Constellation Oil Services Holding S.A. has marked a significant milestone by making its debut on Euronext Growth Oslo. This move, the eighth listing on Euronext this year, highlights the company’s growing presence in the international market. Constellation, a major player in offshore drilling based in Brazil, operates a fleet of seven rigs, including six ultra-deepwater rigs, solidifying its position as the largest ultra-deepwater driller contractor in Brazil with a substantial 22% market share.

The listing, occurring on Euronext Oslo Børs, follows Constellation’s successful recapitalization in December 2024. Notably, the company did not seek additional capital through this listing. The reference price for Constellation was set at NOK 5.34, translating to a market capitalization of approximately NOK 8.1 billion. This listing signifies investor confidence in Constellation’s business model, operational efficiency, and cash generation capabilities.

Rodrigo Ribeiro, the CEO of Constellation, expressed his enthusiasm about the listing on Euronext Growth Oslo, emphasizing its importance as a testament to the trust investors have in the company’s strategic direction. With a substantial backlog of around $2.1 billion USD, Constellation is well-positioned for sustainable growth and financial stability.

During a celebratory bell-ringing ceremony to mark Constellation Oil Services Holding S.A.’s first day of trading on Euronext Growth Oslo, Rodrigo Ribeiro was joined by Øivind Amundsen, CEO of Euronext Oslo Børs. This event symbolized Constellation’s official entry into the Euronext platform and its commitment to further expansion and development.

Constellation Oil Services Holding S.A., a prominent offshore drilling contractor, has a strong focus on the Brazilian market. With a 45-year track record, the company has established itself as a key player in Brazil’s offshore drilling sector. Operating under the laws of Luxembourg, Constellation’s listing on Euronext Growth Oslo opens up new avenues for growth and investment opportunities.

As Euronext continues to attract diverse listings, Constellation’s presence on this platform underscores Euronext’s status as a premier venue for international companies seeking growth opportunities. The successful listing of Constellation Oil Services Holding S.A. on Euronext Growth Oslo not only enhances the company’s visibility but also showcases Euronext as a trusted partner for companies looking to expand their investor base and reach new markets.