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Mærsk Giant has been sold to the LOTOS Petrobaltic Group. Its new owners have decided to use the rig for drilling in the Baltic Sea, for jobs involving the LOTOS Petrobaltic Group and other contracting parties. CEO of Maersk Drilling said, “After reviewing different options, we believe that a sale of Giant creates the highest shareholder value". And this sale is a part of the company's fleet optimization process.