KOIL Energy Solutions Inc. $(KLNG)$ has announced the award of a significant manufacturing contract with an international offshore installation company. The contract includes engineering, procurement, and fabrication of major steel components to support the modification of a large vessel-mounted installation carousel. The upgraded carousel will be used for subsea deployment of a flexible product in South America. The project will be carried out at KOIL's Houston, Texas facility, with work scheduled to begin immediately and continue through the first quarter of 2026. Additional skilled contractor personnel have been mobilized for the project.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Koil Energy Solitions Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9620358-en) on January 06, 2026, and is solely responsible for the information contained therein.