Insurance requirements for drilling operations


Insurance requirements for drilling operations

The arrangement of insurance should be ascertained whether

- There is any particular insurance legislation in force in the country of operations; and if so, to what extent such legislation may affect the usual insurance programme.

- The Company already carries insurances which could be extended to the new venture.

- If one or more partners is/are involved in the venture, it should be checked whether there are any special insurance requirements which need to be taken into account.
1 Drilling operations insurance (on- and offshore)
Most of the operational insurances will be carried by the . . .

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