OIL & GAS (ENERGY) INSURANCE
We formulate, craft programs and placement of all segments of insurance and reinsurance policies that cover Energy Upstream and Downstream activities – Offshore and Onshore locations. These encompass:
UPSTREAM ENERGY INSURANCE
- Seismic Surveys
- Mobile Offshore Drilling Units (MODUs)
- Energy Exploration & Development/Operators’ Extra Expenses (EED/OEE)
- Incorporating Control of Well/Relief Wells/Re-Drilling Expenses & Seepage/Pollution/Clean-Up/Contamination Expenses; and Evacuation Expenses
- Construction
- Incorporating Engineering Design & Project Management, Procurement, Fabrication, Load out, Storage, Towage, Pipe-Laying, Hook-Up, Testing, Commissioning and De-Commissioning
- Operational Package
- Incorporating Property such as Umbilicals, Risers and other sub-sea architecture, FPSO, Pipelines, Oil & Gas in Store; EED/OEE; Loss of Production Income; General Third Party Liability.
DOWNSTREAM ENERGY INSURANCE
- Construction/Erection
- Petroleum Refineries
- Petrochemical Plants
- LNG/LPG Complexes
- Gas Treatment Plants
- Retail Outlets
- Power Stations
- Jetties
- Product Storage (Tanks Farms and Underground caverns)
- Product Pipelines
- Terminals