http://new.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Fri, 28 Aug 2026 01:37:00 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://new.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Key+Information+Relating+to+Q2+2026+Cash+Dividend/26991915.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>Aug. 28, 2026</chron></span> /PRNewswire/ -- Reference is made to the announcement by Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") today that the Board of Directors has approved a cash dividend to shareholders as specified below.</p> <ul type="disc"><li>Dividend amount: <money>USD 0.22</money> (approximately <money>NOK 2.05</money>) per share</li><li>Declared currency: USD</li><li>Last day including right: <chron>September 2, 2026</chron></li><li>Ex-date: <chron>September 3, 2026</chron></li><li>Record date: <chron>September 4, 2026</chron></li><li>Payment date: <chron>September 11, 2026</chron></li><li>Date of approval: <chron>August 27, 2026</chron></li></ul><p>Payment of cash dividend to shareholders holding shares outside the Euronext Securities Oslo/VPS will be handled manually.</p><p>This information is subject to the http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Key+Information+Relating+to+Q2+2026+Cash+Dividend/26991915.html Fri, 28 Aug 2026 01:37:00 -0400 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Key+Information+Relating+to+Q2+2026+Cash+Dividend/26991915.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>Aug. 28, 2026</chron></span> /PRNewswire/ -- Reference is made to the announcement by Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") today that the Board of Directors has approved a cash dividend to shareholders as specified below.</p> <ul type="disc"><li>Dividend amount: <money>USD 0.22</money> (approximately <money>NOK 2.05</money>) per share</li><li>Declared currency: USD</li><li>Last day including right: <chron>September 2, 2026</chron></li><li>Ex-date: <chron>September 3, 2026</chron></li><li>Record date: <chron>September 4, 2026</chron></li><li>Payment date: <chron>September 11, 2026</chron></li><li>Date of approval: <chron>August 27, 2026</chron></li></ul><p>Payment of cash dividend to shareholders holding shares outside the Euronext Securities Oslo/VPS will be handled manually.</p><p>This information is subject to the http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Key+Information+Relating+to+Q2+2026+Cash+Dividend/26991915.html Fri, 28 Aug 2026 01:37:00 -0400 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Q2+2026+Results/26991914.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>August 28, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. <span>(OSLO: PLSV)</span> ("Paratus" or the "Company") today reported operational and financial results for the second quarter of 2026, highlighted by <money>$71 million</money> in combined segment revenues and <money>$42 million</money> in adjusted EBITDA, from continuing operations. The Company and its ownership in Seagems ended the quarter with <money>$148 million</money> in cash and a net debt balance of <money>$282 million</money> (1.6x leverage) pro forma for the <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis</span> transaction.</p> <p>Paratus is pleased to announce that its Board of Directors (the "Board") has authorized a quarterly http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Q2+2026+Results/26991914.html Fri, 28 Aug 2026 01:36:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Q2+2026+Results/26991914.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>August 28, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. <span>(OSLO: PLSV)</span> ("Paratus" or the "Company") today reported operational and financial results for the second quarter of 2026, highlighted by <money>$71 million</money> in combined segment revenues and <money>$42 million</money> in adjusted EBITDA, from continuing operations. The Company and its ownership in Seagems ended the quarter with <money>$148 million</money> in cash and a net debt balance of <money>$282 million</money> (1.6x leverage) pro forma for the <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis</span> transaction.</p> <p>Paratus is pleased to announce that its Board of Directors (the "Board") has authorized a quarterly http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Q2+2026+Results/26991914.html Fri, 28 Aug 2026 01:36:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Q2+2026+Results/26991914.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>August 28, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. <span>(OSLO: PLSV)</span> ("Paratus" or the "Company") today reported operational and financial results for the second quarter of 2026, highlighted by <money>$71 million</money> in combined segment revenues and <money>$42 million</money> in adjusted EBITDA, from continuing operations. The Company and its ownership in Seagems ended the quarter with <money>$148 million</money> in cash and a net debt balance of <money>$282 million</money> (1.6x leverage) pro forma for the <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis</span> transaction.</p> <p>Paratus is pleased to announce that its Board of Directors (the "Board") has authorized a quarterly http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Q2+2026+Results/26991914.html Fri, 28 Aug 2026 01:36:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Q2+2026+Results/26991914.