Four die as vessel capsizes in Egypt's Gulf of Suez, three still missing
The incident occurred around 130 nautical miles from the southern entrance of the Suez Canal and has not disrupted navigation along the trade route, the Suez Canal Authority Chairman Osama Rabie said in a statement.
Egypt's petroleum ministry on Tuesday said oil and gas producer Offshore Shukheir Oil Co (OSOCO) reported the incident as occurring near Egypt's Gabal El-Zeit area along the Red Sea.
The vessel is a jackup barge unit named Admarine 12 owned by a subsidiary of offshore drilling service provider ADES. It was carrying 30 personnel, 23 of whom were rescued, ADES said in disclosure to the Saudi Exchange.
The petroleum ministry earlier misidentified the vessel as Adam Marine 12.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The South African
16-07-2025
- The South African
PSL transfer news: Orlando Pirates set to earn over R150m
Orlando Pirates could potentially earn R150 million from the sales of Mohau Nkota and Relebohile Mofokeng. Both players were instrumental in the Buccaneers' run to the semi-finals of the CAF Champions League. Nkota recently made a high-profile move to Saudi Arabian side Al-Ettifaq. He is expected to sign a three-year deal that will reportedly see him earn over R12 million annually. Unconfirmed reports indicate that the transfer fee for Nkota is around £1.5 million (R36 million), with additional add-ons that could elevate the total to £2.15 million (R52 million) if certain performance targets are met. Meanwhile, Mofokeng could leave Orlando Pirates for a substantial R120 million, with Dutch giants PSV showing interest in signing the talented young winger in the coming days. 'R100 million is like a round figure. It's more than that! The amount they were negotiating for was initially R120 million. You know it's not exactly what you want that you get, and that's why they are talking about the R100 million, but it's believed to be more than that,' the insider told Soccer Laduma . Should Orlando Pirates successfully sell Mofokeng to PSV, they could very well exceed R150 million in earnings during this transfer period. Both players came up through the club's development system and competed in the DSTV Diski Challenge just three years ago. Let us know by leaving a comment below, or send a WhatsApp to 060 011 0211. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
TimesLIVE
02-07-2025
- TimesLIVE
Four die as vessel capsizes in Egypt's Gulf of Suez, three still missing
At least four people died when a vessel capsized while being towed in the Gulf of Suez, one of Egypt's prominent Red Sea oil production sites, the vessel operator's Saudi Arabian owner, ADES Holding Company, said on Wednesday. The incident occurred around 130 nautical miles from the southern entrance of the Suez Canal and has not disrupted navigation along the trade route, the Suez Canal Authority Chairman Osama Rabie said in a statement. Egypt's petroleum ministry on Tuesday said oil and gas producer Offshore Shukheir Oil Co (OSOCO) reported the incident as occurring near Egypt's Gabal El-Zeit area along the Red Sea. The vessel is a jackup barge unit named Admarine 12 owned by a subsidiary of offshore drilling service provider ADES. It was carrying 30 personnel, 23 of whom were rescued, ADES said in disclosure to the Saudi Exchange. The petroleum ministry earlier misidentified the vessel as Adam Marine 12.
eNCA
13-06-2025
- eNCA
Gulf countries fear Israel-Iran spillover
Gulf countries on Friday unanimously condemned Israel's strikes on Iran, fearing an escalation that could threaten economic interests and security. "Gulf states are very much caught between a rock and a hard place," Sanam Vakil, director of the Chatham House think-tank's Middle East and North Africa Programme told AFP. While "they are quietly applauding the further weakening of Iran they face real risks and have to play their cards carefully", she said. Their close ties to Israel's protector Washington, which maintains military bases in the region, and their proximity to Iran -- and its missiles -- pose risks. Vakil said that "Saudi diplomats are distancing themselves from Israel and condemning the strikes as a means to stay out of this conflict". The unfolding situation is playing out against a recent diplomatic rapprochement Riyadh has been building with Tehran ever since China in 2023 brokered an agreement aiming to restore ties. "This is a notable difference with the situation that prevailed in the region 10 years ago, when Saudi Arabia was sort of inciting the United States to strike Iran, calling it the 'head of the snake'," said Karim Bitar, a lecturer in Middle Eastern studies at Paris's Sciences Po university. Indeed, as Tehran reeled from Israel's attacks and planned retaliation, Saudi Arabian Foreign Minister Faisal bin Farhan called his Iranian counterpart and "stressed the importance of dialogue to address disputes". - Stability at risk - "Gulf countries realise that this Israeli attack will jeopardise their economic interests as well as the entire stability" of the region, Bitar said. That is a major preoccupation of Saudi Crown Prince Mohammed bin Salman, who has been focusing on economic growth, giga-projects at home and diversification away from oil. During Donald Trump's first US presidency, Saudi Arabia and the United Arab Emirates had pushed for a stronger stance against Iran. Gulf countries supported Trump's decision to pull the United States out of the 2015 Iran nuclear deal. But Gulf sentiment began to change after the United States failed to provide significant backing following attacks blamed on Tehran, analysts said. A 2019 attack -- claimed by Yemen's Huthis but blamed by Riyadh and Washington on Tehran -- hit Saudi Arabia's Abqaiq processing plant and Khurais oil field, temporarily halving the kingdom's crude output. Tehran denied involvement. The UAE too has been targeted by attacks from the Huthis that hit Abu Dhabi in 2022. Seeking to avert attacks by Iran and its proxies, especially as they host US bases that could become targets in the wake of a broader conflict, Gulf monarchies have pursued a detente. "The greatest concern in the Gulf now will be to what extent the United States will have to rely on their bases to assist in the defence of Israel," said Middle East analyst Andreas Krieg. - US 'red line' - While Trump's administration has distanced itself from Israel's operation, it has warned Iran not to hit US targets in the Middle East. "It has... drawn a firm red line, warning that any attacks on US personnel or military installations will provoke a response," Vakil said. She added, however, that "for now, Iran is unlikely to target Gulf infrastructure or assets". The leaders of Saudi Arabia, the UAE and Qatar last month had urged Trump, as he visited the region, to not order US strikes on Iran's nuclear facilities and to pursue a deal instead, according to the US news outlet Axios. "The Gulf states had hoped that Trump would show strong leadership and would contain (Israeli Prime Minister Benjamin) Netanyahu's neo-conservative tendencies to escalate," said Krieg. Negotiations on Iran's nuclear programme had been going on between Washington and Tehran, although with little headway. Oman had been readying to host a sixth round of talks on Sunday, before Israel's attack threw that into doubt. For Bitar, the Israeli strikes seemed to be trying to "torpedo" the US-Iran talks. "What will be the US reaction? Will they maintain their blind and unconditional support for Israel, or will they try to go back to the negotiating table and reach a new deal?" he asked. By Sahar Al Attar
