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 13, 2025 | Last updated Jun 27, 2025 | Barrier Management, Industry
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 | Industry, 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 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...
