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.
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