Oil & Gas Energy Insurance in Iran: Upstream, Midstream, Downstream
Energy Insurance Coverage in Iran: Upstream to Downstream Operations
We provide specialized Energy Insurance Coverage for the entire value chain—upstream, midstream, and downstream operations and assets in Iran. Our bespoke policies ensure maximum financial protection against the unique and catastrophic risks faced by the oil, gas, and petrochemical sectors.
Asset and Operational Segments Covered
1. Upstream Industries (Exploration & Production)
Protecting the critical start of the energy lifecycle:
- Assets and operations of exploration, development and production (offshore and onshore)
- Production platforms
- Mobile offshore drilling units (Rig insurance) (Learn More)
- Floating production storage off-loading units (FPSOs)
- Offshore construction activities
2. Midstream Industries (Transportation & Storage)
Securing logistics and distribution infrastructure:
- Transportation by pipeline or vessel
- Gathering, separation, and storage of crude oil and products
3. Downstream Industries (Refining & Processing)
Protecting high-value processing facilities:
- Refineries
- Petrochemicals and chemical plants
- Gas works
- Terminals and tank farms
- Underground storage
- Chemical fertilizer plants
Comprehensive Insurance Coverage Options
Insurance coverage for these energy assets and operations includes:
- Onshore Property, including equipment coverage (See Onshore Energy)
- Offshore Property, including rig physical damage and offshore construction (See Rig Insurance)
- Construction Coverage for onshore energy projects, including Erection All Risk (EAR) (Apply for EAR), Contractors’ All Risk (CAR), Machinery’s Breakdown (MB), and more.
- Business Interruption (Loss of Profits)
- Control of Well/Operators Extra Expense Costs/Re-drill/Pollution
- Comprehensive General Liability (CGL) (View Liability)
- Hull and machinery for wellhead equipment
- Engineering coverage of construction, commission and operation of Power plants (Gas, Combined Cycle, wind farms and solar)
- Package Options, including Boiler and machinery, Cargo in transit (See Cargo), Project Cargo, Contractors equipment, Extra expense, and Third party liability.
Contact us today to tailor a robust insurance solution for your complex Iranian energy assets.