Kwantis news about Project risk management.https://kwantis.com/https://kwantis.com/2026/07/07/kwantis-to-deliver-well-integrity-and-risk-assessment-for-major-carbon-capture-and-storage-project/https://kwantis.com/2026/07/07/kwantis-to-deliver-well-integrity-and-risk-assessment-for-major-carbon-capture-and-storage-project/Kwantis has launched a new project providing technical expertise and risk management support for the assessment phase of a major Carbon Capture and Storage (CCS) initiative in the North Sea. Well Integrity and Risk Assessment The project focuses on conducting a comprehensive Well Integrity Assessment and an updated Well Risk Assessment for a cluster of wells.Tue, 07 Jul 2026 08:00:19 GMThttps://kwantis.com/2026/05/27/kwantis-deploys-prm-framework-for-thermoelectric-power-plant-modernization/https://kwantis.com/2026/05/27/kwantis-deploys-prm-framework-for-thermoelectric-power-plant-modernization/Kwantis is conducting a Qualitative & Quantitative Risk Assessment for the upcoming technological upgrade of a thermoelectric power plant. The objective is not only to identify technical and operational risks, but also to establish a traceable assessment process that captures uncertainties associated with each risk in order to support cost and schedule evaluations across different confidence…Wed, 27 May 2026 07:27:33 GMThttps://kwantis.com/2025/02/05/kwantis-performs-risk-assessment-for-a-pumped-storage-hydropower-psp-project/https://kwantis.com/2025/02/05/kwantis-performs-risk-assessment-for-a-pumped-storage-hydropower-psp-project/Kwantis is supporting a leading energy company in its Project Risk Management (PRM) process by conducting a comprehensive risk analysis for a pumped storage hydropower (PSP) project. This initiative aims to double the current energy generation capacity while significantly increasing storage, ensuring greater clean energy flexibility and security by 2030.Wed, 05 Feb 2025 09:45:14 GMThttps://kwantis.com/2024/09/26/esg-risk-assessment-for-a-leading-construction-company/https://kwantis.com/2024/09/26/esg-risk-assessment-for-a-leading-construction-company/Kwantis has launched a new project for an international player in the engineering, general contracting and project development sectors. By embedding ESG risk management within the corporate structure, the company can improve decision-making processes, ensure regulatory compliance, and strengthen its overall risk resilience.Thu, 26 Sep 2024 08:24:48 GMThttps://kwantis.com/2022/10/27/project-risk-management-process-for-energy-projects/https://kwantis.com/2022/10/27/project-risk-management-process-for-energy-projects/Kwantis supported the engineering department of an important energy group in defining a complete risk assessment process to better estimate project risks and allocate resources. After a comprehensive gap analysis, we defined the new organization, the process and the tools to properly address project uncertainties but avoiding overcomplexity.Thu, 27 Oct 2022 07:00:00 GMThttps://kwantis.com/2022/10/06/human-errors-risk-assessment-for-well-operations/https://kwantis.com/2022/10/06/human-errors-risk-assessment-for-well-operations/International Oil Gas Producers statistics state that human errors are the top contributors to many incidents, accounting up to 80% of causes of loss of well control. Assessing human error probabilities is noted to be a hard area to tackle, and margins of improvement can be significative.Thu, 06 Oct 2022 05:23:00 GMThttps://kwantis.com/2022/09/29/new-version-of-riskturn/https://kwantis.com/2022/09/29/new-version-of-riskturn/The new version of RISKTURN, kwantis and Techedge financial management software, has just been released. One of the main upgrade is the new Landing Page, a brand new graphic about the duality of Riskturn environment, composed by the Configuration, where the user defines the structure of the financial model, and the Analysis, where the model is populated with real data.Thu, 29 Sep 2022 07:33:56 GMThttps://kwantis.com/2022/02/02/hse-risk-reduction/https://kwantis.com/2022/02/02/hse-risk-reduction/Kwantis recently developed a risk assessment for a major oil company with the objective to measure HSE risk reduction given by the application of K-BOS technology. The Kinetic Blow Out Stopper (K-BOS) is an electrically initiated, pyro-mechanical gate valve which performs the critical function of shearing and sealing during drilling, completions and intervention well control operations.Wed, 02 Feb 2022 09:54:30 GMThttps://kwantis.com/2022/01/19/quantitative-risk-assessment-2/https://kwantis.com/2022/01/19/quantitative-risk-assessment-2/kwantis is supporting the proposal department of an important EPC contractor with a quantitative risk assessment to include project risks in the bidding price. The approach has been applied for an international tender for the construction of a group of offices and conference buildings.Wed, 19 Jan 2022 10:09:36 GMThttps://kwantis.com/2021/11/29/esg-risk-management-energy-transition-forecasts/https://kwantis.com/2021/11/29/esg-risk-management-energy-transition-forecasts/Recent business trends have proven that companies are growing more and more keen on assessing their Environmental, Social & Governmenet (ESG) risks. However, there is a lack on the market of tools that address ESG quantitatively.Mon, 29 Nov 2021 10:28:32 GMThttps://kwantis.com/2021/11/03/riskturn-3-0/https://kwantis.com/2021/11/03/riskturn-3-0/Riskturn 3.0 comes with a new feature. Now it is possible to enter macroeconomic scenarios for your models. They can be used for what-if analysis or as risked variables for Monte Carlo simulations. You can also integrate different scenarios in your portfolio analysis.Wed, 03 Nov 2021 08:37:00 GMThttps://kwantis.com/2021/10/05/portfolio-management/https://kwantis.com/2021/10/05/portfolio-management/Riskturn has released a new feature that integrates Monte Carlo simulations to Portfolio Management. You can now create portfolio models and consolidate assets. With Monte Carlo simulations it is possible to calculate future trends of Portfolio KPIs, such as ROI and IRR. Visit the website to learn more on www.riskturn.comTue, 05 Oct 2021 06:46:14 GMT