In a bold move that merges innovation with luxury, Saudi Arabia is set to welcome the world's first floating theme park, aptly named The Rig. Spearheaded by the Oil Park Development Company (OPDC ...

Divided into four rigs, the theme park 40km off Saudi Arabia’s east coast ... the kingdom’s economy as it prepares for a post-oil future. For those who don’t dive, underwater submarines ...

Marine wildlife could benefit if some de-commissioned oil rigs were left on the sea bed, a survey says. This challenges the conventional wisdom that the sea bed should be restored to its pristine ...

According to data from Baker Hughes BHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past year. This decline reversed a steady increase that began after the rig ...

Nov 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since early October, energy services firm Baker ...

The Caspian Sea, also referred to as the world's "biggest lake", is home to one of the most unusual oil rigs ever seen. Neft Daşları, which translates as “Oil Rocks,” is a maze of oil wells ...