An oil tanker carrying 16 crew members, including 13 Indians and three Sri Lankans, has been reported missing after capsizing off the coast of Oman. This significant incident, occurring on 15th July, has triggered a comprehensive search and rescue operation in the region. The vessel, registered under the Comoros flag and named Prestige Falcon, overturned 25 nautical miles southeast of Ras Madrakah in Oman. The cause of the accident remains undetermined, and the Omani Defence Ministry is currently leading the search efforts.
The Prestige Falcon, owned by Netco FZE, is primarily utilized for the transportation of oil products and was en route from Al Hamriya Port in Dubai to Aden in Yemen when the incident transpired. Distress calls were reportedly transmitted by the vessel prior to the accident, prompting the involvement of India’s navy in the search and rescue operations.
The Maritime Security Centre (MSC) of Oman has confirmed that the ship is currently submerged and inverted. There are concerns over potential oil leaks into the sea. The vessel’s status and the extent of any environmental damage are still undetermined.
The coastal area near Ras Madrakah holds significant importance due to its oil and gas resources, with plans in place for its development into a major hub for the industry. The region is expected to play a crucial role in Oman’s efforts to expand its hydrocarbons sector, with the adjoining Duqm port identified as a key site for integrated petrochemical and oil and gas activities.
Oman’s commitment to strengthening its position in the oil and gas market has been emphasized by recent supply agreements signed by its gas plant Oman LNG. The company has secured a major deal with BP, paving the way for substantial LNG deliveries commencing in 2026.
With the oil and gas sector contributing to over 70% of Oman’s income, the country is strategically concentrating on the downstream activities of its hydrocarbon resources. This reflects the nation’s strong dedication to leveraging its natural resources for long-term economic growth.
The situation concerning the Prestige Falcon is still unfolding, and additional details are anticipated. The safety and recovery of the crew remain the utmost priority as search and rescue operations persist in the area. The potential environmental impact of the accident is also being closely monitored.
As more details become available, it is crucial to stay informed about the developments surrounding this incident. The situation serves as a reminder of the risks and challenges associated with maritime operations and underscores the necessity for robust safety measures in the shipping industry.