Oil & Gas Insurance

Oil & Gas Insurance – Advanced Protection for Energy Operations

Al Baraka Takaful provides specialized, Shariah-compliant insurance solutions for the oil & gas sector, covering exploration, drilling, production, and operational risks. Our coverage helps energy companies safeguard their assets, manage complex hazards, and maintain operational continuity.

Key Coverage Options

Well Drilling Insurance

Comprehensive protection for drilling operations, covering:
Well drilling costs
Pollution liabilities
Re-drilling and recovery expenses

General Third-Party Liability

Covers legal liabilities arising from:
Accidental injuries to third parties
Damage to surrounding property
Environmental and operational incidents

All Risks Insurance for Equipment & Machinery

Protection for high-value oilfield machinery against:
Fire, explosion, and natural hazards
Mechanical/electrical breakdown
Accidental damage and operational risks
Theft and malicious damage

Who Needs Oil & Gas Insurance?

Exploration & drilling companies
Oilfield service providers
Transporters and operators of petroleum products
Refineries and energy facilities
Contractors and subcontractors in the oil & gas sector

Key Benefits

Shariah-compliant coverage tailored to the energy industry
Protection from high-severity operational risks
Strong financial capacity ensuring fast and reliable claims settlement
Specialized underwriting expertise for oil & gas operations
Flexible limits and custom coverage options based on project size
Dedicated claims support for major industrial incidents

Get Your Oil & Gas Insurance Quote

Protect your operations, equipment, and personnel with comprehensive, ethical coverage designed for Tanzania’s growing energy sector.