Fire protection is required to protect metal structures of oil and gas facilities from fires. Such fire protection should provide high fire resistance limits: 60, 90, 120 and more minutes. Specialists of LLC “RPC PROMIZOL ” developed a multilayer, removable type of fire protection made of superfine basalt fibre and ceramic materials for operation in Arctic conditions. Five experimental studies were carried out in standard and hydrocarbon fire regimes. The fire protection effectiveness of the products for I20 beams without load was obtained: a 50 mm thick coating provided 130 min of a standard fire regime; a 15 mm thick coating provided 60 min. The 15 mm thick coating provided 30 min of a hydrocarbon fire regime and the 50 mm thick coating provided 93 min of a hydrocarbon fire regime. The I40 beam under a load of 19.9 tf showed an R243 for the standard fire regime. The coefficients of effective thermal conductivity and specific heat capacity of fire-retardant compositions were determined by solving the inverse heat conduction problem. The problem was solved by modelling using the QuickField 7.0 software package, which implements FEM. Modelling showed that for obtaining the fire resistance limit R120 under the standard fire regime for the sample steel structure from an I40 beam, it is enough to apply fire protection with a thickness of 25 mm instead of 50 mm, which agrees with the experimental data. For the hydrocarbon regime, it is predicted that R120 can be obtained at a thickness of 45 mm instead of 50 mm.