KOIL Energy buys mobile barge-based carousel for subsea umbilical handling, storage

Reuters2026/07/30 12:45

By:Reuters

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Koil Energy Solutions commissioned a newly acquired mobile, barge-based subsea umbilical carousel on the U.S. Gulf Coast.
Asset was bought earlier in 2026, moved to the Gulf Coast, reassembled, then cleared system integration testing for spooling and storage work.
First project using the mobile carousel with an existing unit is expected to finish in late September 2026.

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: 202607300845PRIMZONEFULLFEED9800411) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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KOIL Energy buys mobile barge-based carousel for subsea umbilical handling, storage

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