HOUSTON, Oct. 03, 2024 – KOIL Energy Solutions, Inc. (OTCQB: KLNG), a global leader in subsea equipment and services, has secured a significant contract to provide maintenance services on an offshore production platform for an international oil and gas company.
The scope of work includes the removal, welding, termination, and commissioning of specialty alloy tubing used for chemical injection and hydraulic control, as well as the termination and testing of electrical cables. Additionally, the contract involves supplying a Topside Umbilical Termination Assembly and subsea commissioning Logic Caps. KOIL has been awarded an increasing number of subsea umbilical re-termination projects, demonstrating the company’s expertise in managing critical repairs in confined spaces. This expertise includes identifying and mitigating risks and hazards before work begins, ensuring a swift, controlled, and safe start-up to resume well production.
Planning, engineering, and procurement activities have already commenced at KOIL’s facility in Houston, TX, with the offshore maintenance work projected to be completed in the first quarter of 2025.
