
Paratus Gains Mexico Approval for Fontis Jack-Up Sale
Paratus Energy Services has received Mexican competition clearance for the sale of Fontis Finance’s drilling operations and five jack-up rigs to CME and BC Ventures.

Paratus Energy Services has received Mexican competition clearance for the sale of Fontis Finance’s drilling operations and five jack-up rigs to CME and BC Ventures.

Paratus Energy Services has secured Mexican competition clearance for the sale of Fontis Finance’s operations and five jack-up rigs. Closing is expected in Q3 2026.

SBM Offshore has signed a US$465 million project financing agreement for FSO Chalchi, which will operate at the Trion field offshore Mexico under 20-year contracts with Woodside.

Borr Drilling reported higher Q3 2025 revenue and new contracts in Mexico, the Gulf of America, and Angola, with strong rig utilization across its fleet.
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