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>August 28, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. <span>(OSLO: PLSV)</span> ("Paratus" or the "Company") today reported operational and financial results for the second quarter of 2026, highlighted by <money>$71 million</money> in combined segment revenues and <money>$42 million</money> in adjusted EBITDA, from continuing operations. The Company and its ownership in Seagems ended the quarter with <money>$148 million</money> in cash and a net debt balance of <money>$282 million</money> (1.6x leverage) pro forma for the <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis</span> transaction.</p> <p>Paratus is pleased to announce that its Board of Directors (the "Board") has authorized a quarterly http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Q2+2026+Results/26991914.html Fri, 28 Aug 2026 01:36:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Q2+2026+Results/26991914.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>August 28, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. <span>(OSLO: PLSV)</span> ("Paratus" or the "Company") today reported operational and financial results for the second quarter of 2026, highlighted by <money>$71 million</money> in combined segment revenues and <money>$42 million</money> in adjusted EBITDA, from continuing operations. The Company and its ownership in Seagems ended the quarter with <money>$148 million</money> in cash and a net debt balance of <money>$282 million</money> (1.6x leverage) pro forma for the <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis</span> transaction.</p> <p>Paratus is pleased to announce that its Board of Directors (the "Board") has authorized a quarterly http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Q2+2026+Results/26991914.html Fri, 28 Aug 2026 01:36:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Q2+2026+Results/26991914.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>August 28, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. <span>(OSLO: PLSV)</span> ("Paratus" or the "Company") today reported operational and financial results for the second quarter of 2026, highlighted by <money>$71 million</money> in combined segment revenues and <money>$42 million</money> in adjusted EBITDA, from continuing operations. The Company and its ownership in Seagems ended the quarter with <money>$148 million</money> in cash and a net debt balance of <money>$282 million</money> (1.6x leverage) pro forma for the <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis</span> transaction.</p> <p>Paratus is pleased to announce that its Board of Directors (the "Board") has authorized a quarterly http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Q2+2026+Results/26991914.html Fri, 28 Aug 2026 01:36:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Invitation+to+Q2+2026+Earnings+Call/26935275.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>Aug. 17, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") will release its unaudited interim Q2 and Half-year 2026 financial results on <chron>28 August 2026</chron>, on or about 07:00 (CEST).</p> <p>In connection with the results release, a webcast will be held at 15:00 (CEST) on the same day. Baton Haxhimehmedi (CFO and Interim CEO) will present the results. To participate in the webcast, please use the following link to register and access the live presentation:</p><p><a target="_blank" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4753571-1&amp;h=1046797789&amp;u=https%3A%2F%2Fparatusenergy.engagestream.euronext.com%2Fq2-2026&amp;a=https%3A%2F%2Fparatusenergy.engagestream.euronext.com%2Fq2-2026" target="_blank" rel="nofollow">https://paratusenergy.engagestream.euronext.com/q2-2026</a></p><p>The webcast and presentation materials will be accessible in the http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Invitation+to+Q2+2026+Earnings+Call/26935275.html Mon, 17 Aug 2026 08:26:00 -0400 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Invitation+to+Q2+2026+Earnings+Call/26935275.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>Aug. 17, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") will release its unaudited interim Q2 and Half-year 2026 financial results on <chron>28 August 2026</chron>, on or about 07:00 (CEST).</p> <p>In connection with the results release, a webcast will be held at 15:00 (CEST) on the same day. Baton Haxhimehmedi (CFO and Interim CEO) will present the results. To participate in the webcast, please use the following link to register and access the live presentation:</p><p><a target="_blank" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4753571-1&amp;h=1046797789&amp;u=https%3A%2F%2Fparatusenergy.engagestream.euronext.com%2Fq2-2026&amp;a=https%3A%2F%2Fparatusenergy.engagestream.euronext.com%2Fq2-2026" target="_blank" rel="nofollow">https://paratusenergy.engagestream.euronext.com/q2-2026</a></p><p>The webcast and presentation materials will be accessible in the http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Invitation+to+Q2+2026+Earnings+Call/26935275.html Mon, 17 Aug 2026 08:26:00 -0400 PLSV http://www.streetinsider.com/Mergers+and+Acquisitions/Paratus+Energy+closes+Fontis+drilling+unit+sale+for+%24420M/26828862.html <p>Paratus Energy Services Ltd. (OSLO: PLSV) has completed the sale of Fontis' drilling operations and jack-up fleet, receiving $163 million in cash and a $237 million seller credit, according to a company press release.