Paratus Energy Services Ltd. (U6N)

Overview

Paratus Energy Services Ltd. is a distinguished entity in the offshore oil and gas industry, primarily engaged in the ownership and management of jack-up drilling rigs, with a significant presence in Mexico. Founded in 2018 and headquartered in Hamilton, Bermuda, the company has rapidly expanded its operations to cater to the demanding sectors of subsea engineering and pipe-laying across key global markets, particularly in Brazil. Paratus Energy Services leverages its state-of-the-art technology and extensive industry expertise to deliver comprehensive solutions across its operational domains, fostering a sustainable and profitable business model.

Products and Services

• Jack-up Drilling Rigs:

  Paratus Energy Services Ltd. owns and manages advanced jack-up drilling rigs under contracts in Mexico. These rigs are pivotal for exploratory and developmental drilling in offshore oil and gas fields, ensuring efficient and safe operations through their robust design and cutting-edge technology.

• Pipe-Laying Support Vessels (PLSV):

  Operating under contracts in Brazil, the company provides specialized vessels for pipe-laying activities necessary for the construction and maintenance of subsea pipelines. These vessels are equipped with dynamic positioning systems and state-of-the-art pipe-laying equipment, facilitating the secure and precise installation of pipelines.

• Subsea Engineering and Installation Services:

  Paratus Energy Services offers a comprehensive suite of subsea engineering, installation, and other related services. This encompasses the entire spectrum of subsea field development, from the initial design and construction phases through to maintenance and repair operations, employing advanced technologies and methodologies to deliver efficient, reliable solutions.