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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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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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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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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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A message to O&G operations recovering after Hurricane Harvey: Are you safe to resume operations?

September 7, 2017

We have watched with fear and sorrow since Hurricane Harvey hit the Texas Gulf Coast last week, leaving extensive suffering, loss and destruction in its path. Like so many in the community, we are looking for ways to help our neighbors who have been affected by Hurricane Harvey.  The impacts on communities and critical infrastructure, including...

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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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