Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services, is offloading its drilling operations and jack-up fleet to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a newly established 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico.

Mexico Proyectos Globales Energ Servicios PLSV Fontis Finance Paratus Energy Services Fontis Mexican Robert Jensen Chairperson of Paratus Ventures Courageous Singaporean Supported Seadrill