KOIL Energy Awarded Significant Contract to Deliver Subsea Distribution Equipment for US Project
KOIL Energy Solutions (OTCQB: KLNG) has secured a significant contract to provide Multi-Quick Connector (MQC) Plates for a subsea project in the Gulf of America. The equipment will control high-pressure systems for a U.S. independent energy company's subsea field.
The MQC plates will distribute hydraulic control fluid to regulate oil and gas production and chemical injections for flow assurance. The project features KOIL's advanced 20,000 psi technology and represents a repeat order from an existing client.
The contract scope includes engineering, procurement, fabrication, assembly, and testing at KOIL's Houston facility, with final delivery scheduled for Q4 2025.
KOIL Energy Solutions (OTCQB: KLNG) ha ottenuto un contratto significativo per fornire Piaste Multi-Quick Connector (MQC) per un progetto sottomarino nel Golfo d'America. L'attrezzatura controllerà sistemi ad alta pressione per un campo sottomarino di una compagnia energetica indipendente statunitense.
Le piastre MQC distribuiranno fluido di controllo idraulico per regolare la produzione di petrolio e gas e le iniezioni chimiche per garantire il flusso. Il progetto presenta la tecnologia avanzata di KOIL da 20.000 psi e rappresenta un ordine ripetuto da un cliente esistente.
Il contratto comprende ingegneria, approvvigionamento, fabbricazione, assemblaggio e collaudo presso la struttura di KOIL a Houston, con consegna finale prevista per il quarto trimestre del 2025.
KOIL Energy Solutions (OTCQB: KLNG) ha asegurado un contrato significativo para proporcionar Placas Multi-Quick Connector (MQC) para un proyecto submarino en el Golfo de América. El equipo controlará sistemas de alta presión para un campo submarino de una compañía energética independiente de EE. UU.
Las placas MQC distribuirán fluido de control hidráulico para regular la producción de petróleo y gas, así como inyecciones químicas para asegurar el flujo. El proyecto presenta la avanzada tecnología de KOIL de 20,000 psi y representa un pedido repetido de un cliente existente.
El alcance del contrato incluye ingeniería, adquisición, fabricación, ensamblaje y pruebas en la instalación de KOIL en Houston, con entrega final programada para el cuarto trimestre de 2025.
KOIL 에너지 솔루션 (OTCQB: KLNG)은 미국 만에서 진행되는 해저 프로젝트를 위해 다중 퀵 커넥터(MQC) 플레이트를 제공하는 중요한 계약을 체결했습니다. 이 장비는 미국의 독립 에너지 회사의 해저 유전에서 고압 시스템을 제어합니다.
MQC 플레이트는 유정 및 가스 생산을 조절하고 흐름 보장을 위한 화학 주입을 위해 유압 제어 유체를 분배합니다. 이 프로젝트는 KOIL의 20,000 psi 기술을 특징으로 하며 기존 고객으로부터의 반복 주문을 나타냅니다.
계약 범위에는 KOIL의 휴스턴 시설에서의 엔지니어링, 조달, 제작, 조립 및 테스트가 포함되며 최종 납품은 2025년 4분기로 예정되어 있습니다.
KOIL Energy Solutions (OTCQB: KLNG) a obtenu un contrat significatif pour fournir des plaques Multi-Quick Connector (MQC) pour un projet sous-marin dans le Golfe d'Amérique. L'équipement contrôlera des systèmes haute pression pour un champ sous-marin d'une entreprise énergétique indépendante américaine.
Les plaques MQC distribueront un fluide de contrôle hydraulique pour réguler la production de pétrole et de gaz ainsi que des injections chimiques pour assurer le flux. Le projet présente la technologie avancée de KOIL de 20 000 psi et représente une commande répétée d'un client existant.
Le périmètre du contrat inclut l'ingénierie, l'approvisionnement, la fabrication, l'assemblage et les tests dans l'installation de KOIL à Houston, avec une livraison finale prévue pour le quatrième trimestre 2025.
KOIL Energy Solutions (OTCQB: KLNG) hat einen bedeutenden Vertrag zur Bereitstellung von Multi-Quick Connector (MQC) Platten für ein Unterwasserprojekt im Golf von Amerika gesichert. Die Ausrüstung wird Hochdrucksysteme für ein Unterwasserfeld eines unabhängigen US-Energieunternehmens steuern.
Die MQC-Platten werden hydraulische Steuerflüssigkeit verteilen, um die Produktion von Öl und Gas sowie chemische Injektionen zur Flussabsicherung zu regulieren. Das Projekt umfasst die fortschrittliche 20.000 psi Technologie von KOIL und stellt eine Wiederbestellung von einem bestehenden Kunden dar.
Umfang des Vertrags sind Ingenieurleistungen, Beschaffung, Fertigung, Montage und Tests in der KOIL-Anlage in Houston, mit einer endgültigen Lieferung, die für das vierte Quartal 2025 geplant ist.
- Secured significant contract for MQC Plates from repeat customer
- Contract showcases advanced 20,000 psi technology capabilities
- Strengthens position in subsea controls segment
- None.
HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- KOIL Energy Solutions, Inc. (OTCQB: KLNG) has been awarded a significant contract to supply Multi-Quick Connector (MQC) Plates for a project in the Gulf of America. This award encompasses equipment designed to control the high-pressure systems of a subsea field operated by a U.S. independent energy company.
KOIL Energy 20,000 psi MQC Plate
The MQC plates will play a critical role in the subsea infrastructure by distributing hydraulic control fluid in order to regulate oil and gas production and chemical injections to support flow assurance requirements.
Erik Wiik, President and CEO of KOIL Energy, said, “This award is particularly exciting for several reasons. Firstly, it represents a repeat order from a valued client, showcasing their continued trust in our capabilities. Secondly, it features our advanced 20,000 psi technology, highlighting our commitment to innovation. Lastly, as the MQC is a cornerstone product within the subsea controls segment, this achievement paves the way for further growth.”
KOIL is acclaimed for providing competitive, high-performance subsea systems globally. By leveraging practical design solutions and a vertically integrated supply chain, the company consistently delivers reliable and efficient subsea products with exceptionally competitive delivery times. The scope of work for this project includes engineering, procurement, fabrication, assembly, and testing. The project will be carried out at KOIL's state-of-the-art manufacturing facility in Houston, Texas. Final delivery is scheduled for the last quarter of this year.
About KOIL
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, the Houston-based 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 projects located anywhere in the world. Visit www.koilenergy.com to learn more.
Investor Relations Contact:
ir@koilenergy.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cfe3d086-03d2-43fc-a833-862307c8631f
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