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The Rig
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Local Name:
Budget:
$5B
Announced:
16 Oct 2021
Construction Start:
2022
Opening:
unknown
Area:
Developer:
Oil Park Development Company
Operator:
Designers:
Contractors:
Ride Suppliers:
Other Suppliers:
  1. RayanAlgerian is offline New User
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    This is a new concept. I really hope that this does not fail. Does this project have a projected completion date yet?

  2. Michael is offline themeparX Top Investigator
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    The Oil Park Development Company (OPDC), a closed joint stock company wholly owned by the Public Investment Fund (PIF), and developer of THE RIG. unveiled today the ambitious vision for adventure tourism with the launch of THE RIG. Masterplan, set to redefine the tourism landscape, according to a press release from the OPDC.

    This is in line with PIF’s strategy and objectives laid down in Saudi Arabia's Vision 2030, seeking to drive tourism sector growth, create employment opportunities for local talent, attract investment, and diversify the economy.

    THE RIG. CEO Raed Bakhrji said that the hospitality and adventure experience will "span a gross floor area of over 300,000 square meters, located 40km from the coastline, near Al Juraid Island and Berri Oil Field in the Arabian Gulf", and that "THE RIG. is expected to attract over 900,000 annual visitors by 2032, appealing to a wide range of domestic, regional, and international audiences, including adrenaline seekers, explorers, balanced holiday makers, and relaxation seekers".

    According to Bakhrji, the range of hospitality, leisure, entertainment, and accommodation options provided by THE RIG. includes three hotels totaling 800 rooms, 11 restaurants, an extreme sports and adventure park, a world-class marina, and helipads.

    THE RIG. will feature a wide variety of water activities, including a diving center, an amusement park, a splash park, an E-sports center, an immersive theater and a multi-purpose arena.
    He said that THE RIG. takes inspiration from offshore oil platforms, thus celebrating Saudi Arabia's oil and gas legacy, and "creating an exceptional and unique experience" that makes it "a must-visit destination".







    Frequently Asked Questions:

    What is THE RIG.?

    THE RIG. is a world-first adventure tourism destination inspired by oil platforms to celebrate the legacy and history of Saudi Arabia’s long oil and gas heritage. The one-of-a-kind hospitality and adventure experience will be built 40km from the shoreline in the Arabian Gulf, with a gross floor area of over 300,000 square meters.

    Are all platforms of THE RIG. project based on decommissioned, repurposed platforms?

    THE RIG. consist of decommissioned and newly built platforms, whose concept and model are inspired by offshore oil platforms.

    Who is developing THE RIG. and why?

    Oil Park Development Company (OPDC) is developing THE RIG. OPDC is a closed joint stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia. The project aims to create new horizons for adventure tourism. It is expected to create collaboration opportunities with stakeholders from both the public and private sectors in the Kingdom and internationally. Additionally, THE RIG. Project will enhance Saudi Arabia’s position as a leading tourist destination that offers unique tourism experiences while also creating job opportunities and improving the quality of life in the Eastern Province.

    Why was OPDC formed?

    OPDC was established in line with the PIF Strategy 2021-2025 to diversify and enrich the Kingdom’s tourism and entertainment experiences, increase tourism and entertainment investment, and diversify the economy.

    Who does THE RIG. Cater for?

    The RIG. Will seek to attract more than 900,000 visitors by 2032 and will target extreme sports and adventure lovers, those interested in oil and gas heritage, yachting and cruise line tourists, families, and relaxation seekers.

    Will THE RIG. Target domestic or international tourists?

    THE RIG. Is intended to be a tourism and entertainment destination that acts as a seasonal destination for short holidays, weekends, and day trips, attracting visitors from around the world. There is a special focus on the citizens and residents of the Kingdom and the Gulf Cooperation Council (GCC) countries, as it is expected that visitors from Saudi Arabia and neighboring countries will constitute 70 percent of the total number of visitors.

    What are the outdoor sports and leisure activities offered?

    THE RIG. will include around 72 entertainment and attraction offerings, including a water activities center, an extreme sports & adventure park, an amusement park, and a diving center.

    Are the sports and leisure activities only extreme and outdoor?

    THE RIG. Will include indoor activities, retail shops, a cinema, a kid's center, a multi-purpose arena, an edutainment platform, and an E-sport center.

    How many people can THE RIG. cater for in one day?

    Peak visitor numbers are estimated to be more than 10,000 per day during the peak season.

    Where is THE RIG. expecting its visitors to come from?

    Domestic and regional visitors will make up 70% of the footfall, with 30% of visitors expected to come from international markets.

    Is THE RIG. going to take steps to protect the environment that it is operating in?

    Commitment to the protection of the environment is a top priority for the project. THE RIG. is being developed to the highest international standards to maximize positive environmental impact, empower communities, facilitate eco-experiences, and operate responsibly.

    How do people get to THE RIG.?

    THE RIG. will be accessible through unique means of transportation, including fast ferries, private yachts, helicopters, and seaplanes. Terminals will be built on the mainland to manage and operate the fast ferries, helicopters, and seaplanes. Cruise Lines will also be able to anchor nearby with tenders taking visitors to and from THE RIG.
    Sources: https://www.spa.gov.sa/en/w2030533 and https://therig.sa/press/

  3. Michael is offline themeparX Top Investigator
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    Today, in Ras Al Khair, the Senior Vice President of Corporate Services for the International Maritime Industries, Eng. Emad Al-Humam, met with CEO of “The Rig” project, Eng. Raed Bukherji, to discuss and build opportunities for cooperation and business relationship.




