Liability Risk and Insurance
Knock-for-knock confirmed
Piper Alpha operator Occidental (now ELF) has won confirmation of the understood working of ‘knock for knock’ in the context
of North Sea operations. The Inner House of the Court of Sessions confirmed the principle of each sub-contractor/operator
being responsible for their own people or property. The judgement is worth £150mn to Occidental (and its insurers –
Ace Bermuda, CGU and
Lloyd’s Syndicates).