Published Jul 2, 2025 | Last updated Jul 2, 2025 | BM, News
Presight Barrier Management tool is a critical component to process safety management. In short the software allows for the full risk picture of your assets, whether it is a drilling rig like a jack-up rig, a fixed platform, semi-sub or even a drill ship. It is also...
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 9, 2025 | Last updated Jun 11, 2025 | Mining, News, 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...
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...
