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RiskPoynt in 2018

Tim PermanApril 1, 2019

Message from CEO Over the past year, RiskPoynt has grown substantially and is gaining additional momentum in 2019. Sites that use RiskPoynt to manage operational risk have increased by more than 40 percent during 2018 – to more than 140 total sites in production across the globe. Recognized by Verdantix as the market leader in barrier...

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RiskPoynt Reaches Oil and Gas Milestone with Over 140 Sites In Production Across Five Continents

March 25, 2019

DENVER – (March 25, 2019) – The leader in operational efficiency and risk management, RiskPoynt has sustained notable year-over-year growth with a 40 percent increase in installed customer sites. RiskPoynt’s release of version 6 provides new functionality for incident and Operational Risk mitigation management and expanded integration with distributed control systems (DCS), historians, SCADA, ERP...

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Blog

RiskPoynt Delivers Unmatched Barrier Risk Management Software to Oil and Gas Customers

March 25, 2019

The independent research and consulting firm, Verdantix, recently released its Green Quadrant Operational Risk Management Software 2019 report, highlighting RiskPoynt’s strong capabilities in barrier risk management and mechanical integrity. The report examines the 17 leading operational risk management (ORM) software suppliers based on Verdantix’s proprietary Green Quadrant methodology. Verdantix’s Green Quadrant analysis recognizes RiskPoynt as...

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News

RiskPoynt Named the Market Leader in Barrier Management

July 19, 2018

Independent ORM and EHS analyst firm Verdantix has named RiskPoynt as an Operational Risk Management Smart Innovator and the market leading application in Barrier Management functionality – the only company to receive full marks in this category. With the imminent release of version 6.0, RiskPoynt is expected to claim the highest cumulative score across all...

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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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News

Shell Goes Live with Cloud-Deployed RiskPoynt

March 26, 2018

Shell has upgraded from a locally hosted version of RiskPoynt, to the most recent cloud-deployed version 5.4. The upgrade was delivered on time and budget across 26 assets globally. This move allows Shell to take advantage of the technology that provides easy access to RiskPoynt from any of its regions.  RiskPoynt is now available to...

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RiskPoynt in 2017

Tim PermanDecember 18, 2017

TPSCO’s Operational Risk Management Application, RiskPoynt, has been recognized by several major oil and gas companies as “best of breed” software for the management of operational risk. In 2017, Shell, OMV, Tullow, Bumi Armada and Chrysaor have all expanded their use of RiskPoynt. The RiskPoynt team is excited about the growth and imminent release of...

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Case Studies

Potential Risks from Outdated Technology

Scot RudolphDecember 18, 2017

Originally posted on GEO ExPro Magazine Anyone who has been in the oil and gas sector for the last 20 years or so has seen vast improvements in the use of technology to advance operational efficiency and reliability. The improvements in assessing operational readiness of equipment and systems are one of the great stories of the 21st century. So why...

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News

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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