COPENHAGEN, Denmark, May 27 (UPI) -- Maersk Drilling said Friday it acquired a rig designed for harsh environments from struggling rival Hercules Offshore for deployment in the North Sea.
Maersk entered into an agreement with a Hercules subsidiary to acquire the harsh environment jack-up rig Hercules Highlander. The rig will move immediately from its shipyard in Singapore to start a five-year drilling program in the North Sea in a deal with BP and Japanese company JX Nippon.