Paratus Energy Services provides a trading update for Q1 2024
Hamilton, Bermuda, May 24, 2024 - Paratus Energy Services Ltd. (“Paratus” or the “Company”) today announced a trading update for the first quarter 2024 and updates on Paratus, its subsidiaries and associated companies (“Paratus Group” or the “Group”). Company overview Paratus Energy Services Ltd. is the holding company of a group of leading energy services companies. The Group is primarily comprised of its wholly-owned subsidiary Fontis Energy, a 50/50 JV interest in Seabras (equity accounted), and a 24% ownership interest in Archer Ltd. (equity accounted). 1. Key Highlights ·