Offshore drilling contractor Constellation has secured two new contracts with Petrobras, worth $1 billion, for the deployment of two ultra-deepwater drillships - Laguna Star, part of Constellation's fleet, and Tidal Action, a newbuild rig, owned by Hanwha Drilling – at the Roncador field in the Campos Basin. The contracts are set to enhance local employment by generating a total of 250 new jobs and preserving an additional 250, according to Constellation. The agreements totalize $1 billion, which includes all mobilization fees, extension option clause and additional services requested by Petrobras. The Laguna Star and Tidal Action rigs will operate under the contracts for approximately 2.5 years each, starting in the third quarter of 2025. Laguna Star, currently operating under an existing contract with Petrobras, will complete its current term in the first half of 2025.