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Frank's Receives International Achievement Award - Thursday, April 23, 2009
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FRANK’S AWARD – Press Release 22nd April 2009
Frank’s, a company that emerged from humble origins in a Lafayette garage to become a major
multi‐national force in the oil & gas service sector, is this year’s recipient of the International
Achievement Award jointly presented by the International Trade Development Group and the
Lafayette International Center. The annual award luncheon is scheduled for April 24th at the
City Club at River Ranch.
Frank’s Casing Crew and Rental Tools of Lafayette and Frank’s International are privately owned
and operated in a strategic alliance by the direct descendants of Frank Mosing. Frank's
International is a separate and independent company. Together, “Frank’s Worldwide” has
continued to grow by meeting the challenges of an ever‐evolving oil and gas industry.
Fueled by an entrepreneurial spirit and uncompromising work ethic this Lafayette based
patriarch of the Mosing family struck out on his own in 1938 when a paycheck from his oil patch
employer bounced. With a few thousand dollars in savings, and no equipment or orders, Frank
Mosing boldly started casing‐crew operations out of his tiny garage. With wife Jessie as
dispatcher and a few hands, Frank believed he could get the hazardous work of drilling for oil
and gas done in a safer, more efficient, and honorable way. And he did to create a true story of
the American Dream.
For the past 7 decades the companies that carry his name have emerged as industry leaders by
anticipating and meeting the challenges of the ever evolving oil and gas sector. Now one of the
largest privately held oilfield service companies, Frank’s and Frank’s International, formed in
1981 by grandson Keith Mosing, holds over 100 patents on products researched and produced
at the company’s Lafayette engineering research and manufacturing facility. The inventory of
150 innovative products range from state of the art power tongs to sub‐sea completions, all
backed with the service reliability that began with the founder and forged Frank’s reputation
for unrivaled customer service. A testament to Frank’s reputation among its customers is its
multi‐year ranking as the number one service company by Energypoint Research Inc, an
independent research company who annually surveys the oil and gas industry on customer
satisfaction.
Managed and owned by three generations of the Mosings, the third generation is heavily
involved in all companies with six of Frank’s twelve grandchildren heading up departments
ranging from inventory to international sales. The fourth generation is now in training. Frank’s
Worldwide employs over 3,500 people with offices in over 40. While supporting these regions,
the company has become one of the largest employers in Lafayette, Louisiana.
By the time Frank Mosing passed away in 1988, the company he operated for half a century had
moved well past the garage stage and onto the international stage. His three sons Donald, Billy,
and Larry all worked within the business from their teen years and were well equipped to carry
on. Donald, who earned a mechanical engineering degree, began the wildly successful and
highly respected engineering research division. When Mr. Frank, as he was known by all, died
Donald moved from Executive Vice President to President of the Lafayette based firm, a
position he holds to this day. His brother Larry became and remains as Secretary‐Treasurer.
Billy focused on developing industry contacts and sales until his passing in 2001.
The company moved heavily into the deepwater field, developing techniques and tools for subsea
completions. A new facility at the Port of Iberia supports Frank’s deepwater operations
around the world, with 5,500 feet of waterfront property designed to service a fleet of barges
and the largest projects. The companies have worked on many high profile projects, such as
“Kikeh” field for Murphy Oil in Deepwater Malaysia. “Agbami” field for Chevron in Nigeria,
Chinook & Cascade project for manufacturing Pipe Line End Termination(PLETS) for Petrobras ,
to name a few.
In addition to Frank’s Worldwide, the Mosing Family has diversified in other industries. The
Mosing’s have developed a successful real estate company with over 300,000 square feet of
rental space. The Mosing Family also purchased and is developing Western Airways which
operates out of Sugarland Regional Airport and the Lafayette Regional Airport with weekly
charter flights from Lafayette to Mexico. Western Airways hopes to one day extend the reach
of the Lafayette Regional Airport to international destinations by bringing in US Customs
services to Lafayette.
Family owned, Frank’s Worldwide is holding its own in the competitive atmosphere of today’s
oil and gas service business. With the third and fourth generations on board, Frank’s looks
forward to a future as interesting and profitable as the past has been.
With such an impressive history and global presence, it is no surprise that the International
Achievement Award committee recently chose Frank’s Casing Crew & Rental Tools, Inc. as this
year’s recipient.
Created to recognize outstanding contributions made to Lafayette’s international image and
connections, the International Achievement Award debuted on January 14, 1998 when it was
presented to Louis J. Michot. Subsequent recipients have included Zachary Richard, J. S. “Si”
Brown, III, Warren A. Perrin, Enrique Herrera, Matthew G. Stuller, Dailey J. Berard, C & C
Technologies, Inc., Margaret McMillan and Festival International de Louisiane.
Accepting this award on the behalf of Frank’s is Keith Mosing A native of Lafayette, Louisiana
and a third generation company owner, Keith Mosing joined the family business part‐time in
1965. He began working in the Lafayette facility doing everything from equipment maintenance
to land and offshore jobs. Mr. Mosing moved to Texas in 1974 to start operations in Texas and
Oklahoma.
In 1981, he formed Frank’s International and has expanded the operations to over 40 countries
employing over 3,500 people worldwide. Since its inception, Frank’s International has grown
aggressively through the acquisition of over 40 companies.
Mr. Mosing attended the University of Louisiana at Lafayette and Embry‐Riddle Aeronautical
University graduating with a Bachelor of Science degree in Aeronautical Science. He began
flying at age 16 and holds an Airline Transport Pilot’s license for jet aircraft as well as
helicopters.
Today he holds the position of Executive Vice President and COO of Frank’s Casing Crew and
Rental Tools, Chairman and CEO of Frank’s International, Antelope Oil Tool, and Western
Airways. |
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