Scheduledfor delivery in the second quarter of 2016, the newbuilding will be built basedon the Friede & Goldman JU 2000E design.

Upon delivery, the rig will be chartered out to MaerskOil and Gas for deployment in the UK sector of the North Sea.

The new rig isdesigned to operate in waters of 400ft and drill as deep as 30,000ft. It isequipped to accommodate 150 workers.

William