Losses in downstream oil refineries often result in serious financial losses, with claims potentially generated at over US$800mn in especially large claims. The cause of these losses varies, but can include fires and explosion, machinery breakdown, complications developed from corrosion, and other issues.
Most losses occur during critical phases, such as during plant start-up or shut-down. These losses can result from many different root causes, and identifying the source of the loss becomes vital in order to establish liability.
This webinar looks at the investigative techniques used in order to determine the root cause of incidents, in addition to looking at common causes of losses in oil & gas refineries.
