News

The Rig, an oil-themed amusement park, will open on offshore platforms in Saudi Arabia. The "extreme park" will span 150,000 square meters and sit atop a converted oil rig in the Arabian Gulf.
Halliburton reported about 33% fall in profit for the second quarter on Tuesday, hurt by weak demand for its oilfield ...
Saudi Arabia says it will convert an already existing oil rig into the theme park. According to a news release , the entire area of the park covers 150,000 square meters.
In a curious bit of timing, the Kingdom of Saudi Arabia recently announced plans to construct a nearly 37-acre theme park resort complex “inspired by offshore oil platforms” only days before ...
THE RIG. is a literal oil rig in the Persian Gulf featuring 3 hotels, 800 rooms, 11 restaurants, a roller coaster, a water slide, a Ferris wheel, and more.
Key Points. The Rig is a new offshore adventure and hospitality destination inspired by oil platforms, located 40km off the Arabian Gulf coast. The destination features over 300,000 square meters ...
Oil-dependent Saudi Arabia is taking literally the concept of economic diversification. The kingdom has announced plans to convert an oil rig in the Arabian Gulf into a 1.6-million-square-foot ...
Saudi Arabia's sovereign wealth fund, the Public Investment Fund ... near Al Juraid Island and Berri Oil Field in the Arabian Gulf. THE RIG will seek to attract over 900,000 annual visitors by ...
Saudi Arabia's Public Investment Fund has focused on a new tourist attraction for the country that would be intended for both the citizens of the country and foreigners. "THE RIG" is an old oil ...
Saudi Arabia has ramped up its rig count since 2014 in an effort to develop new oil fields. The number of oil rigs has jumped from 58 to 67 since 2014, and gas rigs have climbed from 35 to 60 over ...
Saudi Arabia’s oil giant plans to increase the production capacity of the offshore Marjan and Berri fields by 550,000 bpd and by 2.5 billion standard cubic feet a day (bscfd) of gas.
As the global energy industry stares transfixed at a spectacular drop in U.S. rigs, Saudi Arabia is ramping up the number of machines drilling for oil and gas despite a sharp fall in the price of ...