Press release

Maersk Drilling sells jack-up Mærsk Giant to an Independent O&G Operator

Maersk Drilling sells jack-up Mærsk Giant to an Independent O&G Operator

Maersk Drilling has entered into an agreement to sell the jack-up rig Mærsk Giant to an Australasian-based independent O&G operator. The transaction is expected to close before end of 2018.

Mærsk Giant was delivered in 1986, and the rig is currently stacked in Esbjerg, Denmark. The new owners expect to use the rig for their Australasian operations.

“The sale is part of our fleet optimization in line with our strategic priority of maintaining a fleet of modern, high-quality assets. Given the limited prospects for Mærsk Giant, we believe a sale creates the highest shareholder value”, says Jesper Ridder Olsen, CFO of Maersk Drilling.    

In 2015, Maersk Drilling decommissioned the jack-up Maersk Endurer (delivered in 1984), and in 2016, Maersk Drilling converted the jack-up Maersk Guardian (delivered in 1986) from a drilling rig to an accommodation rig. 

Contact

Kristoffer Apollo
Kristoffer Apollo
Head of Media Relations

Read more

Maersk Intrepid
Maersk Drilling secures extended well intervention scope for low-emission rig
Maersk Developer 3 (1)
Maersk Drilling awarded two-well contract extension in Brazil
Maersk Intrepid
Maersk Drilling adds well intervention scope for low-emission rig with Equinor
Maersk Resolve 1225 0289 Zoom
Maersk Drilling awarded one-well UK contract by INEOS
Gallant.jpg
Maersk Drilling divesting jack-ups Maersk Guardian and Mærsk Gallant