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Cargo Ship Rams Oil Rig in Gulf of Suez

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<i> Associated Press</i>

A cargo ship hit an oil platform in the southern Gulf of Suez, causing millions of dollars in damage to the rig but no casualties, a senior oil company official said Saturday.

The platform is owned by Gulf Petroleum Co., or Gupco, a joint Egyptian-American venture with major operations in the gulf between mainland Egypt and Sinai.

The Gupco official said the collision spilled a small amount of oil from the platform into the gulf. He said damage to the platform is expected to exceed $10 million.

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