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The end of 2025 was a period that rocked the drilling industry in Riau. Within a short time, a fatal accident occurred in the working area of \u200b\u200bPT Pertamina Hulu Rokan (PHR), the operator of the Rokan Block.<\/span><\/p>\n On November 24, 2025, the rig’s mast structure reportedly failed during operations at Rig AU-17 in the Duri area of \u200b\u200bBengkalis Regency. One worker died and two others were seriously injured.<\/span><\/p>\n Shortly afterward, another fatal incident occurred at the Seruni-22 well in Bangko Pusako, Rokan Hilir. A floorman died after being crushed by heavy equipment during drilling operations.<\/span><\/p>\n Two incidents in a short period of time. Two lives lost. For some, this is news. For the drilling industry, it’s a wake-up call.<\/span><\/p>\n \u00a0<\/span><\/p>\n The drilling industry is one with extreme risks. High pressures, heavy equipment, complex mechanical systems, and aggressive production targets make every rig operation a combination of precision and danger.<\/span><\/p>\n The main risks in drilling operations include:<\/span><\/p>\n Masts, crown blocks, derricks, and support systems operate under high dynamic loads. Material fatigue and connection failure can lead to collapse.<\/span><\/p>\n The top drive, drawworks, mud pump, and rotary system are vital components. A sudden failure could completely halt operations.<\/span><\/p>\n Global statistics show that dropped objects are one of the leading causes of fatalities in drilling operations.<\/span><\/p>\n Fatigue, production pressure, contractor coordination, and communication in the field are often factors that trigger accidents.<\/span><\/p>\n Many rigs are operated by contractors. Are their maintenance standards and insurance programs commensurate with the actual risks?<\/span><\/p>\n The tragedy in Riau shows that a single weak point can have systemic impacts.<\/span><\/p>\n \u00a0<\/span><\/p>\n Drilling accidents don’t stop at on-site incidents.<\/span><\/p>\n The impact is widespread:<\/span><\/p>\n In many cases, the biggest financial impact occurs after the accident has been reported.<\/span><\/p>\n \u00a0<\/span><\/p>\n Many companies feel safe because they \u201calready have a policy.\u201d<\/span><\/p>\n But the question is:<\/span><\/p>\n Ideal protection for the drilling industry includes:<\/span><\/p>\n Unfortunately, many insurance programs are structured simply to meet contractual requirements, not as a risk mitigation strategy.<\/span><\/p>\n Insurance eventually becomes an administrative formality.<\/span><\/p>\n Yet in the oil and gas industry, a single mistake in insurance program design can shake a company’s balance sheet.<\/span><\/p>\n \u00a0<\/span><\/p>\n The oil and gas industry is not a public sector.<\/span> The role of a competent insurance broker is crucial because:<\/span><\/p>\n Energy specialist brokers understand:<\/span><\/p>\n Not just buying a police, but:<\/span><\/p>\n When an incident occurs:<\/span><\/p>\n Without an independent broker, companies often find themselves facing insurance companies alone in crisis situations.<\/span><\/p>\n \u00a0<\/span><\/p>\n It is in this context that the role of L&G Insurance Broker becomes relevant.<\/span><\/p>\n As a risk broker and consultant with extensive experience in the energy sector and EPC projects, L&G understands that drilling risks are not just property risks, but multi-layered operational risks.<\/span><\/p>\n L&G has experience handling:<\/span><\/p>\n L&G’s approach to oil and gas insurance does not stop at policy placement, but includes:<\/span><\/p>\n Technical and financial evaluation of drilling exposures.<\/span><\/p>\n Adjust limits, wording, and policy structure to actual risk profile.<\/span><\/p>\n Ensuring adequate capacity and a good claims track record.<\/span><\/p>\n Assistance from start to settlement.<\/span><\/p>\n In a high-risk industry like drilling, brokers are more than just middlemen.<\/span> \u00a0<\/span><\/p>\n This tragedy should be a momentum to:<\/span><\/p>\n Does it cover the worst-case scenario?<\/span><\/p>\n Is it realistic about the potential for total loss?<\/span><\/p>\n Do contractors and operators have complementary coverage?<\/span><\/p>\n Risk engineering must go hand in hand with underwriting strategy.<\/span><\/p>\n Not all brokers understand the complexities of drilling risk.<\/span><\/p>\n \u00a0<\/span><\/p>\n The drilling industry knows no comfort zones.<\/span><\/p>\n Production targets increased.<\/span> But one incident can stop everything.<\/span><\/p>\n Riau end of 2025 is proof that:<\/span><\/p>\n Insurance is not a cost.<\/span><\/p>\n Insurance is an instrument of stability.<\/span><\/p>\nWhen the Rig Collapses: Risk Never Sleeps<\/span><\/h3>\n
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Financial Impact: Bigger Than It Seems<\/span><\/h3>\n
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\n<\/b>Employer\u2019s liability, demands from the victim\u2019s family, and potential regulatory sanctions.<\/span><\/li>\n
\n<\/b>The value of one onshore rig unit can reach tens to hundreds of billions of rupiah.<\/span><\/li>\n
\n<\/b>Every day the rig is down means lost production and revenue.<\/span><\/li>\n
\n<\/b>Well shutdowns have a direct impact on operator cash flow.<\/span><\/li>\n
\n<\/b>Global investors, regulators, and partners are increasingly assessing ESG and HSE aspects.<\/span><\/li>\n<\/ol>\nIs Insurance Designed for the Worst Case?<\/span><\/h3>\n
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This is where the role of an insurance broker becomes crucial.<\/span><\/h3>\n
\n<\/span>Drilling risk cannot be equated with ordinary construction risk.<\/span><\/p>\n\n
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L&G Insurance Broker: Oil, Gas, and Energy Insurance Specialist<\/span><\/h3>\n
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\n<\/span>Brokers are strategic partners in maintaining business sustainability.<\/span><\/p>\nStrategic Lessons from Riau 2025<\/span><\/h3>\n
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Risk is not a possibility. Risk is a certainty.<\/span><\/h3>\n
\n<\/span>High cost pressure.<\/span>
\n<\/span>Well complexity increases.<\/span><\/p>\n\n