Oil & Gas / Energy

A practical map from operating exposure to policy, wording, claim, and risk-control decisions.

Key risks

Fire and explosion
Pollution
Machinery breakdown
Business interruption
Marine and geopolitical risk

Recommended policies

Energy Property
Business Interruption
Control of Well
Liability
Marine Cargo
Political Violence / War

Critical extensions

Operator's extra expense
Contingent BI
Pollution buy-back
Machinery breakdown
Debris removal

Common gaps

Large deductibles and sublimits
Sanctions restrictions
Aging assets
Interdependency not modelled

Typical claims

Process fire
Pipeline damage
Critical compressor failure
Hormuz transit disruption

Risk-management advice

Maintain asset-integrity evidence
Model maximum foreseeable loss
Map critical spares and suppliers
Review sanctions and war-risk terms

This is a general industry map, not a recommendation for a particular business. Requirements may depend on contracts, activities, locations, values, law, risk appetite, and complete policy wording.