Floating Deep Sea Oil Rig. The World is running out of oil. But new Megastructures could unlock the planet’s last reserves. The PIONEER a floating oil rig. She’s designed to reach deep sea oil in waters too treacherous for traditional rigs. She’s built to survive savage storms and engineered to escape devastating waves. She’ll go deeper than ever before, to tap oil wells over two and half kilometers beneath the sea. But the PIONEER is much more than a stateoftheart floating super rig. She’s the ultimate recycling project, built from an ageing tanker,at a price tag of 600 million dollars. If the PIONEER’s makeover succeeds, it could unlock perhaps a billion barrels of oil. If it fails, it could be catastrophic.

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