Paratus Energy Services Ltd. (formerly Seadrill New Finance Ltd. or NSNCo) is the holding company of a group of leading energy services companies. The Paratus Group is primarily comprised of its ownership of the SeaMex Group, a 50/50 JV interest in Seabras Sapura, and investments in Archer Ltd.
About SeaMex Group
SeaMex Group (“SeaMex”) is an offshore driller with a fleet of five high-specification jack-up rigs. All of SeaMex’s jack up rigs are currently operating under contract in Mexico. The operations of SeaMex are managed by Seadrill Ltd. pursuant to a management services agreement.
Seadrill Ltd. is a one of the world’s largest offshore drilling contractors, with operations and customers around the globe. For more information about Seadrill Ltd., visit www.seadrill.com
SeaMex is a wholly-owned subsidiary of Paratus.
About Seabras Sapura
Seabras Sapura (“Seabras”) is a leading subsea services company, with a fleet of six pipe-laying supply vessels working as support, installation and flexible pipe laying. All of Seabras’ vessels currently operating under contract in Brazil. Seabras is headquartered in downtown Rio de Janeiro, with additional support have offices in Caxias, Macaé and Vitória.
Seabras is a 50/50 joint venture between Paratus and Sapura Energy Berhad, a global integrated energy services and solutions provider.
For more information about Seabras, visit www.sapura.com.br/en
About Archer Ltd.
Archer Ltd. (“Archer”) is a global oil services company with a heritage that stretches back over 40 years, with a strong focus on safety and delivering the highest quality products and services. Archer operates in 40 locations providing drilling services, well integrity & intervention, plug & abandonment and decommissioning to its upstream oil and gas clients.
Archer is publicly traded on the Oslo Stock Exchange under the ticker ARCH.
Paratus holds a 15.5% ownership interest in Archer, as well as a c. $16 million convertible note.
For more information about Archer, visit www.archerwell.com