Through this alliance, Cudd Well Control will provide the Oil & Gas industry with access to its experienced team of well control specialists and engineers, through an insurance product administered by Worldwide Facilities. The alliance will actively support traditional Energy insurance products, in addition to the recently launched “Increased Costs of Drilling and/or Completion Insurance” (ICDC) Program.
Worldwide Facilities’ Matthew Begnaud, Senior Vice President in Houston, TX, commented: “Cudd Well Control has positioned itself at the top of the well control, engineering and response marketplace with what we believe to be the most experienced team in the industry. This alliance furthers our commitment to continually develop products designed to address the most demanding risk transfer needs of our Oil & Gas clients.”
Andrew Ferguson, President of Cudd Well Control, stated “Being the ‘first call’ well control services provider under Worldwide Facilities’ upstream energy insurance policies is very exciting, and we are well-positioned for the task. We have the most experienced well control specialists and engineers and developed the latest in critical well intervention technology to provide our customers with the best well control services in the industry for the long term.”
For more than 40 years, Cudd Well Control has provided rapid well control response and engineering services to onshore and offshore Oil & Gas operations worldwide. Cudd Well Control is strategically located to quickly respond, prevent and mitigate critical well control events and reduce non-productive time.
About Worldwide Facilities
Worldwide Facilities is a national wholesale insurance broker, managing general agent and program underwriter that has been in business since 1970. Its brokers and underwriters are industry leaders providing expertise in a wide range of specialty lines, as well as extensive contacts with carriers domestically and overseas. For more information, please visit wwfi.com. CA Lic # 0414108.