Constellation drillship lands three-year gig with Petrobras

Brazilian drilling contractor Constellation Oil Services has been awarded a three-year contract for a drillship from compatriot oil company Petrobras.

Constellation said on Tuesday that the drillship Laguna Star was awarded a contract with Petrobras for a duration of 1,095 days with operations on the Brazilian coast expected to start in January 2022.

The rig owner added that the contract also includes integrated services as well as the use of the Managed Pressure Drilling (MPD) system.

The drillship’s previous contract with Petrobras – with an estimated day rate of $155,000 – was signed back in July 2019. Operations under that two-year contract started in October of the same year.

The contract was for operations at Petrobras’ BM-S-11 block in the pre-salt areas of the Santos Basin.

The 2012-built 6th generation Laguna Star is an ultra-deepwater DP drillship constructed at Samsung Heavy Industries’ shipyard in South Korea. The vessel is capable of drilling in water depths of up to 10,000 feet and has a drilling depth capacity of up to 40,000 feet.