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 3, 2025 | Last updated Jun 11, 2025 | Maritime, News, Uncategorized
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...
Published Jun 2, 2025 | Last updated Jun 11, 2025 | Maritime, News, OpenRisk, Uncategorized
Safety Software System used for vetting processes. Five ways to use Safety Management System for vetting processes 1. Enhanced risk management Safety management system and Risk management software such as, Presight Barrier Management provides real-time risk...