Maersk Drilling sells jack-up rig to independent O&G operator

Photo: van den Dool

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 the end of 2018.

Mærsk Giant was delivered in 1986 and is currently stacked in Esbjerg, Denmark. The new owner expects to use the rig for its Australasian operations.

Baird Maritime

Baird Maritime is one of the world's premier maritime publishing houses with headquarters in Melbourne, Australia and a publishing subsidiary in Hong Kong. The group produces two monthly magazines, Ausmarine and Work Boat World and a number of annual publications all focusing on various aspects of the commercial, government and military marine industries. It also presents this maritime portal.