
Iran War Lifts Latin America Offshore Appeal
Latin America is gaining appeal for offshore drilling as the Iran war reshapes market risk views, with Constellation Oil Services Holding SA pointing to Brazil as a stable deepwater market.

Latin America is gaining appeal for offshore drilling as the Iran war reshapes market risk views, with Constellation Oil Services Holding SA pointing to Brazil as a stable deepwater market.

Constellation Oil Services added about $1.1 billion to backlog after renegotiating three rig contracts with Petrobras, extending work for Brava Star, Gold Star, and Alpha Star through 2028 and 2030.
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