KOIL Energy Secures Major Contract for Subsea Equipment Services

Author: Owen Jenkins Updated: 08-29-2025 12:29 PM

KOIL Energy Solutions, Inc. Announces Major Contract Award

In a move that showcases its expertise in subsea equipment and services, KOIL Energy Solutions, Inc. (OTCQB: KLNG) has secured a significant contract. This venture includes the development of control equipment for a subsea isolation valve system, a crucial component designed to prevent unintended hydrocarbon releases from underwater wells. Such incidents could pose serious threats to offshore platforms and their personnel, making this contract of utmost importance.

Enhancing Offshore Safety

Erik Wiik, the CEO of KOIL Energy, expressed pride in the team's accomplishment. "This contract highlights our team's achievement in creating integrated solutions. We are honored to have earned our customers' trust to deliver equipment that will play a vital role in enhancing the safety of their offshore facility," he stated. This perspective underscores KOIL Energy's commitment to providing reliable safety systems in challenging environments.

Project Timeline and Manufacturing

Engineering and procurement activities for this contract will take place throughout 2025. Following this phase, the manufacturing of the subsea isolation valve system will occur at KOIL's cutting-edge production facility in Houston, Texas, during the first half of 2026. Additionally, a separate services contract for installation and testing will be forthcoming, ensuring a comprehensive implementation of the system.

About KOIL Energy Solutions

Established as a leader in energy services, KOIL Energy Solutions specializes in offering subsea equipment and support services for global energy and offshore industries. The company develops innovative solutions to address complex challenges that arise in the production processes. Their core offerings range from installation support and engineering services to umbilical terminations and loose-tube steel flying leads.

Commitment to Continuous Improvement

KOIL Energy's dedicated team is well-equipped to manage subsea engineering projects that include manufacturing, installation, commissioning, and ongoing maintenance. Their widespread experience enables them to deliver tailored solutions across the globe, further enhancing their reputation in the industry.

Contact Information

For more inquiries regarding KOIL Energy, interested parties can reach out via email at ir@koilenergy.com or by phone at 281-862-2201. The company's website, www.koilenergy.com, offers additional insights into their operations and services.

Frequently Asked Questions

What is the significance of the contract awarded to KOIL Energy?

The contract is crucial as it involves developing a subsea isolation valve system that ensures safety against hydrocarbon leaks from underwater wells.

When will KOIL Energy begin working on this contract?

Engineering and procurement activities are set to start in 2025, with manufacturing planned for the first half of 2026.

Who is the CEO of KOIL Energy?

The CEO of KOIL Energy Solutions, Inc. is Erik Wiik, who has emphasized the company's commitment to safety and customer trust.

What services does KOIL Energy provide?

KOIL Energy offers a range of services, including subsea equipment installations, engineering services, and project management for offshore energy solutions.

How can I contact KOIL Energy for more information?

You can contact them via email at ir@koilenergy.com or call 281-862-2201 for inquiries.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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