    Source: https://twitter.com/IMI_Maritime/status/1729515276612358313/







  4. Michael is offline themeparX Top Investigator
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  5. Michael is offline themeparX Top Investigator
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  6. Michael is offline themeparX Top Investigator
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    Oil Park Development Company (OPDC), a subsidiary of Saudi Arabia’s sovereign wealth arm Public Investment Fund (PIF), has reportedly sought request for proposals (RFP) from global oil and gas contractors for the mammoth offshore tourism project, dubbed The Rig, according to Upstream.
    Tenders will progress in a similar manner to those issued for oil and gas projects, beginning with engineering studies, moving to front-end engineering and design (FEED), and then engineering, procurement and construction (EPC).

    One source cited by the publication suggested the total work on offer could exceed $5 billion in value, with PIF pushing for commissioning within a very tight 27-30 month period.

    Another said the project could involve up to four bridge-linked offshore platforms, potentially requiring more than 200,000 tonnes of offshore fabrication.
    Source: https://www.energyvoice.com/oilandgas/408368/first-tenders-floated-for-saudis-5bn-rig-theme-park/

  7. I love the Ferris Wheel that will almost certainly be submerged during a storm.

  8. Finally an entirely new theme park concept!

  9. Michael is offline themeparX Top Investigator
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    The Public Investment Fund (PIF) announced today the launch of “THE RIG.”, a new tourism project. Inspired by offshore oil platforms, “THE RIG.” will be located in the Arabian Gulf and will span a combined total area of more than 150,000 square meters and provide a multitude of hospitality offerings, adventures, and aquatic sporting experiences.

    “THE RIG.” is a project in the tourism and entertainment sector, one of PIF’s key strategic sectors, and is expected to be a significant value-add to the local economy. Additionally, to ensure the sustainable preservation of the environment in the project’s vicinity, the project will follow leading global standards and best practices, further supporting the Kingdom’s broader efforts on environmental protection.

    This project is a unique tourism attraction, expected to attract tourists from around the world, while being especially popular with citizens and residents of the GCC countries in the region.

    “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.
    Project location: Near Al-Jarid Island, the Arabian Gulf - Kingdom of Saudi Arabia

    Website: www.therig.sa

    - THE RIG. Project is wholly owned by the Public Investment Fund (PIF). It aims to develop an unprecedented tourism destination on platforms inspired by offshore oil platforms. THE RIG. Will be located in the Arabia Gulf and will offer various hospitality and accommodation options, along with adventure and extreme sports activities, both above and below the sea.

    - THE RIG. will be located in the Arabian Gulf near Al-Juraid Island, occupying an area of over 150,000 square meters. The launch of THE RIG. Sits within PIF’s investment strategy, where the goals of “Saudi Vision 2030” aims to develop a robust tourism and entertainment offering.

    - The project boasts 3 hotels with a total of 800 rooms, 11 restaurants, an extreme sports center, a world-class marina and helipads.

    - The RIG. will seek to attract 650,000 tourists per annum by 2030, and will target adventure, extreme sports enthusiasts, and cruise liners from all over the world with a focus on citizens and residents of GCC countries.

    - The RIG will offer local and international investment opportunities in the form of public and private partnerships, and will also provide numerous training opportunities to develop national talents and create direct and indirect job opportunities.

    - Commitment to the protecting the environment is a top priority for the project. To achieve this goal, The RIG. will create an organizational framework that observes and respects global practice with regards to sustainability and conservation with a view to setting new global benchmarks around the further development and preservation of the environment.

    How to access the area - nearest airport / trip duration / transportation:

    Nearest airport: King Fahd International Airport - Dammam, Saudi Arabia
    Flight time from Riyadh to Dammam: 40 minutes
    Journey time from Dammam Sea port to the project site: About 90 minutes by boat
    Journey time from King Fahd International Airport to Jubail: 60 minutes by car. From Jubail sea port to the project site: About 30 minutes by boat.
    What is THE RIG.?
    THE RIG. is one of the Public Investment Fund’s key projects. It is an unprecedented tourism destination entirely built on offshore oil platforms. It will be located in the waters of the Arabian Gulf, around 40 km from the land, near Al-Jurid Island, in the Kingdom of Saudi Arabia, occupying an area of over 150,000 square meters.

    When will THE RIG. open?
    Construction will start in Q2 2022.

    How does THE RIG. support the objectives of Saudi Vision 2030?
    THE RIG. is aligned with the objectives of Saudi Vision 2030, in terms of enhancing the tourism and entertainment sectors in KSA and the Eastern Region in particular. It will generate training opportunities to develop national talents and avail direct and indirect job opportunities in the Kingdom. The project aims to enhance quality of life by fostering an environment that encourages the participation of citizens, residents and visitors. THE RIG. will contribute to establishing the Kingdom as an international tourism hub, via attracting visitors from around the globe, and availing strong investment opportunities, both locally and internationally.

    What are the main objectives of THE RIG.?
    THE RIG. is a first-of-its-kind project that aims to create an unprecedented tourism destination which celebrates The Kingdom’s long-standing oil heritage and leadership position in the oil and gas sector. The project offer multiple hotels and accommodation options, in addition to numerous events and extreme sports above and below the sea for adventure enthusiasts. The project plays a vital role in the Kingdom’s efforts to protect the environment, via laying the ground for a regulatory framework to protect the environment in the area.

    What are the key experiences that will be offered at THE RIG.?
    The project reflects the emphasis on developing the tourism and entertainment sectors in the Kingdom. It features 3 hotels with a total of 800 rooms, 11 restaurants, an extreme sports center, a world-class marina and a helipad.

    Who is THE RIG.’s target audience?
    The RIG. will seek to attract 650,000 tourists per annum by 2030 and will target adventure enthusiasts and cruise liners from all over the world with a focus on citizens and residents of GCC countries, for an unprecedented marine experience globally. The project will create collaboration opportunities for stakeholders from both the public and private sectors in the Kingdsom and internationally.

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