On 30 January 2013 a $40 million engineering structure belonging to Iran’s South Pars gas field to be used in offshore platforms sank into the Gulf as it was being installed. The equipment was built by Maritime Industrial Company (SADRA), an affiliate of the industrial wing of Iran’s Revolutionary Guards, over a 30-month period. The incident occurred Monday night as the 1,850-tonne jacket developed for South Pars Phase 13 sank to a depth of 80 metres (264 feet), media reports said, adding that there were no reports of any casualties.
Officer of the Watch 