Koil Energy Solutions Stock Price, News & Analysis

KOIL Energy Solutions, Inc. (OTCQB: KLNG) is an energy services company that focuses on subsea equipment and support services for the world’s energy and offshore industries. The company is described in its public communications as an international specialist in subsea equipment and services, with particular emphasis on deepwater energy production and distribution equipment and services. Founded in 1997, KOIL Energy is based in Houston, Texas and supports subsea projects that can be located anywhere in the world.

According to KOIL Energy’s own descriptions, the business addresses complex customer challenges that arise between the production facility and the energy source in offshore and deepwater environments. The company highlights its expertise in engineering and manufacturing and notes that its team provides technical solutions and services that are applied to subsea fields and offshore installations.

Core services and subsea technologies

KOIL Energy states that its core services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, and related services. The company also reports that it can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects. These capabilities are positioned around subsea distribution systems and subsea installation systems used in offshore energy projects.

In multiple contract announcements, KOIL Energy describes work scopes that include engineering, procurement, fabrication, assembly, integration, and testing of subsea equipment. The company emphasizes that these activities are carried out at its manufacturing facility in Houston, Texas. It also notes that its service team can provide commissioning services and other project support for subsea tiebacks and related offshore work.

Subsea distribution and safety systems

KOIL Energy’s news releases describe specific types of subsea equipment and systems that the company manufactures and delivers. For a subsea distribution system project in the Gulf of America, KOIL Energy reports that it will manufacture subsea umbilical termination assemblies (SUTAs), hydraulic distribution manifolds (HDMs), steel tube flying leads (STFLs), mudmat structures, and ancillary hardware. The company’s service team is described as responsible for integrating and testing these systems, including the incorporation of KOIL-manufactured equipment with equipment from other subsea suppliers.

In another contract announcement, KOIL Energy notes that it has been awarded a contract that includes control equipment for a subsea isolation valve system. The company explains that the purpose of this system is to protect an offshore platform and its personnel from the unintended release of hydrocarbons from subsea wells. The contract scope includes engineering, procurement, and manufacturing of KOIL’s technical solution for Subsea Safety Control Systems, with engineering and procurement followed by manufacturing at its production facility in Houston.

Deepwater projects and subsea tiebacks

KOIL Energy identifies itself as a specialist in deepwater energy production and distribution equipment and services. In its project updates, the company describes work on subsea tieback projects in the Gulf of America and other offshore locations. One contract involves supplying a subsea distribution system for a deepwater project, including equipment that ties back to an existing subsea field and controls additional subsea assets such as pipeline end manifolds (PLEMs) and trees.

The company also reports being selected as a supplier for a major international greenfield project that includes the design and manufacture of more than 20 proprietary subsea flying leads. KOIL Energy states that this project will be carried out over an extended period at its Houston facility, with follow-on service work expected at a later stage, and describes it as one of its larger projects in recent years.

Support for installation systems and offshore vessels

In addition to subsea distribution equipment, KOIL Energy reports a significant manufacturing contract with an international offshore installation company. The described scope of work includes engineering, procurement, and fabrication of major steel components to support the modification of a large vessel-mounted installation carousel. According to the company, these enhancements allow the client-owned carousel to meet project specifications for the subsea deployment of a flexible product in South America. KOIL Energy refers to itself as an expert in providing equipment and services for subsea installation systems in connection with this work.

Renewables and international activity

KOIL Energy’s financial updates mention that its services have expanded into renewables, including a contract handling the spooling of subsea power cables for an offshore wind farm project. The company also notes that it has been awarded its first contracts in Brazil, which include a maintenance survey on a production vessel off the coast of Brazil and a rental equipment agreement for subsea deployment frames that are being fabricated in country. These items are presented by the company as part of its broader growth strategy and geographic reach.

Manufacturing base and project execution

Across several announcements, KOIL Energy highlights its state-of-the-art manufacturing facility in Houston, Texas as the primary location for engineering, fabrication, assembly, integration, and testing of subsea equipment. The company states that additional skilled contractor personnel can be mobilized for specific projects and that work scopes often include full project lifecycles from engineering and procurement through to manufacturing and testing.

KOIL Energy describes itself as publicly recognized for providing competitive, high-performance subsea systems globally. It attributes this to practical design solutions and a vertically integrated supply chain, which it states help deliver reliable and efficient subsea products with competitive delivery times.

Public company and investor communications

KOIL Energy Solutions, Inc. trades under the ticker symbol KLNG on the OTCQB market. The company issues earnings releases and schedules investor conference calls to discuss its quarterly results, and it indicates that earnings releases and call replays are made available in the investors section of its website. In its communications, KOIL Energy presents metrics such as revenues, gross margin, and adjusted EBITDA, and provides commentary on order intake, service activity, and project awards as indicators of its business performance.

In addition to financial updates, KOIL Energy participates in investor conferences, where its leadership presents and hosts one-on-one meetings with investors. These activities are part of the company’s outreach to the investment community as an OTCQB-listed issuer.

Company positioning and expertise

KOIL Energy describes itself as a leading energy services company in the subsea segment, with a team of experts in engineering and manufacturing. The company emphasizes its focus on subsea equipment and support services for energy and offshore industries, including deepwater projects, subsea tiebacks, subsea safety control systems, and subsea installation systems. Its stated capabilities cover engineering, manufacturing, installation support, commissioning, and maintenance for subsea projects around the world.

According to its public statements, KOIL Energy’s approach centers on practical design, integrated project execution, and a vertically integrated supply chain. The company presents these attributes as key to delivering subsea distribution systems, umbilical terminations, steel tube flying leads, and related equipment and services for offshore energy and renewable projects.