NEWS
Oilfield Service Professionals and Odfjell Technology Forge Global Strategic Partnership
Houston, Texas, June 10th, 2025 -- Oilfield Service Professionals (OSP) and Odfjell Technology are pleased to announce a global strategic partnership aimed at enhancing operational performance, efficiency, and innovation across international oilfield markets.
Odfjell Technology is a leading provider of offshore operations, well services technology, and engineering solutions, and OSP is a top-tier technology provider specialising in well construction, completions, downhole intervention systems, and abandonment.
This collaboration combines Odfjell Technology’s extensive experience in the energy industry with OSP’s agile workforce and domain expertise to deliver integrated, scalable solutions for complex well operations and project execution.
Key objectives of the partnership include:
· Integrated service delivery: Leveraging combined engineering, technology, and project management capabilities to streamline execution and reduce downtime
· Global reach with local expertise: Expanding joint services into key markets including the North Sea, Middle East, Asia-Pacific, Brazil, and the Americas
· Innovation and digitalisation: Accelerating the adoption of advanced digital tools and remote operations to improve well lifecycle monitoring and performance
· Workforce optimisation: Enhancing field readiness with OSP’s specialised personnel aligned with Odfjell Technology’s technical and operational expertise, while reducing the number of required personnel on location
CEO of Odfjell Technology AS, Simen Lieungh, comments: “The partnership with OSP allows us to deliver more integrated and efficient services across global markets. By combining our operational expertise with OSP’s specialised workforce and digital capabilities, we are promoting innovation and performance, optimising how we deploy resources and ultimately creating greater value for our clients.”
Jasen Gast, President and CEO of Oilfield Service Professionals, added: “This partnership represents a major step forward in our mission to deliver industry-leading technology and best-in-class service. By aligning with Odfjell Technology, we strengthen our global footprint and expand the fully integrated service offering to our clients, bringing value to stakeholders.”
The partnership is effective immediately, with joint projects already underway in selected international markets. Both companies are committed to delivering measurable value through a collaborative and client-focused approach.
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About Oilfield Service Professionals LLC (OSP)
Oilfield Service Professionals LLC (OSP) is a top-tier technology provider specialising in well construction, completions, downhole intervention systems, and abandonment for both onshore and offshore operations. Since 2018, OSP has been delivering high-quality products and services, including retrievable service packers, bridge plugs, cement retainers, plug launchers, and flow-back equipment. The company's commitment to quality, integrity, innovation, value, and safety drives its mission to provide reliable and cost-effective solutions to the world's most challenging environments.
About Odfjell Technology Ltd
Odfjell Technology combines 50 years of industry experience with the technology of tomorrow to develop solutions for the changing energy market. With a strong legacy in well services, offshore operations, engineering and project management, the company delivers safe, efficient, and sustainable solutions that reduce time, cost, and carbon emissions for clients. Odfjell Technology operates in more than 30 countries, employing over 2,500 highly skilled professionals worldwide.
For media inquiries, please contact:
Oilfield Service Professionals
Taylor Hennigan Vice President, Sales
+1 713-852-7948
Odfjell Technology AS
Gillian Basson Corporate Secretary
+44 (0) 7796 547 889
Aberdeen, United Kingdom
Gert Haugland SVP Finance & Investor Relations
+47 92661638
EY US unveils Jasen Gast of Oilfield Service Professionals LLC (OSP) as an Entrepreneur Of The Year® 2025 Gulf South Award finalist
Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future
Houston, Texas, May 7, 2025 – Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year® 2025 Gulf South Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most groundbreaking companies, revolutionizing industries and making a profound impact on communities. The program honors visionary entrepreneurs whose innovations shape the future and pave the way for a thriving economy and a hopeful tomorrow.
The Gulf South program celebrates entrepreneurs from Central and South Texas, Louisiana, and Mississippi.
An independent panel of judges selected Jasen Gast for his entrepreneurial spirit, purpose, growth, and lasting impact in building long-term value.
“It’s an incredible honor to be recognized as a finalist for the EY Entrepreneur Of The Year® Award. This acknowledgment reflects the relentless dedication of the entire Oilfield Service Professionals team and the innovative spirit that drives us forward every day. I’m proud to represent our industry and grateful for the opportunity to stand among such outstanding entrepreneurs who are shaping the future of business,” said Jasen Gast, President and CEO of OSP.
About Oilfield Service Professionals
Oilfield Service Professionals (OSP) is a top-tier technology provider of oilfield products and services for the upstream oil and gas industry. With operational facilities in Broussard, Louisiana; Midland, Texas; Three Rivers, Texas; and numerous partner locations worldwide, OSP was established in 2018 and is headquartered in Houston, Texas.
OSP specializes in well construction, well completions, downhole intervention systems, and plug & abandonment (P&A) technology for both onshore and offshore operations. The company offers a full suite of high-performance tools including retrievable service packers, drillable cast-iron and composite intervention systems, wellbore cleanup tools, cement heads and plug launchers, oilfield tubing, retrievable bridge plugs, frac plugs, flowback equipment, and more.
Visit us at go-osp.com.
