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Keith Broughton

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Page 1: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Keith Broughton

Page 2: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 3: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Risk Analysis for Subsea Equipment

An in-depth look into the types of equipment operating from vessels, especially in support of the Oil & Gas Industry, and which insurance covers, or combination of covers, are deemed most appropriate for physical damage on the equipment. Examples of the type of equipment will include, but not be limited to:

* Seismic Streamers

* Remotely Operated Vehicles (ROVs)

* Autonomous Underwater Vehicles (AUVs)

* Diving Equipment

The talk will specifically look at the form of the equipment, the function of the equipment, the various perils that the equipment will encounter and how the physical damage insurance relates to the other types of cover required.

Page 4: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Keith Broughton

Page 5: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 6: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

The Aim

Page 7: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

The Aim

Page 8: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Thus

What are we insuring?

What are the perils we are insuring against?

What other influences must we consider?

Page 9: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 10: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Descriptions

* Seismic Streamer

* Remotely Operated Vehicles (ROVs)

* Autonomous Underwater Vehicles (AUVs)

* Diving Equipment

Page 11: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Seismic Streamer

Picture courtesy of PGS. All rights reserved.

Page 12: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Seismic Streamer

Picture courtesy of PGS. All rights reserved.

Page 13: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 14: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

ROVs

Page 15: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

ROVs

Page 16: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

ROVs

Page 17: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 18: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Plough

Page 19: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 20: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

AUVs

Page 21: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

AUVs

Page 22: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Thus

What are we insuring?

Page 23: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 24: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Specifically

What are we NOT insuring?

Page 25: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Cargo

Page 26: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 27: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Perils

Page 28: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Perils

Page 29: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Perils

Page 30: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Perils

Page 31: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Perils

Page 32: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 33: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 34: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 35: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Tether Mgt System

Page 36: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 37: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Perils

Page 38: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 39: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 40: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Other Factors

Page 41: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 42: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Conclusion

• What we are insuring

• The best Form on which to insure the equipment

• The correct Liability

Page 43: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 44: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

Page 45: Keith Broughton. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the

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