Koil Energy secures contract with U.S. oil company

KOIL Energy (KLNG) Solutions announces the award of a significant contract to supply a subsea distribution system for a deepwater project in the Gulf of America. KOIL Energy will manufacture the subsea umbilical termination assemblies, hydraulic distribution manifolds, steel tube flying leads, mudmat structures, and ancillary hardware for a subsea tieback project. KOIL’s service team will integrate and test the system, incorporating KOIL’s manufactured equipment alongside equipment from other leading subsea suppliers. This system will tie back to an existing subsea field and control additional subsea assets such as pipeline end manifold and trees.