Atlantica Delta – Asset Management, Operations Management & Advisory, 2024

Phronteseas will maintain operational oversight of an asset owned by a consortium of investors, entrusted with managing its operations and marketing efforts on behalf of the current owners. Leveraging the PHS management system, rigorously audited by DNV and awarded a Document of Compliance (DOC) by the Panama Flag, Phronteseas ensures compliance and operational excellence.

In support of these endeavors, Phronteseas has curated a dedicated 12-person rig crew operating on a rotational basis, supplemented by a team of onshore subject matter experts (SMEs) providing round-the-clock support. This holistic approach encompasses inventory verification, engagement with regulatory stakeholders, supply chain management, and the provision of operational and marketing-focused engineering support.

It’s worth noting that Phronteseas’ management tenure has been characterized by an outstanding safety record, with no injuries or accidents recorded. Additionally, the team has consistently achieved budgetary targets, expanded the customer network, secured contract extensions for berthing, and facilitated asset sales on behalf of the owners. This underscores their unwavering commitment to operational excellence and maximizing asset value. We’re excited to continue this journey together!