VIDEO: Saudi Arabia unveils plans for huge oil rig theme park
- Date: 17-Oct-2021
- Source: Energy Voice
- Sector:Tourism
- Country:Saudi Arabia
- Who else needs to know?
VIDEO: Saudi Arabia unveils plans for huge oil rig theme park
Saudi Arabia has unveiled its plan for “The Rig”, a 150,000 square metre theme park using an oil and gas platform.
The project, hoped to be a big boon to The Kingdom’s tourism ambitions, is being bankrolled by Public Investment Fund (PIF), a sovereign wealth fund that has taken savings from the nation’s oil sales since the 1970s and is today estimated to be worth $430billion.
The Rig will feature “a number of touristic attractions, including three hotels, world-class restaurants, helipads, and a range of adventurous activities, including extreme sports”, according to the PIF.
First tourist Banoosh cruise in Bahrain
- Bizbahrain
- Tourism
Marriott International to open 8 new hotels at…
- Construction…
- Tourism
China has won over the Middle East, brokering a historic peace deal between Saudi Arabia and Iran. This ends a standoff between the Middle Eastern oil giants and China stands to reap huge economic dividends as its global influence continues to grow.
The Canadian independent newspaper “The Breach” revealed a document showing Canada’s undisclosed motives for arming Terrorist Regime Saudi Arabia in Yemen. According to the report, Saudi Arabia lists oil and opportunities for Canadian companies, in addition to reducing the need… https://twitter.com/i/web/status/1637394913552629761
Trump's in Saudi Arabia, Israel...
... and the Vatican this week, cradles of USA's 3 great religions:
Christianity, Judaism, and Oil.
Cue the American military... their sole purpose is to protect the $
https://www.wsj.com/articles/saudi-arabia-considers-accepting-yuan-instead-of-dollars-for-chinese-oil-sales-11647351541
Top Oil Exporter Saudi Arabia Loads Up on Russian Diesel https://www.bloomberg.com/news/articles/2023-03-17/top-oil-exporter-saudi-arabia-loads-up-on-russian-diesel
Saudi Arabia believes its economy can decouple so much from oil that crude prices soon won’t be a decisive factor in shaping fiscal policy
Last year's race in Saudi Arabia was dominated by a missile strike by Yemeni rebels against an oil refinery close to the track, after which drivers had misgivings about racing.
#SaudiArabianGPOnDStv
Oil prices firmed after a meeting between Saudi Arabia and Russia calmed markets amid strong China demand expectations, but were headed for their biggest weekly falls since December as a banking crisis rocked global financial and oil markets. | @Reuters https://business.inquirer.net/391606/oil-rises-on-demand-hopes-as-banking-crisis-fears-subside?utm_medium=Social&utm_source=Twitter#Echobox=1679040570-1
#Aramco is in search of exp oil & gas talent residing in the Americas to join our teams in Saudi Arabia. Attend our Downstream Engineering, Refining & Power Systems Recruitment Fair March 14th to learn about career opportunities: http://bit.ly/3WxjrAp https://bit.ly/3FtHgU0
Saudi Arabia and Russia have reaffirmed their commitment to the recent OPEC+ decision to cut production until the end of 2023 during a high-level meeting held in Riyadh on Thursday.
Read more here: https://bit.ly/3YPtYIB
NEW: "#Saudi Energy Minister Abdulaziz bin Salman Al Saud has declared that the Kingdom will not sell oil to any country that imposes a price cap on its supplies." via @amwajmedia https://amwaj.media/media-monitor/after-talks-in-russia-saudi-arabia-warns-price-caps-on-its-oil-will-spark-retalia
Oil and the Iran-Saudi Accord: Why China Brokered the Deal https://ift.tt/qtZzXME
Saudi state-owned oil giant sees record profit of $161bn https://www.independent.co.uk/independentpremium/business/saudi-arabia-oil-profits-aramco-b2299226.html?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1679014960
#Oil..
Saudi Arabia, Russia reaffirm commitment to OPEC+ production cut until 2023 end https://www.zawya.com/en/markets/commodities/saudi-arabia-russia-reaffirm-commitment-to-opec-production-cut-until-2023-end-yx00wov1
China’s involvement in helping Iran and Saudi Arabia re-establish diplomatic ties signals that Beijing will keep buying Iranian oil in defiance of U.S. sanctions. https://on.barrons.com/3JhjbRq
Oil and the Iran-Saudi Accord: Why China Brokered the Deal
https://www.marketwatch.com/articles/iran-and-saudi-arabia-strike-a-diplomatic-deal-it-was-mediated-by-china-f056e311?mod=home-page
Iran & Saudi Arabia to restore diplomatic ties after 7 years, mediated by China. Iran gains power in Middle East while China signals defiance of US sanctions to keep buying Iranian oil. Nuclear program and complications remain. https://www.barrons.com/articles/iran-and-saudi-arabia-strike-a-diplomatic-deal-it-was-mediated-by-china-f056e311?refsec=markets&mod=topics_markets
Oil and the Iran-Saudi Accord: Why China Brokered the Deal https://www.barrons.com/articles/iran-and-saudi-arabia-strike-a-diplomatic-deal-it-was-mediated-by-china-f056e311
Saudi Arabia’s economy can “detach itself” from oil by 2030, Economy Minister Faisal Alibrahim tells CNBC’s @dan_murphy.
‼️🇸🇦🛢️🛢️ Saudi Arabia will stop oil supplies to countries that set a price ceiling on its oil. #SaudiArabia
This was stated by the Minister of Energy of the Kingdom, Prince Abdulaziz bin Salman.
A tough state towards collapse of world order led by U.S. and its allies.
Saudi Arabia no longer has a “breakeven” price for oil. Finance Minister Mohammed Al-Jadaan tells me 35% of the Kingdom’s capital expenditure is already covered by non-oil revenue. @cnbc #oott
As oil prices register their biggest weekly loss so far this year & turmoil in the banking sector engulfs financial markets, #SaudiArabia’s Econ Minister tells @MattMartin128 kingdom “very confident” its mega investment plans will remain on track. https://www.bloomberg.com/news/articles/2023-03-16/saudi-arabia-says-fiscal-expansion-to-balance-out-fed-tightening
Saudi Arabia’s finance minister tells CNBC’s @_HadleyGamble we no longer have a breakeven price when it comes to oil
Saudi Arabia on Saturday put to death two men, including one convicted of attempting to blow up an oil facility.
The second was convicted of forcibly committing an act of sodomy on minors.
🔹Russia 🇷🇺 now supplies around 35% of India’s 🇮🇳 total oil imports, it was at 1% before Feb. 2022. India imported around 1.62 million bpd in February from Russia. These record levels are almost the same as India’s imports from Iraq (940,000 bpd) & Saudi Arabia (648,000 bpd)