The Study Of Offshore Drilling Units Insurance

As the offshore oil exploration and exploitation (O.O.E.E) develop fast, the insurance that related to this subject has come to be real important. In China, the industry of O.O.E.E started late, but develops rapidly, and the insurance of it is a unite and professional insurance that ensures for the whole process of O.O.E.E work.This paper starts with the introduction, it tells that due to the rapid development of O.O.E.E, the insurance of it came to exist and the insurance of O.O.E.E is a kind of marine insurance. While the next part of this paper, comes to the analysation of Fixed Platform Insurance and Mobile Drilling Units Insurance, and combined with Platform Form All Risks and Drilling Barge Insurance All Risks of PICC as well. At the end of this paper, the author offers some of his advice about modify Marine Law and PICC clauses.