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Barrier Model

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RiskPoynt Expands Its Powerful Barrier Management App Into Operational Risk

May 3, 2018

As part of their operational excellence initiatives, firms in high-risk, asset-heavy industries such as oil and gas, chemicals, mining, power utilities and port operators have identified the need to control risks at the level of physical operational assets. Operational risk management (ORM) software is emerging as an essential part of their digital toolkit to reduce...

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Bumi Armada Deploys RiskPoynt as Operational Risk Management and Asset Integrity Solution for FPSOs Globally

Tim PermanDecember 12, 2017

DENVER – (December 12, 2017) – Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad has selected RiskPoynt Barrier Model as their operational risk management and asset integrity solution. Bumi Armada is working with MDI Enterprises to launch cloud-deployed RiskPoynt at FPSOs in the North Sea and across Asia and Africa. Bumi Armada tapped RiskPoynt...

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RiskPoynt to Provide Operational Risk Management Software Solution for UK Oil and Gas Company, Chrysaor

Tim PermanNovember 6, 2017

DENVER – (November 6, 2017) – The oil and gas company Chrysaor has selected RiskPoynt Barrier Model as their operational risk management solution. Chrysaor tapped RiskPoynt in 2017 after searching for a software tool to improve their process for managing upstream operational risks. Chrysaor, which will become one of the largest producers of oil and...

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RiskPoynt Selected to Provide Operational Risk Management Software Solution for European-Based Oil and Gas Company, OMV

August 2, 2017

The global oil and gas company OMV/OMV Petrom has selected RiskPoynt Barrier Model as their operational risk management solution. In 2016, OMV was looking for a software package to improve the way they managed upstream operational risks. The specific requirements were for a single Operational Risk Management Application which offered the following functionality: Manages operational...

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Case Studies

Letter from a North Sea Offshore Installation Manager to the RiskPoynt CEO

June 30, 2017

Tim, As one of the early users and converts to RiskPoynt, I wanted to share with you a slide that I put together when I speak to my colleagues regarding my own personal experience with your product and just how effective it was in identifying a potentially dangerous situation that I encountered several years ago...

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