Two-year contracts for Constellation’s semi-sub trio

The Brazilian offshore drilling firm Constellation has been awarded three new contracts with Petrobras for its offshore drilling rigs.

Gold Star / Image source: Keppel

Constellation said Monday that Petrobras had hired its three ultra-deepwater semi-submersible drilling rigs Alpha Star, Gold Star, and Lone Star. The contracts are for two years each. All three rigs entered service in the 2010-2011 period.

While Constellation did not provide the financial details of the contracts, Norwegian rig broker Bassoe Offshore has estimated the dayrate to be around $155,000 for each contract.

Petrobras will use the rigs for drilling activities offshore of Brazil. Operations under each contract are expected to begin by January 2020.

The news of the contracts for the rig trio comes two weeks after Petrobras had hired Constellation’s Laguna Star rig on a two-year deal.

Commenting on new contracts, Guilherme Lima, CEO of Constellation, said: “Securing these three contracts, together with the recently announced contract for Laguna Star, is a remarkable achievement for the company. Petrobras is a key player in the Brazilian market, and this reinforces the long-standing partnership our companies have built over the years.”

He said that with Constellation’s Brava Star and Olinda Star rigs also under contract, “a substantial majority of our fleet is currently under contract.”

Offshore Energy Today Staff


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

uAlso, if you’re interested in showcasing your company, product, or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply