The contracts include the design, engineering and manufacturing of hose and steel tube flying leads, and electrical and hydraulic distribution manifolds for various locations in the
“Receiving such awards directly from operators in light of the industry’s shift to EPCi contracts further highlights the strategic importance of our commitment to being a provider of choice for different customer segments,” said
These project awards continue to advance the momentum for Koil Energy in 2023. Most recently, the Company announced that it was selected to perform services for a liquified natural gas (LNG) development in the
About Koil Energy
Koil Energy is a leading energy services company offering subsea equipment and support services to the world’s energy and offshore industries. The
Forward-Looking Statements Any forward-looking statements in the preceding paragraphs of this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties in that actual results may differ materially from those projected in the forward-looking statements. In the course of operations, we are subject to certain risk factors, competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw materials and execution of business strategy. For further information, please refer to the Company's filings with the
Investor Relations Contact:
VP of Finance
tashurst@koilenergy.com
Media Contact:
512-914-6745
hdodson@piercom.com
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