Published Sep 1, 2025 | Last updated Sep 1, 2025 | Oil and Gas, PipeSpec
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...
Published Jul 2, 2025 | Last updated Jul 4, 2025 | Barrier Management, Industry
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...
Published Jun 24, 2025 | Last updated Jul 7, 2025 | Industry, 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 Jul 7, 2025 | Industry, 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 9, 2025 | Last updated Jul 7, 2025 | Industry, Mining, OpenRisk, Uncategorized
Mining, while essential to the global economy, remains one of the most hazardous industries. Mechanical failures—along with factors like explosions and fires—are a leading cause of mining accidents. This highlights the need for strong safety measures and advanced...
