Previously entitled 'Offshore Oil & Gas Insurance', this new edition of the comprehensive study of offshore energy insurance, describing latest developments of the business and explaining the coverages customarily purchased by oil companies.
David Sharp has been in the marine and offshore insurance industry for 45 years during which time he has worked variously at Willis, Sedgwick, Marsh, Charles Taylor and AAA Insurance. During his career David has worked upon some of the largest placements, including the Australian North West Shelf project and numereous others. David established and tutors a number of energy specific training courses in conjunction with the UK Chartered Insurance Institute.
Author: David Sharp
ISBN: 10: 1856093514 ISBN 13: 9781856093514
Published: Nov 2008
Binding Format: Hardback
CONTENTS
1. History and Development of the Offshore Insurance Market
2. Exploration 1 – Background
3. Exploration 2 – Insurances on Mobile Offshore Drilling Units (MODUs)
4. Exploration 3 – Control of Well Insurance
5. Offshore Construction (1)
6. Offshore Construction (2) – Essential Principles
7. Offshore Construction (3) – WELCAR 2001 Policyform – General Conditions and Physical Damage
8. Offshore Construction (4) – WELCAR 2001 Policy Form – Terms and Conditions for Section 1
9. Offshore Construction (5) - WELCAR Form – Section II (Liabilities)
10. Operating Insurance 1 – Principal Considerations
11. Operating Insurance 2 – Physical Damage Wordings
12. Operating Insurance – (A) FPSO and Contractors’ Vessels, Pipelines and Onshore Land Rigs and Equipment
13. Business Interruption, Delay in Start-up and Loss of Hire
14. Offshore Liability Risks
15. Pollution Insurance
16. The Mutual Entities – Oiland Ocil513
17. War, Terrorists and Political Risk
18. Decommissioning and Abandonment
Appendix
A. WELCAR 2001
B. Energy Exploration and Development Insurance
C. London Standard Platform Form
D. London Market Offshore Mobile Unit Form
E. Loss of Production Income
F. Excess Liability Claims Made Policy – LSW 244
G. Oil and Gas Well Drilling Tools Floater Form (All Risks)
H. Offshore Facilities Limited Terrorist Cover, Form 2
Index