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Suez Canal shipping traffic 'not affected' as drillship capsizes in Red Sea: SCA
Suez Canal shipping traffic 'not affected' as drillship capsizes in Red Sea: SCA

Zawya

time3 days ago

  • General
  • Zawya

Suez Canal shipping traffic 'not affected' as drillship capsizes in Red Sea: SCA

CAIRO: Marine traffic through Egypt's Suez Canal has not been affected by the capsizing of a drillship in the Red Sea, the waterway's authority said. The vessel capsized on Tuesday evening in the Gabal El Zeit area of the Gulf of Suez, about 130 nautical miles from the canal's southern entrance. Osama Rabie, Chairman of the Suez Canal Authority (SCA), said the incident did not disrupt traffic through the waterway, a conduit for about 12% of global shipping traffic and a key source of revenue for Egypt. 'The canal's navigation is operating smoothly in both directions at its normal rate and was not affected by the capsizing of the Admarine 12,' Rabie said. He said 33 vessels had already passed through the canal by Wednesday afternoon, with a net tonnage of 1.4 million.

Drillship capsizes in Suez Gulf, Egypt's petroleum ministry says
Drillship capsizes in Suez Gulf, Egypt's petroleum ministry says

Zawya

time4 days ago

  • General
  • Zawya

Drillship capsizes in Suez Gulf, Egypt's petroleum ministry says

CAIRO: Egypt's petroleum ministry said on Tuesday that it received a report from oil and gas production company Offshore Shukheir oil Company (Osoco) about a capsized drillship in the Gulf of Suez. The ministry said the drillship, identified as "Adam Marine 12", was located in Gabal El-Zeit in the Red Sea, an area around 300 km south of the Suez Canal, Egypt's vital trade route, and is one of Egypt's prominent oil production sites in the Red Sea. The incident is not expected to cause disruptions for navigation in the canal. At least four were confirmed killed so far, six missing and 21 others were rescued, sources affiliated to Red Sea authorities said. The drillship was moving to a new location when it capsized earlier in the evening, industry sources said. The vessel was operating in a concession owned by offshore drilling service provider ADES, in which it was drilling several wells. It assigned Osoco for drilling operations, according to the sources. ADES did not respond to a request for comment.

Drillship Capsizes in Suez Gulf, Egypt's Petroleum Ministry Says
Drillship Capsizes in Suez Gulf, Egypt's Petroleum Ministry Says

Asharq Al-Awsat

time4 days ago

  • General
  • Asharq Al-Awsat

Drillship Capsizes in Suez Gulf, Egypt's Petroleum Ministry Says

Egypt's petroleum ministry said on Tuesday that it received a report from oil and gas production company Offshore Shukheir oil Company (Osoco) about a capsized drillship in the Gulf of Suez. The ministry said the drillship, identified as "Adam Marine 12", was located in Gabal El-Zeit in the Red Sea, an area around 300 km south of the Suez Canal, Egypt's vital trade route, and is one of Egypt's prominent oil production sites in the Red Sea. The incident is not expected to cause disruptions for navigation in the canal. At least four were confirmed killed so far, six missing and 21 others were rescued, sources affiliated to Red Sea authorities said. The drillship was moving to a new location when it capsized earlier in the evening, industry sources said. The vessel was operating in a concession owned by offshore drilling service provider ADES, in which it was drilling several wells. It assigned Osoco for drilling operations, according to the sources. ADES did not respond to a request for comment.

Drillship capsizes in Suez Gulf, Egypt's Petroleum Ministry says
Drillship capsizes in Suez Gulf, Egypt's Petroleum Ministry says

The National

time4 days ago

  • Business
  • The National

Drillship capsizes in Suez Gulf, Egypt's Petroleum Ministry says

Egypt's Petroleum Ministry said on Tuesday that it received a report from oil and gas production company Offshore Shukheir Oil Company (Osoco) about a capsized drillship in the Gulf of Suez. The ministry said the drillship, identified as "Adam Marine 12", was in Gabal El-Zeit in the Red Sea, about 300km south of the Suez Canal, Egypt's vital trade route, and is one of the country's prominent oil production sites in the Red Sea. The incident is not expected to cause disruptions for navigation in the canal. At least four were confirmed killed so far, six missing and 21 rescued, sources affiliated to Red Sea authorities told Reuters. The drillship was moving to a new location when it capsized earlier in the evening, industry sources said. The vessel was operating in a concession owned by offshore drilling service provider ADES, in which it was drilling several wells. ADES assigned Osoco for drilling operations, according to the sources.

Drillship capsizes in Suez Gulf, Egypt's petroleum ministry says
Drillship capsizes in Suez Gulf, Egypt's petroleum ministry says

Reuters

time4 days ago

  • General
  • Reuters

Drillship capsizes in Suez Gulf, Egypt's petroleum ministry says

CAIRO, July 1 (Reuters) - Egypt's petroleum ministry said on Tuesday that it received a report from oil and gas production company Offshore Shukheir oil Company (Osoco) about a capsized drillship in the Gulf of Suez. The ministry said the drillship, identified as "Adam Marine 12", was located in Gabal El-Zeit in the Red Sea, an area around 300 km south of the Suez Canal, Egypt's vital trade route, and is one of Egypt's prominent oil production sites in the Red Sea. The incident is not expected to cause disruptions for navigation in the canal. At least four were confirmed killed so far, six missing and 21 others were rescued, sources affiliated to Red Sea authorities said. The drillship was moving to a new location when it capsized earlier in the evening, industry sources said. The vessel was operating in a concession owned by offshore drilling service provider ADES, in which it was drilling several wells. It assigned Osoco for drilling operations, according to the sources. ADES did not respond to a request for comment.

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