Oil and Gas Insurance

 

The insurance in this program is compiled on the risk arises mainly from petroleum-related assets including onshore & offshore property bleak oil refineries,

building liquefied Natural Gas/ Liquefied Petroleum Gas and or any matter relating to oil and gas and petrochemical industry is operating, such as:

 

OFFSHORE PHYSICAL DAMAGE & WELL CONTROL INSURANCE

Covering loss and/or damage in drilling operations, including physical damage to assets offshore (platforms and drilling costs reintroduction). Guarantee on the program is designed for risks arising from the petroleum-related assets such as drilling rigs, offshore storage/processing facilities equipment or other

equipment complement and associated with oil and or gas or geothermal drilling (Drilling Geothermal).

 

OFFSHORE RIG INSURANCE

Covering loss and/or damage to offshore drilling rigs and equipment used for exploration and exploitation projects.

 

PROPERTY UNDER CONSTRUCTION / BUILDER RISK INSURANCE

Some contractors take Offshore Builder's Risk Insurance to cover the risks of the property during offshore construction. Assurance on this type of

project will be done with Offshore Construction Policy or Construction Builder's Risk Policy.

 

LAND RIG INSURANCE

Covering loss and/or damage to land rigs and other support equipment for onshore exploration and exploitation drilling.

 

LOSS DOWN HOLE INSURANCE

Covering loss and/or damage and/or lost equipments used during the drilling operation.