In this paper, semi analytical solutions for velocity field and tangential stress correspond to fractional Oldroyd-B fluid, in an annulus, are acquired by Laplace transforms and modified Bessel equation. In the beginning, cylinders are stationary, motion is produced after t = 0 when both cylinders start rotating about their common axis. The governing equations solved for velocity field and shear stress by using the Laplace transform technique. The inverse Laplace transform is alternately calculated by Stehfest's algorithm using ''MATHCAD'' numerically. The numerically obtained solutions are in the form of modified Bessel's equations of first and second kind and satisfying all the imposed physical conditions. Finally, there is a comparison between exact and obtained solutions. It is observed that semi analytical technique and exact technique are approximately the same and satisfy imposed boundary conditions. Through graphs, the impact of physical parameters (relaxation time, retardation time kinematic viscosity, and dynamic viscosity) and fractional parameters on both velocity and shear stress is observed.