Entrepreneur Of The Year honors business leaders for their ingenuity, courage, and entrepreneurial spirit. The program celebrates original founders who bootstrapped their businesses from inception or raised outside capital to grow their companies; transformational CEOs who infused innovation into existing organizations; and multigenerational family business leaders who reimagined legacy models for the future.
Regional award winners will be announced on June 12 during a special celebration in Houston. Winners will become lifetime members of the esteemed Entrepreneur Of The Year alumni community. They will also be considered by national judges for the Entrepreneur Of The Year National Awards, presented in November at the annual Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, Cresa, LLC, Marsh McLennan Agency, and SAP. In the Gulf South, additional sponsors include Platinum sponsors ADP, DFIN, DLA Piper, and vcfo, and Silver sponsors Big Picture and Pierpont Communications.
About Entrepreneur Of The Year
Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries leading successful, dynamic businesses in the U.S., and has since expanded to nearly 60 countries worldwide.
The U.S. program includes 17 regional competitions judged by independent panels each June. Regional winners advance to the national level, with national award recipients honored in November at the Strategic Growth Forum®. The overall national winner then represents the U.S. at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.
About EY
EY is building a better working world by creating new value for clients, people, society, and the planet while building trust in capital markets.
Enabled by data, AI, and advanced technology, EY teams help clients shape the future with confidence and develop answers to today’s and tomorrow’s most pressing issues.
EY professionals work across assurance, consulting, tax, strategy, and transactions. Powered by sector insights, a globally connected, multidisciplinary network, and diverse ecosystem partners, EY operates in more than 150 countries and territories.
All in to shape the future with confidence.
EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For information on how EY collects and uses personal data, and for a description of individual rights under data protection laws, visit ey.com/privacy. EY member firms do not practice law where prohibited by local regulations. For more information, visit ey.com.
For company inquiries, please contact:
Thomas Dunavant
832.831.4115
thomas.dunavant@go-osp.com
OSP and Alpha Announce Strategic Technology Alliance
Houston, Texas – September 23, 2024 - Oilfield Service Professionals LLC (“OSP”), a leading provider of oilfield technology and service solutions related to Well Construction, Downhole Interventions, and Decommissioning, today announced a strategic global technology alliance with Alpha Oil Tools (“ALPHA”).
This strategic alliance provides global access to proven downhole drillable technology that facilitates greater operational efficiency and improved reliability. Specific technologies include the proprietary Hydra-Set™ Hydro-Mechanical Bridge Plug and Cement Retainer, a valued and critical technology in every oil and gas geomarket.
“This exclusive, strategic alliance with Alpha is very exciting for OSP. The Hydra-Set™ Hydro-Mechanical Bridge Plug technology continues to expand our operational capacity in every Land, Offshore and Deepwater market around the world. By merging OSP’s extensive engineering and downhole service expertise with Alpha’s cutting-edge manufacturing capabilities, we are confident that this alliance will set new industry standards and provide unparalleled value-add to the client,” said Jasen Gast, President and CEO of OSP.
Harvey Sharp, Chairman of Alpha Oil Tools, added, “This alliance with OSP represents a significant step forward in our mission to continue the legacy and passion for manufacturing the highest-performing, longest-lasting, and most reliable products in the industry. Together, we will push the boundaries of what’s possible downhole and create innovative solutions that will benefit our customers and the industry as a whole.”
Both companies are committed to maintaining a strong focus on innovation, quality, and customer satisfaction throughout the alliance.
For more information , please visit go-osp.com/ALPHA.
About Oilfield Service Professionals:
Oilfield Service Professionals (“OSP”), is a top-tier technology provider of oilfield products and services for the upstream oil and gas industry with operational facilities in Broussard - Louisiana, Midland - Texas, Three Rivers - Texas and numerous partner facilities around the world, OSP was established in 2018 and is headquartered in Houston, Texas
OSP specializes in well construction, well completions, downhole intervention systems, and plug & abandonment (P&A) technology for both onshore and offshore operations. They are a leader in the industry, offering high-quality retrievable service packers, drillable cast-iron & composite intervention systems, wellbore cleanup tools, cement heads & plug launchers, oilfield tubing, retrievable bridge plugs, frac plugs, flow-back equipment, and much more.
About Alpha Oil Tools:
Alpha Oil Tools designs and manufactures bridge plugs, cement retainers, packers, and accessories for the domestic US and international markets specializing in remedial well service, decommissioning of wells, and plug and abandonment. Alpha Oil Tools is headquartered in Fort Worth, TX.
Alpha Oil Tools has been a mainstay in the downhole tools and accessories sector since its founding in 1981, becoming a part of Weatherford International in 2005, returning to private ownership in December 2018 as the cornerstone of Sharp Energy Group.
Sharp Energy Group was founded by CEO Harvey Sharp III in 2018. The mission of Sharp Energy Group is to acquire, improve, and develop companies across the energy sector. Sharp’s passion is to enable his companies to improve the industry through innovation, develop and train their employees, and better serve their customers.
Company inquires, please contact:
Thomas Dunavant
832.831.4115
thomas.dunavant@go-osp.com
Product and sales inquires to:
sales@go-osp.com