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

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 GlobeNewswire (Ref. ID: 202606111435PRIMZONEFULLFEED9745754) on June 11, 2026, and is solely responsible for the information contained therein.