KOIL Energy awarded major subsea umbilical handling project; deploying new and existing carousels

Koil Energy Solutions, Inc.

Won major project for subsea umbilical handling, spooling, and storage services requiring two large carousels.
Deploying newly acquired 3,500-metric-ton modular offshore carousel designed for vessel assembly, plus an existing carousel.
Work scheduled for H2 2026 with long-term umbilical storage; expands KOIL's technical capabilities and rental equipment platform.
New credit facility from last month financed the new asset; supports broader rental equipment investment and growth strategy.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.