Disclosure of Large Shareholding Announcement by Archer Limited
Paratus Energy invests in international companies that provide services to the offshore energy industry. Current holdings include Seagems (50%), Fontis Energy (100%), and Archer Ltd (24%).
A fleet of 11 offshore assets
Paratus Energy holds a 50% JV interest in Seagems, a subsea engineering company with six multi-purpose pipe-laying support vessels.
Paratus also owns and operates five high-specification jack-ups through its 100% ownership of Fontis Energy.
The full Paratus fleet is diversified and advanced, and capable of performing complex operations within its segments.
Key Numbers
2018
Year founded
Officially established in 2018, our company builds on decades of offshore experience and industry expertise.
1.5K+
Employees
Our main holdings Seagems and Fontis Energy employ more than 1,500 people from multiple nationalities.
3
Offices
We are headquartered in Bermuda, with management offices in Norway and the United Kingdom.
Long term contracts, resilient client base
All assets are on contracts with national oil companies in Brazil and Mexico. These are customers that have long term experience with our Group's sustained ability to deliver excellent client service and maintain operational safety.