An oil-drilling vessel overturned with reports that it was being towed in the important shipping route. Three people are ...

A drilling rig has overturned and sunk in the Gulf of Suez, Egypt’s Petroleum Ministry reported, citing the company ...

Lloyd's Register (LR) has signed a memorandum of understanding (MoU) with DAI Infrastruktur for a green ammonia production ...

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 ...

By Jeremy Salt Despite the signs of steady strategic decline since 1967, Israel remains fixated on war as the solution to the ...

Turkish textile company Şirikçioğlu Grubu is making a $20 million investment in Egypt’s Suez Canal Economic Zone (SCZone).

A deadly maritime accident in the Gulf of Suez has claimed at least four lives after an oil-drilling vessel overturned near ...

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Egypt announced Wednesday that four workers died and 18 others were injured after the barge Adam Marine 12 sank late Tuesday ...

At least four crew members died and three remain missing after an oil-drilling vessel capsized in Egypt's Gulf of Suez during ...

The incident occurred on Tuesday off Ras Ghareb, a key oil site on the African side of the Red Sea, as the ship was being ...