Translink Corporate Finance acted as the advisor to Tiral AS on its acquisition of 50% of the shares in Phronteseas AS

Translink Corporate Finance in Norway advised Tiral AS on its acquisition of the remaining 50% shares in Phronteseas AS. Phronteseas AS will enhance its leadership position in the sector as it gains an investor with deep industry expertise to bolster its growth.

Led by Co-Founder and CEO of Phronteseas Asbjørn Skjelbred Olsen, Tiral AS’ purpose is to develop the energy and operation management industry sustainably. The company is engaged in growing renewable energy companies internationally, delivering highly efficient operations management solutions for the offshore sector, advising investors, supporting the execution of corporate transactions and managing assets.

Phronteseas AS provides a range of services tailored to the needs of rig operations, asset management, and advisory services to owners, buyers, and brokers in the oil and energy sector. The company specialises in delivering high-quality, cost-effective solutions with a strong emphasis on technical and operational expertise. Phronteseas operates out of offices in Norway, Malta, and Dubai, emphasising a commitment to efficient solutions and strategic guidance.