SAIB Held Seminar on Offshore Oil and Gas Insurance

On 26th October 2011, Sinopec Shanghai Offshore Petroleum Bureau, SAIB and PICC held a seminar on offshore oil and gas insurance collectively at Pudong Sunshine Hotel. The seminar was attended by leaders from Sinopec Shanghai Offshore Petroleum Bureau, Wang Chengbao, deputy general manager of SAIB, Harvey Ho, senior consultant of SAIB, staff of customer service department of SAIB and related staff from PICC. At the seminar, SAIB introduced P&I insurance for Mobile Offshore Unit, construction all risks insurance for offshore oil and gas field and the function of insurance brokers and summarized recent insurance services. PICC introduced the latest trend of international energy market, operator extra expense insurance and builders’ risks insurance. The leader of Sinopec Shanghai Offshore Petroleum Bureau thought highly of the seminar and hoped SAIB and PICC go on providing professional services.