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Koil Energy Solutions to Provide Cable Services for Wave Energy Application
Koil Energy Solutions to Provide Cable Services for Wave Energy Application
HOUSTON, Dec. 01, 2022 (GLOBE NEWSWIRE) -- HOUSTON – Koil Energy Solutions, Inc. (OTCQB: KLNG) ("Koil Energy" or the "Company"), an international specialist in subsea energy equipment and services, today announced the receipt of an order to provide cable termination services for a wave energy project.
"This award is another step in progressing our core competencies beyond our traditional lines of business in the oil and gas sector," said Charles Njuguna, President and CEO of Koil Energy. "This wave energy opportunity highlights the transferability of our expertise to other energy sectors and provides further validation of our strategy to rebrand and reposition the Company as a leading provider of fully integrated solutions."
The initial phase of the project is scheduled for the fourth quarter of 2022 with additional phases expected to be completed in 2023.
About Koil Energy
Koil Energy is a leading energy services company offering subsea equipment and support services to the world's energy and offshore industries. The Houston-based company founded in 1997 and formerly known as Deep Down, Inc. is comprised of world-class experts in engineering and manufacturing who provide innovative solutions to complex customer challenges with a fearless commitment to Energizing the Future. Koil Energy's highly experienced team can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects located anywhere in the world. Visit to learn more.
Forward-Looking Statements Any forward-looking statements in the preceding paragraphs of this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties in that actual results may differ materially from those projected in the forward-looking statements. In the course of operations, we are subject to certain risk factors, competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw materials and execution of business strategy. For further information, please refer to the Company's filings with the Securities and Exchange Commission, copies of which are available from the Company without charge.
Investor Relations Contact:
Trevor Ashurst
VP of Finance
ir@koilenergy.com
Media Contact:
Hunter Dodson
Pierpont Communications
512-914-6745
hdodson@piercom.com
HOUSTON, Dec. 01, 2022 (GLOBE NEWSWIRE) -- HOUSTON – Koil Energy Solutions, Inc. (OTCQB: KLNG) ("Koil Energy" or the "Company"), an international specialist in subsea energy equipment and services, today announced the receipt of an order to provide cable termination services for a wave energy project.
休斯頓,2022年12月1日(Global Newswire)-國際海底能源設備和服務專業公司休斯頓-Koil Energy Solutions,Inc.(OTCQB:KLNG)(以下簡稱“Koil Energy”或“公司”)今天宣佈收到一份為一個波浪能項目提供電纜終端服務的訂單。
"This award is another step in progressing our core competencies beyond our traditional lines of business in the oil and gas sector," said Charles Njuguna, President and CEO of Koil Energy. "This wave energy opportunity highlights the transferability of our expertise to other energy sectors and provides further validation of our strategy to rebrand and reposition the Company as a leading provider of fully integrated solutions."
Koil Energy首席執行官兼首席執行官查爾斯·恩朱古納表示:“這一獎項是我們在石油和天然氣領域超越傳統業務領域核心能力的又一步。”這一波能機會凸顯了我們的專業知識向其他能源部門轉移的可能性,並進一步證實了我們重新塑造品牌和重新定位公司作為全面集成解決方案的領先供應商的戰略。“
The initial phase of the project is scheduled for the fourth quarter of 2022 with additional phases expected to be completed in 2023.
該項目的第一階段計劃於2022年第四季度完成,其他階段預計將於2023年完成。
About Koil Energy
關於Koil Energy
Koil Energy is a leading energy services company offering subsea equipment and support services to the world's energy and offshore industries. The Houston-based company founded in 1997 and formerly known as Deep Down, Inc. is comprised of world-class experts in engineering and manufacturing who provide innovative solutions to complex customer challenges with a fearless commitment to Energizing the Future. Koil Energy's highly experienced team can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects located anywhere in the world. Visit to learn more.
Koil Energy是一家領先的能源服務公司,為世界能源和近海行業提供海底設備和支持服務。這家總部位於休斯頓的公司成立於1997年,前身為Deep Down,Inc.由世界級的工程和製造專家組成,他們為複雜的客户挑戰提供創新的解決方案,無畏地致力於為未來注入活力。Koil Energy經驗豐富的團隊可以為世界各地的海底工程、製造、安裝、調試和維護項目提供支持。訪問以瞭解更多信息。
Forward-Looking Statements Any forward-looking statements in the preceding paragraphs of this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties in that actual results may differ materially from those projected in the forward-looking statements. In the course of operations, we are subject to certain risk factors, competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw materials and execution of business strategy. For further information, please refer to the Company's filings with the Securities and Exchange Commission, copies of which are available from the Company without charge.
前瞻性陳述本新聞稿前面幾段中的任何前瞻性陳述都是根據1995年《私人證券訴訟改革法》中的安全港條款作出的。請投資者注意,此類前瞻性陳述涉及風險和不確定因素,因為實際結果可能與前瞻性陳述中預測的結果大不相同。在經營過程中,我們受到某些風險因素、競爭和競爭壓力、對一般經濟和工業狀況的敏感性、國際政治和經濟風險、原材料的可獲得性和價格以及商業戰略執行的影響。欲瞭解更多信息,請參閲公司向美國證券交易委員會提交的文件,這些文件的副本可從公司免費獲得。
Investor Relations Contact:
Trevor Ashurst
VP of Finance
ir@koilenergy.com
投資者關係聯繫人:
特雷弗·阿舍斯特
財務副總裁
郵箱:ir@koilenergy.com
Media Contact:
Hunter Dodson
Pierpont Communications
512-914-6745
hdodson@piercom.com
媒體聯繫人:
亨特·多德森
皮爾龐特通信公司
512-914-6745
郵箱:hdodson@piercom.com
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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