Latest news with #Osoco


Free Malaysia Today
3 days ago
- 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.


Al Etihad
4 days ago
- General
- Al Etihad
Barge sinks in Egypt's Gulf of Suez, killing four
2 July 2025 10:42 CAIRO (AFP)Four people died and 22 others were injured after a barge in the Gulf of Suez sank, the Egyptian government said barge Adam Marine 12 sank on Tuesday night, the health ministry said, without providing details of the cause of the four people who died were brought to Egypt's Hurghada hospital on the Red Sea coast, the ministry said on social injured people were airlifted and 18 others were transported by ambulance to another local hospital, it petroleum ministry said on Facebook it had received a report from Offshore Shukheir oil Company (Osoco) that the barge capsized in the Gebel El-Zeit area in the Gulf of Suez. The area is around 300 kilometres (190 miles) south of the Suez Canal, a key waterway linking Europe and Asia.


Malay Mail
4 days ago
- General
- Malay Mail
Egypt says four dead, 22 injured after oil barge capsizes in Gulf of Suez
CAIRO, July 2 — Four people died and 22 others were injured after a barge in the Gulf of Suez sank, the Egyptian government said Wednesday. The barge Adam Marine 12 sank on Tuesday night, the health ministry said, without providing details of the cause of the capsizing. The four people who died were brought to Egypt's Hurghada hospital on the Red Sea coast, the ministry said on social media. Four injured people were airlifted and 18 others were transported by ambulance to another local hospital, it added. Egypt's petroleum ministry said on Facebook it had received a report from Offshore Shukheir oil Company (Osoco) that the barge capsized in the Gebel El-Zeit area in the Gulf of Suez. The area is around 300 kilometres south of the Suez Canal, a key waterway linking Europe and Asia. The canal accounted for about 10 per cent of global maritime trade before Yemen's Houthis began attacking vessels transiting the Red Sea in late 2023. The Houthi rebels say their attacks are committed in solidarity with Palestinians in the Gaza Strip, where Israel and Hamas have been at war since October 2023. — AFP


Time of India
4 days ago
- General
- Time of India
Barge sinks in Gulf of Suez, killing 4: Egyptian govt
Representative image CAIRO: Four people died and 22 others were injured after a barge in the Gulf of Suez sank, the Egyptian government said Wednesday. The barge Adam Marine 12 sank on Tuesday night, the health ministry said, without providing details of the cause of the capsizing. The four people who died were brought to Egypt's Hurghada hospital on the Red Sea coast, the ministry said on social media. Four injured people were airlifted and 18 others were transported by ambulance to another local hospital, it added. Egypt's petroleum ministry said on Facebook it had received a report from Offshore Shukheir oil Company (Osoco) that the barge capsized in the Gebel El-Zeit area in the Gulf of Suez. The area is around 300 kilometres (190 miles) south of the Suez Canal, a key waterway linking Europe and Asia. The canal accounted for about 10 percent of global maritime trade before Yemen's Huthis began attacking vessels transiting the Red Sea in late 2023. The Huthi rebels say their attacks are committed in solidarity with Palestinians in the Gaza Strip, where Israel and militant group Hamas have been at war since October 2023

Al Arabiya
4 days ago
- Al Arabiya
Barge sinks in Gulf of Suez, killing four: Egyptian govt
Four people died and 22 others were injured after a barge in the Gulf of Suez sank, the Egyptian government said Wednesday. The barge Adam Marine 12 sank on Tuesday night, the health ministry said, without providing details of the cause of the capsizing. The four people who died were brought to Egypt's Hurghada hospital on the Red Sea coast, the ministry said on social media. Four injured people were airlifted and 18 others were transported by ambulance to another local hospital, it added. Egypt's petroleum ministry said on Facebook it had received a report from Offshore Shukheir Oil Company (Osoco) that the barge capsized in the Gebel El-Zeit area in the Gulf of Suez. The area is around 300 kilometers (190 miles) south of the Suez Canal, a key waterway linking Europe and Asia. The canal accounted for about 10 percent of global maritime trade before Yemen's Houthi militia began attacking vessels transiting the Red Sea in late 2023. The Houthi militia says its attacks are committed in solidarity with Palestinians in the Gaza Strip, where Israel and the militant group Hamas have been at war since October 2023.