Koil Energy to provide LNG energy services

Koil Energy Solutions announced the receipt of an order to provide services for an LNG project in the Gulf of Mexico. The first phase is for installation engineering services, with potential future scopes expected to include custom designed installation equipment, flowline transpooling services and later, a potential long-term service agreement in support of various offshore operations. While the initial phases of the project are expected to be executed within the first half of 2023, discussions are ongoing for a multi-year service agreement similar to existing agreements the company has with major oil and gas operators.