The objective of the MIA for the oil and gas industry is the creation of clarity on the subject of responsibility. So is overlapping insurance cover for identical risks for personnel, hardware and other investments thus avoided. The agreement is made by both NOGEPA as IRO. It is not unusual in the oil and gas industry that different contractors may have to work on the same installations. The MIA avoids each company having to individually insure its risks against third parties. Each company only has to insure itself against any damage it could endure.
Application
There are currently some 400 companies that have signed the mutual indemnity agreement. Companies that are interested in signing the MIA can do this by sending a signed copy of the mutual indemnity agreement (MIA) to NOGEPA. NOGEPA keeps a record of all associated companies. For information on this please contact John McGrane (as@nogepa.nl, +31 (0)70 3478871).
The full list of companies that signed the MIA agreement can be downloaded here.
Alternatively you can determine whether a specific company has signed the MIA through the seacrh engine below.