Alliance to push the boundaries of subsea field development
KOIL Energy Solutions (OTCQB: KLNG) and Norway's SubseaDesign AS have announced a strategic alliance to advance subsea technology development. The partnership, announced on March 04, 2025, aims to enhance R&D collaboration and project execution in response to growing global demand for innovative subsea solutions.
The alliance focuses on strengthening capabilities in subsea tieback and field developments, with both companies bringing their specialty products and services expertise to the table. SubseaDesign's CEO Thomas Andreassen emphasized the partnership's goal to deliver cutting-edge technologies and tailored solutions, while KOIL Energy's CEO Erik Wiik highlighted the opportunity to expand their market reach, particularly in Europe through local capabilities.
KOIL Energy Solutions (OTCQB: KLNG) e la norvegese SubseaDesign AS hanno annunciato un'alleanza strategica per promuovere lo sviluppo della tecnologia sottomarina. La partnership, annunciata il 4 marzo 2025, mira a migliorare la collaborazione nella ricerca e sviluppo e l'esecuzione dei progetti in risposta alla crescente domanda globale di soluzioni innovative sottomarine.
L'alleanza si concentra sul rafforzamento delle capacità nel settore dei collegamenti sottomarini e nello sviluppo dei campi, con entrambe le aziende che mettono a disposizione la loro esperienza in prodotti e servizi specializzati. Il CEO di SubseaDesign, Thomas Andreassen, ha sottolineato l'obiettivo della partnership di fornire tecnologie all'avanguardia e soluzioni su misura, mentre il CEO di KOIL Energy, Erik Wiik, ha evidenziato l'opportunità di espandere la loro portata di mercato, in particolare in Europa attraverso capacità locali.
KOIL Energy Solutions (OTCQB: KLNG) y la noruega SubseaDesign AS han anunciado una alianza estratégica para avanzar en el desarrollo de tecnología submarina. La asociación, anunciada el 4 de marzo de 2025, tiene como objetivo mejorar la colaboración en I+D y la ejecución de proyectos en respuesta a la creciente demanda global de soluciones submarinas innovadoras.
La alianza se centra en fortalecer las capacidades en conexiones submarinas y desarrollos de campos, con ambas empresas aportando su experiencia en productos y servicios especializados. El CEO de SubseaDesign, Thomas Andreassen, enfatizó el objetivo de la asociación de ofrecer tecnologías de vanguardia y soluciones personalizadas, mientras que el CEO de KOIL Energy, Erik Wiik, destacó la oportunidad de expandir su alcance en el mercado, especialmente en Europa a través de capacidades locales.
KOIL Energy Solutions (OTCQB: KLNG)와 노르웨이의 SubseaDesign AS가 해저 기술 개발을 촉진하기 위한 전략적 동맹을 발표했습니다. 2025년 3월 4일에 발표된 이 파트너십은 혁신적인 해저 솔루션에 대한 세계적인 수요 증가에 대응하기 위해 연구개발 협력 및 프로젝트 실행을 강화하는 것을 목표로 하고 있습니다.
이 동맹은 해저 연결 및 현장 개발에서의 역량 강화를 중심으로 하며, 양사는 전문 제품 및 서비스에 대한 전문성을 공유합니다. SubseaDesign의 CEO인 Thomas Andreassen는 파트너십의 목표가 최첨단 기술과 맞춤형 솔루션을 제공하는 것이라고 강조했으며, KOIL Energy의 CEO인 Erik Wiik는 특히 유럽에서 지역 역량을 통해 시장 범위를 확장할 수 있는 기회를 강조했습니다.
KOIL Energy Solutions (OTCQB: KLNG) et la société norvégienne SubseaDesign AS ont annoncé une alliance stratégique pour faire avancer le développement de la technologie sous-marine. Le partenariat, annoncé le 4 mars 2025, vise à améliorer la collaboration en recherche et développement et l'exécution de projets en réponse à la demande mondiale croissante de solutions sous-marines innovantes.
