{"id":77641,"date":"2026-04-02T09:25:38","date_gmt":"2026-04-02T14:25:38","guid":{"rendered":"https:\/\/drillingcontractor.org\/?p=77641"},"modified":"2026-04-02T09:25:38","modified_gmt":"2026-04-02T14:25:38","slug":"constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs","status":"publish","type":"post","link":"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641","title":{"rendered":"Constellation secures $1.1 billion in Petrobras contract extensions for three rigs"},"content":{"rendered":"<p>Constellation secured contract extensions with Petrobras totaling approximately $1.1 billion in additional backlog for three rigs operating offshore Brazil.<\/p>\n<p>The extensions cover the ultra-deepwater drillship Brava Star and the ultra-deepwater semisubmersibles Gold Star and Alpha Star, adding nearly 10 years of combined contract coverage. The agreements increase Constellation&#8217;s total backlog by 67% to approximately $2.8 billion through 2030.<\/p>\n<p>Petrobras extended the Brava Star charter by four years through December 2030 for $569 million. The rig will continue development drilling at the B&uacute;zios field and will receive a managed pressure drilling equipment upgrade beginning in 2027.<\/p>\n<p>The Gold Star and Alpha Star each received extensions of two years and 10 months through December 2028, contributing $266 million and $300 million in additional backlog, respectively. All three extensions are in direct continuation of the rigs&#8217; current contracts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Constellation secured contract extensions with Petrobras totaling approximately $1.1 billion in additional backlog for three rigs operating offshore Brazil. The extensions cover the ultra-deepwater drillship Brava Star and the ultra-deepwater semisubmersibles Gold Star and Alpha Star, adding nearly 10 years of combined contract coverage. The agreements increase Constellation&#8217;s total backlog by 67% to approximately $2.8 &hellip;<\/p>\n","protected":false},"author":28,"featured_media":68815,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,53],"tags":[],"class_list":["post-77641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-os"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Constellation secures $1.1 billion in Petrobras contract extensions for three rigs - Drilling Contractor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Constellation secures $1.1 billion in Petrobras contract extensions for three rigs - Drilling Contractor\" \/>\n<meta property=\"og:description\" content=\"Constellation secured contract extensions with Petrobras totaling approximately $1.1 billion in additional backlog for three rigs operating offshore Brazil. The extensions cover the ultra-deepwater drillship Brava Star and the ultra-deepwater semisubmersibles Gold Star and Alpha Star, adding nearly 10 years of combined contract coverage. The agreements increase Constellation&#8217;s total backlog by 67% to approximately $2.8 &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641\" \/>\n<meta property=\"og:site_name\" content=\"Drilling Contractor\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Drilling-Contractor-Magazine\/112140675010\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-02T14:25:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/drillingcontractor.org\/wp-content\/uploads\/2024\/04\/Brava-Star-2-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1918\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editorial Assistant\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DC_Magazine\" \/>\n<meta name=\"twitter:site\" content=\"@DC_Magazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial Assistant\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641#article\",\"isPartOf\":{\"@id\":\"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641\"},\"author\":{\"name\":\"Editorial Assistant\",\"@id\":\"https:\/\/drillingcontractor.org\/#\/schema\/person\/a76238a4635eac72dfda8896f704e759\"},\"headline\":\"Constellation secures $1.1 billion in Petrobras contract extensions for three rigs\",\"datePublished\":\"2026-04-02T14:25:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641\"},\"wordCount\":134,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/drillingcontractor.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641#primaryimage\"},\"thumbnailUrl\":\"https:\/\/drillingcontractor.org\/wp-content\/uploads\/2024\/04\/Brava-Star-2-scaled.jpg\",\"articleSection\":[\"News\",\"The Offshore Frontier\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641\",\"url\":\"https:\/\/drillingcontractor.org\/constellation-secures-1-1-billion-in-petrobras-contract-extensions-for-three-rigs-77641\",\"name\":\"Constellation secures $1.1 billion in Petrobras contract extensions for three rigs - 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