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Oil and Energy Insurance

Oil , Gas& related industries insurances considered a high risky lines of Professional business ever that dealing with flammable materials always needs more caring and cope with the international safety measurements and industry codes .

Energy is a very expensive industry , So it needs a specialized and unique Insurance protection and different types of Cover’s and services for petroleum companies by providing a set of Policies that meet all our clients requirements.

Oil Insurance Programs

Covers are divided into three main categories :
  • Up stream :- ( Exploration ,Development , Off shore production Platforms, Pipelines , MODU, MOPU,S’LAY Well’s, Drilling ship’s , Tug’s , Oceangoing Tanker’s,Flowlines Barge’s ,Sea Bed Equipment ).
  • Medstream :- ( Loading / Off loading Terminals , Sea Berth , LNG Arm’s , Jetties ,SBM ).
  • Downstream :- ( Refining , Wells , Pipelines , Processing Facilities , Petrochemicals Industries, Land Rig’s ,Tanks , Production Equipment, Flare’s , Pumping Station’s ,ESKADA ,LPG/LNG Industries, Gas Net Work ) .

IN addition to the Engineering Projectsperformed off and on shore to construct Oil .& Gas Treatment & Production Facilities

Plusmany Oil and Gas services companies .

Insurance for all oil, gas and energy projects, whether on land or at sea.

This includes the construction of docks, laying pipelines, and the construction of power plants from gas (new energy), wind energy, solar energy, and hydro energy (Renewable and Clean Energy – Sustainable Energy Development ).

Profession :

The company is providing Insurance Professionalservices in Petroleum and Energy insurance activities, utilizing its specialized administrative elements, expertise, and experiences in this field. This enables the Professional Oil Underwriter’s to study, analyze, and underwrite various risks in the new and renewable Energy sector, as well as associated industries such as refining, petrochemicals, and fertilizers that use natural gas in its manufacturing processes and others.

Oil Policies :

The company can provide insurance quotes in the following areas :

  • Insurancefor :
    1. All types of properties related to Oil, Gas and Energy activities, whether on land, at sea or near the shore.
    2. This includes extraction equipment, pipelines, oil and gas storage tanks, shipping docks, loading equipment, offshore production platforms and all types, diameters and lengths of offshore pipelines.
    3. It also covers deep water extraction equipment, floating storage and loading terminals and pretreatment operations to dispose of water, sulfur and salts.
    4. Additionally, it includes coverage of natural gas (methane and ethane) or petroleum gas (propane and butane) pipelines, SCADA control systems, pressure reduction and processing plants, ball/sphere tanks, gas condensate and gas blending industries.
  • Insurance for Exploration and Development , Control of Well’s Off and On Shore activities
  • Insurance for all types of onshore and offshore Drilling Units &Equipment , such as cranes, drilling vessels, floating rigs, barges, Jack Up’s and marine liabilities related to protection and Indemnity .
  • Insurancefor Seismic survey operations (3D and 4D..) , and All Logistic , Field’s Services Contractor’s and Subcontractor’s .
  • Bulk Oil / LNG Transportation ON GOING Tanker’s .
  • Securing the legal liability for pollution resulting from accidents, as well as the liability incurred by contractors and petroleum service companies.