Maersk Drilling offloads ageing jackup

Maersk Drilling offloads ageing jackup

Maersk Drilling has sold jackup rig Mærsk Giant to an Australasian-based independent O&G operator.

Maersk expects the 1986-built rig, which has been stacked in Esbjerg since late 2016, to be delivered to its new owners before the end of 2018

Jesper Ridder Olsen, CFO of Maersk Drilling, commented: “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.”

The rig’s last contract was for a plug and abandonment campaign with Talisman energy at Vard in 2015.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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