Managing the Risk of Offshore Oil and Gas Accidents
Show Less

Managing the Risk of Offshore Oil and Gas Accidents

The International Legal Dimension

Edited by Günther Handl and Kristoffer Svendsen

This book addresses the international legal dimension of the management of the risk of accidents associated with offshore oil and gas activities. It focuses on the prevention and minimization of harm as well as the post-accident management of loss through liability and compensation arrangements and the processing of mass claims for compensation. Government officials of countries with offshore industries, international civil servants and academics in related fields will find the book a valuable resource.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 9: The role of insurance in offshore oil and gas operations

Özlem Gürses


On the commercial side of offshore oil and gas operations, the number of different parties involved is vast. Thus, different types of contracts, made by different parties, concern different phases of the operations which, in the end, produce the oil or gas ready to be distributed. Given the nature of the business, the risk of harm to either people, properties or to the environment is very high. As is almost always the case, the insurance of the different interests and liabilities involved in such operations plays a crucial role in these activities. This chapter provides an overview of the types of insurance taken out in respect of the operation of offshore oil and gas installations by highlighting the features of those contracts that are specific to such operations.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.