Due to continuous innovations as well as a dynamic industry structure and environmental changes, the energy sector is exposed to many different risks. After an introduction on Master Service Agreements (MSAs), participants will learn why and how they are used in the energy industry. They will learn what a MSA should include, advantages of using a MSA, and what to watch out for when using a MSA. They will discuss MSA insurance considerations, such as: pollution liability (environmental impairment, contractor’s pollution, sudden & accidental vs. non-sudden & gradual) and additional insured issues in favor of the company (ongoing operations, completed operations, tail clauses, waiver of subrogation, primary/non-contributory, etc.). They will examine specialty coverages regarding energy risks including leased/rented/borrowed property, drilling compounds, underground buyback, indirect losses, motor truck cargo, and rigger’s legal liability.