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RiskPoynt reaches oil and gas milestone with over 140 sites in production across five continents

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Oilfield Technology,

RiskPoynt has sustained notable year-over-year growth with a 40% 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 and maintenance management. Version 6 allows oil and gas operators to evaluate and test the robustness of control barriers at the equipment level.

RiskPoynt is pioneering the necessary expansion of real-time barrier risk management technology in the global oil and gas industry. Originally developed to meet the exacting regulatory standards of North Sea oil platforms, RiskPoynt customers have since expanded use globally and are starting new markets in other industries, including mining and petrochemicals.

Industry research firm Verdantix recently recognised RiskPoynt as the market leader in risk barrier management, best among all vendors assessed in their Green Quadrant Operational Risk Management Software 2019 report in January 2019.

“We look forward to delivering increased safety and operational efficiency to our growing oil and gas customer base and also to new industries, including mining and petrochemicals, who will greatly benefit from the application of our technology,” said Tim Perman, CEO of RiskPoynt. “RiskPoynt equips our customers with the real-time data, tools and knowledge to properly manage risk across the organisation to ensure safety, environmental security and efficiency at their operations.”

RiskPoynt serves its growing global customer base from offices located in Brisbane in Australia, Denver and Houston in the US and London in the UK and through a growing network of channel partners located in Australia, Brazil, Oman and Europe.

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