OFSi completes a management buyout transaction and becomes an independent service company

OFSi completes a management buyout transaction and becomes an independent service company

PR Newswire

HOUSTON, Sept. 23, 2016 /PRNewswire/ — OFS International LLC (“OFSi”), a Houston-based oilfield and tubular service company, announces that it completed the buyout of a 75% stake resulting in OFSi management becoming the company’s controlling shareholder. From now on OFSi will be acting as an independent player on the oilfield service market.

About OFSi

Founded in 2012, OFS International LLC provides oilfield and tubular services to the oil and gas industry. Headquartered in Houston, TX, OFSi provides threading, inspection, pipe repair and casing running supervision services, as well as produces couplings, pipe accessories and downhole tools. The company operates manufacturing facilities and commercial offices in Houston, Odessa, San Antonio and Ft. Worth TX as well as Brookfield, OH. OFSi is certified to API Q1 9th edition and to ISO 9001, and is licensed to produce and sell products with semi-premium and premium threads.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ofsi-completes-a-management-buyout-transaction-and-becomes-an-independent-service-company-300333395.html

SOURCE OFS International LLC

Be the first to comment

Leave a Reply