Seabras Secures New Contracts for 6 PLSVs, Bolstering Backlog by $1.8 Billion
Hamilton, Bermuda, May 10, 2024 - Paratus Energy Services Ltd. (“Paratus” or the “Company”) is pleased to announce that certain wholly owned entities of Seabras Sapura Holding GmbH and Seabras Sapura Participações S.A. (collectively, “Seabras” or “JV”) have successfully been awarded contracts for its full fleet of six multi-purpose pipe-laying support vessels (“PLSV”) as part of a competitive Petrobras tender process. This achievement is set to bolster Seabras’ backlog by approximately $1.8 billion. Following the award of these contracts, Seabras’ backlog stands at approximately $2.1