#Paratus Energy #Norway #Oslo #Fontis Energy #2024 Annual Report

Paratus Energy Services Ltd. Publishes its 2024 Annual Report

Paratus Energy Services Ltd., a prominent name in the energy sector, has proudly announced the release of its 2024 Annual Report. This document is a pivotal representation of the company's achievements and emphasizes its ongoing commitment to excellence in the energy services sector.

The 2024 Annual Report is accessible in both PDF and XHTML formats, ensuring that all stakeholders can engage with the information seamlessly. The report can be found on Paratus's official website, providing an easily accessible platform for investors, employees, and the general public to review. This release shows Paratus’s commitment to transparency and effective communication of its operational results.

About Paratus Energy Services Ltd.

Paratus Energy Services Ltd., listed on Oslo under the ticker PLSV, operates as a holding entity for an array of leading energy services companies. Notably, it holds significant shares in Fontis Energy, an offshore drilling firm recognized for its fleet of five high-specification jack-up rigs contracted in Mexico, and a 50/50 joint venture interest in Seagems. Seagems specializes in subsea services and maintains a fleet of six multi-purpose pipe-laying support vessels engaged in substantial contracts throughout Brazil.

In addition, Paratus boasts being the largest stakeholder in Archer Ltd., a widespread oil services company traded on the Euronext Oslo Børs. This diverse portfolio not only underscores Paratus's strong market presence but also its strategic positioning in the global energy landscape.

Key Highlights of the 2024 Annual Report

The 2024 Annual Report encapsulates not only the financial performance indicators but also detailed accounts of the projects undertaken and milestones achieved by the group throughout the year. The document serves as a vital tool for stakeholders to assess the company's direction, operational success, and strategic initiatives for future growth.

Moreover, it outlines significant investments and partnerships that reinforce Paratus's status in the industry. By detailing operational successes and how these have been leveraged to enhance the company’s capabilities, the report provides valuable insights into future operational strategies.

Future Outlook

As the global energy landscape continues to evolve, Paratus Energy Services Ltd. is well-positioned to seize new opportunities and navigate challenges. The leadership team's strategic vision aims to sustain competitiveness while adapting to changes in market demands and technological advancements. The 2024 Annual Report reflects this vision and commitment to continuous improvement and innovation.

For additional inquiries or further information regarding the 2024 Annual Report, stakeholders can contact Baton Haxhimehmedi, CFO, at +47 406 39 083 or via email.

In conclusion, the publication of the 2024 Annual Report marks a significant milestone for Paratus Energy Services. It not only showcases the achievements of the past but also sets the tone for a promising future, further solidifying its position in the energy services sector.