Maersk Drilling has entered into an agreement with a subsidiary of Shelf Drilling, Ltd. to sell the jack-up rig Maersk Completer for USD 38m in an all-cash transaction. The transaction is subject to customary closing conditions, and the rig is expected to be delivered in January 2020.

VesselsValue sounds the alert on MODU values following 2 sales of modern premium jack up units to separate buyers at historic lows.

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