Latest news with #ADES
Free Malaysia Today
03-07-2025
- General
- Free Malaysia Today
4 dead after vessel capsizes in Suez Gulf, 3 still missing
The incident occurred around 130 nautical miles from the southern entrance of the Suez Canal. (EPA Images pic) CAIRO : 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 today. 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 yesterday 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.
Times of Oman
03-07-2025
- General
- Times of Oman
Ship capsizes in Gulf of Suez, at least 4 dead
A ship capsize in the Gulf of Suez has left at least four people dead with another four still missing, authorities in Egypt said on Wednesday. This was confirmed in reports citing the vessel operator's Saudi Arabian owner, ADES Holding Company, although according to them only three were believed to be missing. Search and rescue teams recover 4 bodies AP news agency cited Egypt's Red Sea province governor Amr Hanafy as saying that there were 30 workers on board the vessel when it capsized. Hanafy said rescue teams recovered the bodies of four people but also managed to pluck 22 people to safety, who were then taken to hospital. Vessels from Egypt's navy assisted in search and rescue efforts. The circumstances surrounding the capsize remain unclear, but local media reported it was being tugged for excavations in another area when it overturned. 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, Maritime traffic not impacted The Suez Canal Authoritiy said in a statement that the incident involved the Admarine 12 oil-drilling ship and took place 130 nautical miles from the southern entrance of the Suez Canal. The authority said that navigation in the important shipping route had not been impacted. ADES said that three of its personnel and one contractor were killed, and rescuers were searching for the remaining three, 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.
DW
02-07-2025
- General
- DW
Ship capsizes in Gulf of Suez, at least 4 dead – DW – 07/02/2025
An oil-drilling vessel overturned with reports that it was being towed in the important shipping route. Three people are still missing. A ship capsize in the Gulf of Suez has left at least four people dead with another four still missing, authorities in Egypt said on Wednesday. This was confirmed in reports citing the vessel operator's Saudi Arabian owner, ADES Holding Company, although according to them only three were believed to be missing. AP news agency cited Egypt's Red Sea province governor Amr Hanafy as saying that there had been 30 workers on board the vessel when it capsized. Hanafy said rescue teams recovered the bodies of four people but also managed to pluck 22 people to safety, who were then taken to hospital. Vessels from Egypt's navy assisted in search and rescue efforts. The circumstances surrounding the capsize remain unclear, but local media reported it was being tugged for excavations in another area when it overturned. 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 Suez Canal Authoritiy said in a statement that the incident involved the Admarine 12 oil-drilling ship and took place 130 nautical miles from the southern entrance of the Suez Canal. The authority said that navigation in the important shipping route had not been impacted. ADES said that three of its personnel and one contractor were killed, and rescuers were searching for the remaining three, 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.
TimesLIVE
02-07-2025
- Business
- 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.
Yahoo
02-07-2025
- 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.
