Prospector 5 jack-up sinks off Gabon with fatalities
Photo: Lars Christopher Nøttaasen, CC BY-SA 2.0, via Wikimedia Commons
An ROV found three bodies in the sunken Prospector 5 jack-up rig off Gabon. Two people are still missing. BW Energy has restarted production but suspended its capex guidance. Offshore underwriters should note that this loss spans the rig, the people, and the operator's business interruption. Watch for findings on the cause. Source: Winda Beacon (Oct 29 brief).