Paratus Energy Services Ltd. Announces $65.5 million Receipt from Seabras, $65.3 million Receipt by SeaMex from Pemex, Commitment to Growth and Value Creation for Stakeholders
Hamilton, Bermuda, July 3, 2023 - Paratus Energy Services Ltd. (“Paratus” or “Company”) today announced significant cash receipts, and other business updates on Paratus, its subsidiaries, and associated companies (“Paratus Group”) Updated regarding Seabras Paratus is pleased to announce the receipt of a $65.5 million payment from Seabras Sapura Holding GmbH and related subsidiaries (collectively “Seabras” or “JV”) on account of its 50% shareholder position. This substantial payment represents the culmination of the diligent efforts undertaken by Seabras and the JV shareholders, and