OIL & GAS INSURANCE

  • Home
  • OIL & GAS INSURANCE

OIL & GAS INSURANCE

The oil and gas industry operates in a high-risk environment, where even a small incident can lead to significant financial losses, environmental damage, and legal liabilities. Oil & Gas Insurance is designed to provide comprehensive protection for your assets, operations, and workforce, ensuring that your business can continue to operate smoothly even in the face of unexpected events. At Rachbuk, we understand the unique challenges of the oil and gas sector, and our tailored insurance solutions are designed to mitigate risks and safeguard your investments.

From oil rigs and pipelines to well control and pollution liabilities, our policies cover a wide range of risks, giving you peace of mind and financial security. Whether you’re an operator, contractor, or service provider, we have the expertise to provide the right coverage for your needs.

What We Offer

Oil Rigs & Platforms : Coverage for physical loss or damage to offshore and onshore drilling rigs and platforms. Pipelines & Flow Stations : Protection for pipelines, flow stations, and related infrastructure against damage or destruction. Gas Terminals & Farm Tanks : Insurance for gas processing terminals, storage tanks, and associated equipment. Operators’ Extra Expenses : Coverage for additional costs incurred due to operational interruptions or delays Well Control : Financial protection for the cost of controlling well fires, blowouts, and redrilling expenses. Oil Spillage & Pollution : Coverage for cleanup costs and third-party liabilities arising from oil spills or pollution incidents. Cryogenic Vessels – Hull : Insurance for cryogenic vessels used in the transportation and storage of liquefied natural gas (LNG). Employee Properties/Welfare Policies : Protection for employee belongings and welfare facilities. Employer Liabilities : Coverage for legal liabilities arising from workplace injuries or illnesses. Customized Coverage : Additional protections tailored to the specific needs of your operations, as desired by the operator.