BusinessWire) QGOG Constellation S.A. (“QGOG Constellation” or the “Company”) today announced the subscription by Capital International Private Equity Fund VI, L.P. and its parallel employee vehicle (collectively, “CIPEF VI”) and the Queiroz Galvão family of the Company’s common shares for an aggregate amount of US$300 million, consisting of US$250 million from CIPEF VI, contributed today, and US$50 million from the Queiroz Galvão family, which will be contributed by mid- September.

The proceeds from this equity contribution will be used to fund current and new investments, held directly or indirectly by QGOG Constellation, including Brava Star, a state-of-the-art ultra-deepwater drillship under construction by SHI (Samsung Heavy Industries), with estimated delivery by December 2014.

QGOG Constellation owns a fleet of twelve offshore rigs, nine ultra-deepwater rigs of which four are under construction (three in partnership with Sete Brasil), one deepwater rig and two midwater rigs. In addition, the Company owns nine onshore rigs and holds partnerships in six FPSOs.

This press release is neither an offer to sell nor the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.