Issues for discussion:
• Unfamiliar issues with familiar knock-for-knock provisions – e.g.:
o How “total” in coverage is the common knock—for knock model?
o Are salvage costs caught or not?
o Is “in any circumstances” as wide as it sounds and, if not, where is the line now drawn?
• Consequential Loss: Where are we now?
o A consideration of the effect of recent judgments on the meaning of consequential loss, and what such losses might be in the context of offshore E&P operations.
• Insuring offshore drilling, production & decommissioning operations
o Providing an overview of the insurances which respond to offshore risks, involving both traditional operations and also the more novel ones now encountered in an era of decommissioning.