Oil and Gas

Marsh’s specialists have extensive experience helping upstream, midstream, and downstream companies develop solutions mitigate complex and volatile challenges.

Even as the world's largest economies transition to renewable energy sources, global demand for oil and gas remains high. Whether through the production of fuels for every form of transportation, heating for millions of homes, fuel for electricity generation supplying billions of people worldwide, or for consumer products plastics, the oil and gas sector remains foundational to many economies and industries.

Upstream and downstream oil and gas companies often operate in challenging locations with exposure to a multitude of natural hazards. Volatility in pricing and risk severity, evolving regulations, and environmental risks make day-to-day operations even more difficult.

Managing and mitigating risks in oil and gas businesses like yours remains critical. Our team of risk specialists has a deep understanding of those risks, and our knowledge, client focus, and innovative risk transfer and mitigation solutions can help you manage your risks.

Expertise

Casualty Insurance

24/08/2021

Property Risk Management

29/07/2021

Two Heavy Industry Engineers Walking Inside Pipe, Use Laptop, Have Discussion, Checking Design. Construction of the Oil, Natural Gas and Biofuels Transport Pipeline. Industrial Manufacturing Factory

Expertise

Risk Engineering

12/08/2021

Product,Expertise

Directors and Officers Liability (D&O)

26/08/2021

Stock exchange market or forex trading graph analysis investment indicator / Business graph charts of financial board candlestick double exposure growth economic digital display technology

Expertise

Benchmarking Services

18/09/2022

Product,Expertise

Carbon Capture and Storage Insurance

06/06/2022

Article

Mitigating risks and strengthening resilience in the LNG industry

15/11/2024

Expertise

Renewable Energy

07/11/2024

Aerial drone view of turbines at a large onshore windfarm on a green hillside

Article

Repowering UK wind turbines: Key risk considerations

03/10/2024

The concept of storing electrical energy in hydrogen by electrolysis. The system captures an electrolysis unit, storage tanks, solar and wind power plants on a lush lawn among the trees. 3d rendering

Article

Delivering on hydrogen: Transport and storage solutions

23/09/2024

FAQs

Oil and gas companies have a wide range of operations and exposures. Depending on their line of business and locations, significant risks for this sector can include:

Natural hazards and severe weather
Business interruption and supply chain challenges
Property damage
Third-party liability
Marine transportation and cargo
Workforce safety issues
Cyber

Marsh’s Energy Practice has experienced risk specialists who can help you identify, analyse, mitigate, and transfer your specific risks and exposures.

Oil and gas companies have varying risk profiles, dependent on whether they are upstream, midstream, or downstream businesses, their operating assets, and the locations of their people and property. Insurance solutions that can help companies in this sector mitigate and transfer risks include:

Property
Business interruption
General liability
Directors and officers liability
Marine
Cyber liability
Environmental liability
Political risk

Marsh’s oil and gas risk specialists have deep experience in this sector and can bring sophisticated solutions and analytics to help businesses like yours reduce risks and remain resilient.

Oil and Gas