Maersk Drilling sells jack-up rig Maersk Completer

Maersk Drilling has entered into an agreement with a subsidiary of UAE-based Shelf Drilling to sell the jack-up rig Maersk Completer.

The transaction is subject to customary closing conditions, and the rig is expected to be delivered in January 2020.

Maersk Completer was sold for US$38 million in an all-cash transaction. The 2007-built rig has been stacked in Singapore since 2017.