship between Artificial Intelligence and risk in high-risk industries like oil and gas? This June at the ESREL and SRA-E 2025 conference hosted by the University of Stavanger, Presight Solutions is proud to lead a panel discussion that unites...
Published Jun 2, 2025 | Last updated Jun 11, 2025 | BM, Maritime, News, OpenRisk
The Importance of the Maritime Industry The maritime industry encompasses all activities and services related to the transportation of goods and people via oceans, seas, and other navigable waters. It is a critical component of the global economy, facilitating...
