The drillship was originally ordered by Ocean Rig in 2014. After agreeing on the newbuild rig delivery delays with Samsung in 2016, the drilling firm was then bought by Transocean in 2018, and Transocean then in 2019 canceled orders for two drillships originally ordered by Ocean Rig - the Ocean Rig Santorini and Ocean Rig Crete. According to Korea Herald, the sale for the price for the drillship is $245 million. Samsung Heavy said the buyer must confirm the delivery date by mid-October, 2022, or risk losing the $15 million deposit given to Samsung. Samsung said the sale would reduce maintenance costs and bolster its liquidity. To remind, Samsung Heavy Industries back in June signed a charter deal with Saipem for the first of the two drillships - the Santorini, with an option to buy. The drillship was delivered to Saipem last month.