• KOIL Energy won a major project for subsea umbilical handling, spooling, and storage services, requiring deployment of two large carousels.
• Work will use a newly acquired 3,500-metric-ton modular mobile offshore carousel alongside an existing carousel from the fleet.
• Service execution is scheduled for the second half of 2026, followed by long-term storage of the customer’s umbilical system.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Koil Energy Solitions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-004890), on June 17, 2026, and is solely responsible for the information contained therein.