The 2024 Deepwater Brazil Special Report provides an overview of technology trends, project updates, key players and a market outlook for the oil and gas operations offshore Brazil. Download the (FREE) e-book.
Constellation Oil Services has announced the extension of the current contract for its Atlantic Star semisubmersible rig with Petrobras, for an additional period of up to 301 days.
This extension will increase the original contract value for up to $61 million and confirms the continuity of the operations that began in 2021.
In recent years, the unit has primarily been used for well decommissioning (P&A) activities, focused on the Congro, Malhado and Albacora fields, at water depths ranging from 270 to 540 m in the Campos Basin.
During the extension period, the rig is expected to continue performing the same type of services.
About a week ago, Constellation announced another award of a new contract with Petrobras. The contract, for the charter of the Amaralina Star drillship, will last for three years, starting in the first quarter of 2026 and may be extended for about 1 year. This was the fourth contract Constellation won from Petrobras in 2024.
