Koil Energy Solutions announced the receipt of an order to provide subsea distribution equipment for the Shenandoah project, a 17,500 psi development in the US Gulf of Mexico. The multi-million-dollar project is for the provision of 70+ Multi Quick Connect plates, which are critical pieces of subsea infrastructure used to enable the transfer of different fluids between subsea systems. The equipment will be qualified for 20,000 psi applications. The project is expected to be substantially complete by the end of 2023.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on KLNG: