Oil drilling disposal transportation company

03 Jun 2021

Oil drilling disposal transportation company


The types of petroleum insurance policies vary according to the stages of oil production. Some of them are related to research, prospecting or exploration activities, such as securing onshore and offshore drilling rigs and securing drilling wells on land and at sea. There are also documents related to projects to construct oil production facilities on land or at sea, such as securing construction projects Onshore and offshore pipelines, construction of offshore production docks or platforms, installation of production equipment for the extraction of crude oil from wells, as well as construction of primary processing equipment; Where the removal and disposal of salts, sulfur, water and gases associated with petroleum.


There are insurance policies for exploration and exploration, and others for production and operation


There are also petroleum insurance documents related to the stage of starting production and extraction from wells by land or sea after the completion of the construction operations, which are the documents of the operating stage such as the document of all physical risks, and the document of insurance costs for controlling costs in wells, Cost Of Well Control Policy, and these documents differ from each other. Production for export without extracting its derivatives - i.e. primary treatment only. The document is limited to securing production devices installed on the well, pipelines, storage tanks, desalination devices, water and gas treatment. In the case of processing crude oil to extract its derivatives, there are separate insurance policies to cover the so-called oil refinery. Which produces jet fuel and high-octane 95, 92 and 80 gasoline, then diesel, naphtha, kerosene, and mazone, which is used in road paving work, or the operation of some power plants.


Insurance covers petroleum service companies


There are also petroleum insurance policies related to petroleum service companies, which provide many and varied services to production companies such as maintenance services for extraction equipment, well maintenance, inventory measurement services, supply of clay and auxiliary devices during drilling, inspection and testing of pipes, cement services, paving roads for the excavator, rental of marine units and others. .


The documents cover oil and liquefied gas transportation operations


As for the phase of transporting oil and liquefied gas (LNG) internally or between countries, there are petroleum insurance documents for this phase, which are documents for securing marine oil shipments specialized for transporting crude oil by sea through tankers, or the so-called LNG Ships, and transporting liquefied gas by spherical tanks to the importing countries.


Coverage extends to petroleum gases such as butane and propane


There are petrochemical industry insurance documents, where oil may accompany the exit of gases and name petroleum gases such as propane and butane (butane), and they differ in their composition and uses. In the past, before discovering the importance of gas, petroleum gases were disposed of by establishing a pipeline that is ignited to get rid of gas We see them in the form of torches on land and at sea and they are called Flares, and for onshore drilling units, they are insured according to the terms of All Risks Oil & Gas Drilling Equipment Form (land).


Use of English documents to secure drilling units


The drilling units are insured according to the British market's all-risks insurance model for land and sea rigs, which is common worldwide. The drilling units are covered during transportation and re-installation from one site to another, during the drilling process and during storage in the event of non-operation; Because it may be stored for the purpose of repairing an accident.

All machines of lifting motors, iron wires, the excavator body, the rotating motor, the metal bracket that ends with the drilling crystals (drilling arm), and the BOP preventer, which is required to be installed on the excavator, are provided to control and resist the amount of pressure resulting from the drilling and coming from the ground, the pipes of the girl and the tank of the girl.

And during Mud Drilling drilling operations, this is secured against the dangers of explosion, fire and damage resulting from the force of the oil flow at the time of the explosion, and the explosion of the well may be accompanied or not accompanied by fire or damage to the driller, as a result of external factors such as natural phenomena.