Kevin Costner’s Tig Prods, is preparing to remake the macabre Norwegian “Head Above Water” as a big-budget movie, to be directed by Costner’s partner Jim Wilson.

The project, scripted by Michael Blake, who won an Oscar for “Dances With Wolves,” will be unveiled at the American Film Market by London-based Majestic Films, which is co-producing the pic and selling foreign rights.

It’s the tale of a couple who are vacationing on an island when the woman’s ex-boyfriend turns up and then dies in mysterious circumstances, sparking a Hitchcockian plot of twists, turns and shocks.

The Norwegian original, which has been sold by Majestic to several countries, was directed by Nils Gaup, who debuted with the critically acclaimed “Pathfinder.” Tig’s U.S. version is due to start shooting in June.

Also new to Majestic’s slate is “Nickel and Dime,” the first film to emerge from the joint venture between Majestic, its majority shareholder RCS of Italy, and Hollywood producer Trilogy Entertainment.

Based on a story by Trilogy’s Pen Densham, it is a buddy comedy about a man who inherits a elephant and their adventures traveling across country. The $40 million project has been co-developed with UA, which has domestic rights. Howard Franklin will helm, and production bows in April. Script is by Garry Williams and Roy Blount Jr.

“The Rake’s Progress,” a long-in-the-works Majestic project based on William Hogarth’s series of 18th-century paintings, is ready for production in July. Bob Bierman will direct the pic, scripted by Charles Wood and Shawn Slovo and produced by Andy Karsh.

Casting has yet to be finalized, but Majestic CEO Guy East said the likely stars include John Malkovich, Isabella Rossellini, Kevin Kline, Richard Harris, Richard E. Grant and Julian Sands. No domestic deal is yet in place.

“Dietrich,” unveiled at last October’s Mifed, is heading before the cameras in May. Directed by Louis Malle and produced by Vincent Malle, the biopic stars Uma Thurman and is scripted by John Guare.

Majestic also will be tying up loose ends on three films that have just been completed or are just about to be: “August,” the directorial debut of Anthony Hopkins, who also stars; “My Family,” a co-production with American Zoetrope directed by Gregory Nava, which premiered at last month’s Sundance Film Festival; and “Jane Eyre,” a co-prod with Miramax.