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Offshore Decommissioning Insurance—Are You Ready?

The challenges faced by the oil & gas industry, in relation to the decommissioning of offshore platforms, once again offers the insurance industry the opportunity to respond to an emerging risk category.

Worldwide, many oil & gas fields are reaching the end of their productive life. In the years ahead, a significant number of offshore platforms and associated property will be decommissioned. Increasingly, legislation requires the dismantling and removal of such decommissioned property.

During our recent Decommissioning Conference Willis Energy, in conjunction with leading industry experts, analysed the issues relating to the decommissioning of offshore platforms and associated property. A video of the full Decommissioning Conference can be accessed by opening the following link.

For full details regarding the range of Offshore Decommissioning Insurance solutions and risk analysis tools available from Willis Energy please contact David Hallows, Robert Choppen or Paul Braddock in our London office.

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