Oil, gas and petrochemical-related incidents are some of the most complex non-marine claims. Sophisticated production processes and highly flammable substances are a recipe for high value losses resulting from significant fire and explosion events. Danger from vapour cloud explosion is particularly serious in petrochemical facilities. When incidents occur, the interconnected structure of processing units makes plants highly vulnerable to production downtime and business interruption.
Integra has in-depth experience of fast-tracking challenging, high-value claims in this sector, including billion-dollar losses on behalf of OPEC governments and multi-national corporations. We are well versed in refining and petrochemical technologies and next-generation chemical processes and catalysts. This helps us to quickly address technical and operational issues on the ground and streamline the scoping of repairs, assessment of business interruption and mitigation of cost.
Close working relationships with leading consultants in materials analysis, process engineering, linear programming and petro-economics enable us to deliver an integrated, multi-skilled team and engage the insured at every level.
Claims experience
- Refinery Explosions – Russia
- Petrochemical cooling water system failure, Map Ta Phut, Thailand
- Petrochemical Facility Explosion – Germany
- Oman, petrochemical, EAR LEG2/96, USD 490 million
- Kuwait, ethylene glycol unit, fire, USD 117 million
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