Insight and Intelligence on the Global Facultative Markets

19 May 2012

Petrobras accident to cost offshore energy market $147mn

23 May 2011

An accident involving a Petrobras-owned oil and gas vessel in the Gulf of Mexico looks set to land the offshore energy market with a fresh $147mn claim, Inside FAC understands.

Willis is understood to broker the insurance cover for the BW Pioneer, with Watkins Syndicate at Lloyd's leading the placement.

According to reports, earlier this month one of the buoyancy cans broke off one of the tubes connecting the oil and gas wells on the ocean floor with the BW...

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