HOUSTON, June 11, 2026 (GLOBE NEWSWIRE) -- KOIL Energy Solutions Inc. (OTCQB: KLNG), a leading international provider of subsea equipment and services, today announced the award of a major project for subsea umbilical handling, spooling, and storage services. This project requires two large carousels, and KOIL will deploy both a newly acquired, large mobile offshore carousel and an existing carousel asset to execute the work.