“This award is further validation of our strategy to rebrand and reposition the company from a provider of components to a full systems provider,” said Charles Njuguna, President and CEO of Koil Energy Solutions, Inc.
The multi-million-dollar project is for the provision of 70+ Multi Quick Connect (MQC) plates, which are critical pieces of subsea infrastructure used to enable the transfer of different fluids between subsea systems. The equipment will be qualified for 20,000 psi applications.
Njuguna concluded, “With 20,000 psi applications being the next frontier in deepwater developments, the selection of our equipment is a testament to our team’s commitment to playing a leading role in the advancement of subsea technology.”
The project is expected to be substantially complete by the end of 2023.