Power engineering risks

Considerable growth of high-value projects related to the development of the continental shelf, SOGAZ JSC, in cooperation with the largest Russian insurance brokers, has the opportunity to offer insurance products that are unique for the Russian market for insurance of assets, drilling operations and liability of owners of floating drilling units and stationary platforms for offshore exploration and production of hydrocarbons at the operational stage, as well as at the construction stage, protected by reinsurance in top-rated companies of the insurance market.

Covered classes of business:

• well control risks;
• drilling equipment;
• risks of drilling platforms, pipelines in the construction and operational phases;
• onshore CAR/EAR.

Limit (capacity) of reinsurance coverage:

• Energy Treaty: 37 mln  eur;
• Upstream Facility: 1.25 billion usd for each declaration.