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Keith Broughton. An in-depth look into the types of equipment operating from vessels, especially in support of the Oil & Gas Industry, and which insurance covers, or combination of covers, are deemed most appropriate for physical damage on the equipment.

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Presentation Transcript
risk analysis for subsea equipment

An in-depth look into the types of equipment operating from vessels, especially in support of the Oil & Gas Industry,and which insurance covers, or combination of covers, are deemed most appropriate for physical damage on the equipment.

Examples of the type of equipment will include, but not be limited to:

* Seismic Streamers

* Remotely Operated Vehicles (ROVs)

* Autonomous Underwater Vehicles (AUVs)

* Diving Equipment

The talk will specifically look at the form of the equipment, the function of the equipment, the various perils that the equipment will encounter and how the physical damage insurance relates to the other types of cover required.

Risk Analysis for Subsea Equipment

slide8

What are we insuring?

What are the perils we are insuring against?

What other influences must we consider?

Thus

descriptions

* Seismic Streamer

* Remotely Operated Vehicles (ROVs)

* Autonomous Underwater Vehicles (AUVs)

* Diving Equipment

Descriptions

seismic streamer

Seismic Streamer

Picture courtesy of PGS. All rights reserved.

seismic streamer1

Seismic Streamer

Picture courtesy of PGS. All rights reserved.

conclusion

What we are insuring

  • The best Form on which to insure the equipment
  • The correct Liability

Conclusion