- Country: Nigeria
- Summary: Provision of Energy Insurance Package for NNPC/First E& P JV Operations
- NGT Ref No: 60034385
- Deadline: 07 Dec 2021
- Financier: Self Financed
- Purchaser Ownership: Government
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: 1000005576
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- Description:
- Tenders are invited for Provision of Energy Insurance Package for NNPC/First E& P JV Operations. SCOPE OF WORK/SERVICE REQUIREMENT Energy Insurance Package. The NNPC/FIRST E&P JV OML 83 & OML 85 Assets. Insurance would cover Physical Damage to offshore and onshore property and equipment, Operators Extra Expenses, and General Third-Party Liability. The Insurer shall retain a minimum of 70 percent of the risk in Nigeria and re-insure the excess capacity with leading Foreign Reinsurer (with A+ rating by S & P/ A- rating by Moody-s). The Insurer will liaise with the appointed international re-insurance Broker to administer placement of the risk in the international insurance market. The insurer will also handle policy and claims administration.
- Documents:
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CLICK HERE TO LOGINProvision of Energy Insurance Package for NNPC/First E& P JV Operations - Nigeria Tender
The FIRST EXPLORATION & PETROLEUM DEVELOPMENT COMPANY LIMITED, a Government sector organization in Nigeria, has announced a new tender for Provision of Energy Insurance Package for NNPC/First E& P JV Operations. This tender is published on NigeriaTenders under NGT Ref No: 60034385 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2021-12-07.
The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.
