Welcome to Al Wathba’s Oil & Energy Insurance Section on the web. AWNIC offers insurance covers for Oil & Energy related risks during construction as well as for operational risks.
The risks associated with energy insurance include prospecting and exploration for oil, production, storage and transportation of crude to the markets, and risks linked to downstream activities such as refining, storage, transportation and marketing of refined petroleum products and associated gas derivatives.
The majority of risks associated with energy related activities especially those arising from prospecting, production, refining and marketing are insurable although some of the risks like failure to find oil or fall in oil prices are not insurable.
For further information, please call us on Telephone or ask for a Call Back.