</p> <p>The seller credit carries a 2.5-year term with interest rates of 10% in the first year, 12% during months 13 through 18, and 14% thereafter. Paratus also received a separate $20 million payment as reimbursement of interim funding it had provided to support Fontis' operations between the signing and closing of the deal.</p> <p>The transaction was first announced on March 23, 2026, and received competition clearance from the http://www.streetinsider.com/Mergers+and+Acquisitions/Paratus+Energy+closes+Fontis+drilling+unit+sale+for+%24420M/26828862.html Wed, 29 Jul 2026 01:54:02 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Mergers+and+Acquisitions/Paratus+Energy+closes+Fontis+drilling+unit+sale+for+%24420M/26828862.html <p>Paratus Energy Services Ltd. (OSLO: PLSV) has completed the sale of Fontis' drilling operations and jack-up fleet, receiving $163 million in cash and a $237 million seller credit, according to a company press release.</p> <p>The seller credit carries a 2.5-year term with interest rates of 10% in the first year, 12% during months 13 through 18, and 14% thereafter. Paratus also received a separate $20 million payment as reimbursement of interim funding it had provided to support Fontis' operations between the signing and closing of the deal.</p> <p>The transaction was first announced on March 23, 2026, and received competition clearance from the http://www.streetinsider.com/Mergers+and+Acquisitions/Paratus+Energy+closes+Fontis+drilling+unit+sale+for+%24420M/26828862.html Wed, 29 Jul 2026 01:54:02 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Mergers+and+Acquisitions/Paratus+Energy+closes+Fontis+drilling+unit+sale+for+%24420M/26828862.html <p>Paratus Energy Services Ltd. (OSLO: PLSV) has completed the sale of Fontis' drilling operations and jack-up fleet, receiving $163 million in cash and a $237 million seller credit, according to a company press release.</p> <p>The seller credit carries a 2.5-year term with interest rates of 10% in the first year, 12% during months 13 through 18, and 14% thereafter. Paratus also received a separate $20 million payment as reimbursement of interim funding it had provided to support Fontis' operations between the signing and closing of the deal.</p> <p>The transaction was first announced on March 23, 2026, and received competition clearance from the http://www.streetinsider.com/Mergers+and+Acquisitions/Paratus+Energy+closes+Fontis+drilling+unit+sale+for+%24420M/26828862.html Wed, 29 Jul 2026 01:54:02 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcements dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction") and dated <chron>17 July 2026</chron> regarding receipt of competition clearance from the board of commissioners of the <span>Mexican Competition Authority</span>.</p> <p>Paratus is pleased to announce that all remaining conditions for the Transaction have now been satisfied and that the Transaction has been successfully completed.</p><p><i>"The successful completion of the transaction marks an important milestone for Paratus. http://www.streetinsider.com/Press+Releases/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html Wed, 29 Jul 2026 01:52:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcements dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction") and dated <chron>17 July 2026</chron> regarding receipt of competition clearance from the board of commissioners of the <span>Mexican Competition Authority</span>.</p> <p>Paratus is pleased to announce that all remaining conditions for the Transaction have now been satisfied and that the Transaction has been successfully completed.</p><p><i>"The successful completion of the transaction marks an important milestone for Paratus. http://www.streetinsider.com/Press+Releases/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html Wed, 29 Jul 2026 01:52:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcements dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction") and dated <chron>17 July 2026</chron> regarding receipt of competition clearance from the board of commissioners of the <span>Mexican Competition Authority</span>.</p> <p>Paratus is pleased to announce that all remaining conditions for the Transaction have now been satisfied and that the Transaction has been successfully completed.</p><p><i>"The successful completion of the transaction marks an important milestone for Paratus. http://www.streetinsider.com/Press+Releases/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html Wed, 29 Jul 2026 01:52:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcements dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction") and dated <chron>17 July 2026</chron> regarding receipt of competition clearance from the board of commissioners of the <span>Mexican Competition Authority</span>.</p> <p>Paratus is pleased to announce that all remaining conditions for the Transaction have now been satisfied and that the Transaction has been successfully completed.</p><p><i>"The successful completion of the transaction marks an important milestone for Paratus. http://www.streetinsider.com/PRNewswire/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html Wed, 29 Jul 2026 01:52:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcements dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction") and dated <chron>17 July 2026</chron> regarding receipt of competition clearance from the board of commissioners of the <span>Mexican Competition Authority</span>.