When the Platform Burns - Coordinating Project, Insurance, and Reinsurance
Article from: OGEL 3 (2026), in Health & Safety
Executive Summary
A major offshore energy casualty rarely produces a single dispute. One physical occurrence - a platform fire, a dropped heavy lift, a well-control incident - generates project and maritime claims, several partially overlapping towers of insurance coverage disputes, and reinsurance proceedings behind them. Because the governing arbitration clauses are drafted in different transactions, by different participants, under different institutional and specialist frameworks, individually rational proceedings become collectively incoherent. Tribunals are constituted under incompatible ...
