The insurance contracts for oil risks, sometimes referred to as "energy packages", concern the risks of the exploitation of hydrocarbon deposits, including research (exploration), exploitation, production and sale of hydrocarbonsand possibly similar and related products.
Guarantees relate to losses and / or damage to oil, gas and water wells as a result of any activities, interventions or works for those wells as well as any loss or damage to third parties arising directly or indirectly from the situation of all wells and / or because of any activities, interventions or work on these wells:
- During drilling, deepening, side-track, maintenance or completion work and / or repackaging until completion or abandonment.
- In the course of production of oil or gas, by eruption ..
- In the course of work over
- Producers of water
The guarantees of these wells extend to the following conditions:
- Insurance of the control of Well
- Reforging and / or re-production costs insurance (Redrilling / Extra Expense)
- Underground control of well
- Insurance Pollution, leaks and cleaning fees
- Well Safety Insurance
- Equipment & Materials Insurance -