</p> <p>Paratus is pleased to announce that all remaining conditions for the Transaction have now been satisfied and that the Transaction has been successfully completed.</p><p><i>"The successful completion of the transaction marks an important milestone for Paratus. http://www.streetinsider.com/PRNewswire/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html Wed, 29 Jul 2026 01:52:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 29, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcements dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction") and dated <chron>17 July 2026</chron> regarding receipt of competition clearance from the board of commissioners of the <span>Mexican Competition Authority</span>.</p> <p>Paratus is pleased to announce that all remaining conditions for the Transaction have now been satisfied and that the Transaction has been successfully completed.</p><p><i>"The successful completion of the transaction marks an important milestone for Paratus. http://www.streetinsider.com/PRNewswire/Paratus+Energy+-+Completes+Sale+of+Fontis/26828861.html Wed, 29 Jul 2026 01:52:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 17, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcement dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction").</p> <p>Paratus is pleased to announce that it has received clearance from the board of commissioners of the <span>Mexican Competition Authority</span> to proceed with the completion of the Transaction. Closing of the Transaction remains subject to the remaining customary conditions precedent and closing processes and is expected to occur during Q3 2026. The Company will provide http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html Fri, 17 Jul 2026 04:01:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 17, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcement dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction").</p> <p>Paratus is pleased to announce that it has received clearance from the board of commissioners of the <span>Mexican Competition Authority</span> to proceed with the completion of the Transaction. Closing of the Transaction remains subject to the remaining customary conditions precedent and closing processes and is expected to occur during Q3 2026. The Company will provide http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html Fri, 17 Jul 2026 04:01:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 17, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcement dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction").</p> <p>Paratus is pleased to announce that it has received clearance from the board of commissioners of the <span>Mexican Competition Authority</span> to proceed with the completion of the Transaction. Closing of the Transaction remains subject to the remaining customary conditions precedent and closing processes and is expected to occur during Q3 2026. The Company will provide http://www.streetinsider.com/Press+Releases/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html Fri, 17 Jul 2026 04:01:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 17, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcement dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction").</p> <p>Paratus is pleased to announce that it has received clearance from the board of commissioners of the <span>Mexican Competition Authority</span> to proceed with the completion of the Transaction. Closing of the Transaction remains subject to the remaining customary conditions precedent and closing processes and is expected to occur during Q3 2026. The Company will provide http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html Fri, 17 Jul 2026 04:01:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 17, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcement dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction").</p> <p>Paratus is pleased to announce that it has received clearance from the board of commissioners of the <span>Mexican Competition Authority</span> to proceed with the completion of the Transaction. Closing of the Transaction remains subject to the remaining customary conditions precedent and closing processes and is expected to occur during Q3 2026. The Company will provide http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html Fri, 17 Jul 2026 04:01:00 -0400 A.17149661 O.14910488 PLSV http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/bm..hamton" idsrc="xmltag.org" >HAMILTON, Bermuda</location></span>, <span class="legendSpanClass"><chron>July 17, 2026</chron></span> /PRNewswire/ -- Paratus Energy Services Ltd. (OSLO: PLSV) ("Paratus" or the "Company") refers to its announcement dated <chron>23 March 2026</chron> regarding the sale of <span value="ACORN:1714966164" idsrc="xmltag.org" >Fontis'</span> drilling operations and jack-up fleet (the "Transaction").</p> <p>Paratus is pleased to announce that it has received clearance from the board of commissioners of the <span>Mexican Competition Authority</span> to proceed with the completion of the Transaction. Closing of the Transaction remains subject to the remaining customary conditions precedent and closing processes and is expected to occur during Q3 2026. The Company will provide http://www.streetinsider.com/PRNewswire/Paratus+Energy%3A+Receipt+of+Competition+Clearance+for+the+Sale+of+Fontis/26781185.html Fri, 17 Jul 2026 04:01:00 -0400 A.17149661 O.14910488 PLSV