Oil and Gas Insurance

Africa Gate has a strong product offering in the Oil & Gas sector offering:

–      Full Range of Upstream and Downstream Coverages
–      During exploration phase:

•       Cost of well control, re-drill, clean up costs up to an agreed limit.
•       Third Party Liability including pollution liability excess of above
•       Equipment in transit/storage

–      During field development phase – Construction All Risks Insurance (“CAR”) covering:

•       All risks of physical loss or damage to project works during project period
•       Third party liability

–      During production phase (including development drilling) Operational Insurance Package (“OIP”) covering:

•       All risks of physical loss or damage to insured assets
•       Cost of well control, re-drill, clean up costs
•       Third Party Liability including pollution liability
•       Equipment in transit/storage
•       Business Interruption/Loss of Production Income

–      Workmen’s Compensation Insurance

Africa Gate serves some of the world’s best known IOCs and their contractors and suppliers.