Marine Insurance – Offshore Energy

• Energy assess damage from Sally; TS Beta now a threat September 21, 2020
  Energy producers in the Gulf of Mexico and exporters onshore were assessing the damage caused by Hurricane Sally, whose main impact was via torrents of water on land because it was particularly .....
• IUMI 2020: Covid-19 causes offshore survey difficulties; is remote the answer? September 18, 2020
  Two of the speakers at the Offshore Energy Workshop for this year's online Offshore Energy Workshop, moderated by James McDonald, head of energy at Sompo International in London and chair of ....
• IUMI 2020: Covid-19 hits offshore energy insurance, but market is beginning to harden September 18, 2020
  The offshore energy insurance sector had been affected by the decline in the oil price, which, despite its recovery since the lows of earlier in the year, was still some 25% below the level ....
• International strain continues over Turkish Eastern Med energy operations September 18, 2020
  Greece’s Prime Minister Kyriakos Mitsotakis said on Wednesday September 16th that he was concerned by Turkey’s decision to extend the operation of its Yavuz energy drill ship Oruc Reis in ....
• Hurricane Sally makes landfall in Alabama as a cat 2 September 17, 2020
  Major shipping areas were missed by Hurricane Sally, which made a slow-moving landfall as a category 2 hurricane yesterday morning. However, some towns that are home to leisure boats could ....
• Shutdown as Sally approaches landfall in Gulf of Mexico September 16, 2020
  Refiners and offshore producers have been shutting up shop ahead of landfall by the slow-moving Hurricane Sally. More than 20% of US offshore oil production, 396,000 bpd, was shut ....
• IUMI 2020: Signs of recovery in 2019, but Covid-19 left everything in state of uncertainty: Seltmann September 16, 2020
  In her presentation to IUMI at the online conference being held instead of the scheduled face to face meeting in Stockholm, Astrid Seltmann, vice-chair and analyst/actuary at CEFOR, said that .....
• Sally brings threat of storm surges to US Gulf Coast September 15, 2020
  Tropical Storm Sally strengthened off the west coast of Florida on Sunday and was poised to become a hurricane the National Hurricane Centre (NHC) said on Sunday September 13th .....
• GoM oil production still not fully back on stream after Hurricane Laura September 4, 2020
  Nearly a third of oil production and a quarter of natural gas production in the US Gulf of Mexico remained shut-midweek as a result of Hurricane Laura, the US Bureau of Safety and Environmental ....
• Turkey continues pressure in energy exploration dispute September 3, 2020
  Turkey said on Monday August 31st that its Oruc Reis exploration vessel would be carrying out seismic surveys in the Eastern Mediterranean until September 12th. It had previously been ....