Paratus Energy Services Ltd. is a Bermuda-incorporated holding company established in 2018, specializing in investments in international firms delivering essential services to the offshore energy sector. It focuses on subsea engineering and drilling operations through key holdings: a 50% joint venture stake in Seagems, which operates six multi-purpose pipe-laying support vessels providing installation, support, and flexible pipe-laying services primarily under long-term contracts with Petrobras in Brazil; and 100% ownership of Fontis Energy, managing five high-specification jack-up rigs contracted with a major state-owned petroleum company in Mexico for shallow-water drilling. With a diversified fleet of 11 offshore assets, over 1,500 employees across nationalities, and offices in Bermuda, Norway, and the United Kingdom, Paratus Energy Services Ltd. maintains a robust backlog exceeding USD 1.3 billion as of late 2024, high utilization rates near 98%, and a resilient client base of national oil companies. The company emphasizes operational excellence, safety, and strategic growth in competitive oil and gas services markets, including well integrity, decommissioning, and subsea construction.