Odfjell Technology and Oilfield Service Professionals (OSP) 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 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.
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.
For media inquiries, please contact:
Gillian Basson
Corporate Secretary
+44 (0) 7796 547 889
gbas@odfjelltechnology.com
Aberdeen, United Kingdom
or
Gert Haugland
SVP Finance & Investor Relations
+47 92661638
gjha@odfjelltechnology.com
Odfjell Technology Ltd
Aberdeen, United Kingdom
10th June 2025
Odfjell Technology Ltd