L'alliance se concentre sur le renforcement des capacités dans le domaine des raccordements sous-marins et des développements de champs, les deux entreprises apportant leur expertise en produits et services spécialisés. Le PDG de SubseaDesign, Thomas Andreassen, a souligné l'objectif du partenariat de fournir des technologies de pointe et des solutions sur mesure, tandis que le PDG de KOIL Energy, Erik Wiik, a mis en avant l'opportunité d'élargir leur portée sur le marché, notamment en Europe grâce à des capacités locales.
KOIL Energy Solutions (OTCQB: KLNG) und das norwegische Unternehmen SubseaDesign AS haben eine strategische Allianz zur Förderung der Entwicklung von Unterwassertechnologien angekündigt. Die Partnerschaft, die am 4. März 2025 bekannt gegeben wurde, zielt darauf ab, die Zusammenarbeit in Forschung und Entwicklung sowie die Projektdurchführung als Reaktion auf die wachsende globale Nachfrage nach innovativen Unterwasserlösungen zu verbessern.
Der Fokus der Allianz liegt auf der Stärkung der Fähigkeiten im Bereich Unterwasserverbindungen und Feldentwicklungen, wobei beide Unternehmen ihr Fachwissen in spezialisierten Produkten und Dienstleistungen einbringen. Der CEO von SubseaDesign, Thomas Andreassen, betonte das Ziel der Partnerschaft, modernste Technologien und maßgeschneiderte Lösungen zu liefern, während der CEO von KOIL Energy, Erik Wiik, die Möglichkeit hervorhob, ihre Marktpräsenz insbesondere in Europa durch lokale Kapazitäten auszubauen.
- Strategic expansion into European markets
- Enhanced R&D and project execution capabilities
- Access to growing subsea tieback project market
- None.
HOUSTON, March 04, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG), a US-based company, and SubseaDesign AS, a Norway-based company, have formed a strategic alliance to accelerate advancements in subsea technology. Both companies provide specialty products and services for subsea projects. Driven by the rising demand for innovative solutions in the global subsea industry, the two companies will collaborate within R&D and project execution.
Thomas Andreassen, CEO of SubseaDesign AS, stated, “As the industry seeks cost-effective and innovative solutions to advance subsea tieback and field developments, our alliance with KOIL Energy strengthens our ability to deliver cutting-edge technologies and tailored solutions. Together, we are well-positioned to drive innovation and enhance subsea performance and project efficiency for our customers.”
Erik Wiik, CEO of KOIL Energy, commented, “Subsea tie-back projects are becoming increasingly prevalent worldwide, and we have numerous proven solutions tailored to this segment. This alliance will allow us to reach a significantly larger market more quickly. SubseaDesign is an ideal partner, enabling us to engage more effectively with our European clients and offer them local capabilities.”
About SubseaDesign AS
SubseaDesign AS is a Norwegian engineering company specializing in advanced subsea systems, products, and services for the energy industry. Since its founding in 2007, the company has built a strong reputation for its problem-solving approach, fast turnaround, and commitment to innovation.
With specialized expertise in geotechnics, material science, and mechanical design, SubseaDesign delivers engineering solutions that enhance subsea field development and operational efficiency.
Our product portfolio includes industry-leading technologies such as SeAlign™ misalignment connectors and our newly developed Crown Plug Running Tool.
Visit www.subseadesign.com to learn more.
Contact: post@subseadesign.com
About KOIL Energy Solutions, Inc.
KOIL Energy is a leading energy services company offering subsea equipment and support services to the world's energy and offshore industries. Founded in 1997 in Houston, Texas, the company is comprised of world-class experts in engineering and manufacturing who provide innovative solutions to complex customer challenges with a fearless commitment to Building the Future of Energy. KOIL Energy's highly experienced team can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects located anywhere in the world. Visit www.koilenergy.com to learn more.
Contact: ir@koilenergy.com or sales@koilenergy.com
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