Latest news with #OSOCO
Mada
a day ago
- Business
- Mada
Four dead, 4 missing after oil rig sinks off Red Sea Governorate coast
An oil rig sank off the coast of the Egyptian Red Sea on Tuesday night, killing four staff members who were on board. Egyptian officials are yet to comment on what caused the sinking, as of time of writing. The ADMARINE12 oil rig, owned by Offshore Shukheir Oil Company (OSOCO), capsized in the Gabal al-Zeit area in Ras Ghareb, in the Red Sea governorate, according to government statements. The incident injured 22 out of the 30 people who were on board, while four are still missing. A Cabinet statement Tuesday night said that the petroleum and labor ministers visited the site to investigate the situation shortly after emergency services received the distress call from the sinking rig. Red Sea Governor Amr Hefny said that rescue teams were able to retrieve four bodies from the incident area and transfer them to Hurghada General Hospital. The teams are still looking for four more bodies of staff who are missing, according to the governor. Of the surviving 22 who were found, rescuers transferred 18 by ambulance to Gouna Hospital in Hurghada, while the other four who had more critical injuries were transferred by plane, Hefny said. OSOCO is one of the companies owned by the Egyptian General Petroleum Corporation. It was established in 1980 , to oversee oil extraction operations on behalf of EGPC and contractors in the Shukeir Marine Area in the Gulf of Suez. The capsized rig, although owned by OSOCO, was reportedly operated by the Saudi ADES Holding Company, which won a 10-year contract to operate in OSOCO fields in 2023. For his part, head of the Suez Canal Authority Osama Rabie stated today that ship movement in the canal was not affected by last night's incident, which occurred 130 nautical miles away from the canal's southern entrance.
Daily Tribune
a day ago
- General
- Daily Tribune
Oil Support Barge Capsizes in Egypt's Gulf of Suez — 4 Dead, 6 Missing
Email : editor@ At least four people have died and six others are missing after a marine barge linked to an offshore oil operation capsized in the Gulf of Suez, Egyptian authorities confirmed late Tuesday. The vessel, identified as Adam Marine 12, was assisting an oil rig in the Jabal Zeyt area when it sank while being towed, according to Egypt's Ministry of Petroleum and Mineral Resources. In an official statement, the ministry said: 'We received a report from the Offshore Shukheir Oil Company (OSOCO) regarding the capsizing of its offshore barge Adam Marine 12. Emergency teams were immediately dispatched and we are following developments moment by moment.' Twenty-one crew members have been rescued so far, while search and rescue operations are ongoing for the six individuals who remain unaccounted for. Local media also reported on the tragic incident, confirming the deaths and continued search efforts. The barge was reportedly involved in routine offshore drilling support work at the time of the accident. Authorities have not yet released the names or nationalities of the victims, and the cause of the capsizing remains under investigation.
Saba Yemen
a day ago
- General
- Saba Yemen
Four Dead, Others Injured in Capsizing of Marine Barge in Gulf of Suez, Egypt
Cairo - (Saba): Four people died and 22 others were injured on Tuesday evening due to the capsizing of a marine barge in the Gulf of Suez, Egypt. Egypt's Ministry of Petroleum and Mineral Resources reported the capsizing of a marine barge belonging to an oil drilling platform in the Jebel El-Zeit area of the Gulf of Suez. In a statement, the ministry said it received a report from the "OSOCO" company about the capsizing of the marine barge Adam Marine 12 in the Jebel El-Zeit area. Mutaz Atef, the ministry's spokesperson, stated in a press interview that an emergency response plan was activated following the incident. For its part, Egypt's Ministry of Health and Population reported that four deceased individuals were transferred to Hurghada General Hospital, while 22 injured were taken to El Gouna Hospital. Whatsapp Telegram Email Print more of (International)
Yahoo
a day ago
- Business
- Yahoo
Four die as vessel capsizes in Suez Gulf; three still missing
CAIRO (Reuters) -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. Three ADES personnel and one contractor were killed, and rescuers are searching for the remaining three, ADES said. The vessel was operating in a concession where ADES and OSOCO have partnered to drill wells. The vessel and personnel are comprehensively insured and at this stage there is no material impact on finances or guidance for the fiscal year 2025, ADES said. "The company is working closely with local authorities and emergency services, with the safety and well-being of all personnel remaining its highest priority. A full and thorough investigation into the incident will be conducted," ADES said.
Russia Today
a day ago
- Business
- Russia Today
Drilling rig capsizes in Gulf of Suez
A drilling rig has sunk in the Gulf of Suez, Egypt's Petroleum Ministry has reported, citing the company operating the barge. Four members of the 31-person crew were killed in the incident while six others are missing, according to local news portal Al-Youm as-Sabia. The drillship, identified as Adam Marine 12, capsized Tuesday evening, the ministry said in a Facebook post on Wednesday. The maritime incident, reported to the ministry by the Offshore Shukheir Oil Company (OSOCO), occurred in the Mount Oil area of the Red Sea, about 300km south of the Suez Canal. The capsized vessel was operating in a concession owned by offshore drilling service provider ADES, where it was drilling several wells, Reuters reported, citing industry sources. The company had reportedly assigned OSOCO to conduct drilling operations using the barge, which was being relocated to a new site at the time of the accident. The ministry said it is monitoring developments and taking steps in coordination with specialized authorities and its affiliates in the region. The Red Sea and the Suez Canal, a strategic waterway connecting Europe and Asia, have been volatile since late 2023, when the Yemen-based Houthis began targeting tankers and other merchant vessels sailing through the route, complicating maritime traffic in the region. The Suez Canal is one of the most vital links for international shipping. According to data from Kpler, typically 10-12% of worldwide crude exports and 14-15% of oil product exports, including gasoline and diesel, transit through the Red Sea.
