What the programme should address

Property and machinery

Processing assets, pipelines, terminals and equipment.

Control of well

Well control, redrilling and related response costs.

Energy liability

Third-party injury, pollution and contractual exposure.

Business interruption

Production loss and additional operating expense.

Risk review priorities

• Define asset values and production dependencies.
• Model fire, explosion and well-control scenarios.
• Assess corrosion, integrity and maintenance systems.
• Review contractor responsibilities and mutual indemnities.
• Plan access, spares and emergency response.

Scenarios to test

1. A processing-unit fire stops production.
2. A well-control event requires specialist intervention.
3. Pipeline damage interrupts export capacity.
4. A contractor event creates pollution and liability claims.

For each scenario, identify the affected policy, trigger, deductible, sublimit, waiting period, recovery time and uninsured amount. Treat any gap as an explicit retained risk rather than an assumption.

How Kompetenz supports the placement

We translate operational and contractual information into a structured insurance submission, compare policy wording across markets and help establish a claims-ready programme with clear responsibilities.

Conclusion

Energy insurance performs best when engineering evidence, contractual allocation and business interruption modelling are developed together.

Next step: Request a tailored Business insurance review from Kompetenz.