Case Study: Shell improves safety and reduces risk with Prometheus Group's RiskPoynt

Royal Dutch Shell Improves Safety and Increases Savings With RiskPoynt

Royal Dutch Shell (BG Group), an oil and gas company, needed to address regulatory questions about how it assessed cumulative risk and demonstrated control of its assets. Their challenges included improving the identification of interrelated failures, gaining an easy-to-understand visual overview of organizational risk, and communicating that risk effectively. They partnered with the vendor Prometheus Group to implement its RiskPoynt software to meet these challenges.

Prometheus Group's solution automated the company's manual risk assessment process, integrating RiskPoynt with its global work management systems to provide a real-time, visual dashboard. The results included an improved risk management process that adheres to industry standards, increased visibility of risk for senior management, and more open discussions about safety. This led to a measurable reduction in both the loss of production and the cost of reporting.

Shell