KOIL Energy Solutions, Inc., a global leader in subsea equipment and services, today announced that it has secured a significant contract in Brazil, marking the Company’s first subsea umbilical maintenance campaign in the world’s largest deepwater market.

“This first significant contract in Brazil represents an exciting milestone for KOIL as we bring our proven technology into the Brazilian offshore market,” said Erik Wiik, President and Chief Executive Officer of KOIL Energy. “Our team has successfully executed this type of work many times throughout the industry, giving us a well-established solution for maintaining critical subsea infrastructure. This project represents a major step towards establishing KOIL as the preferred provider of subsea umbilical maintenance services throughout the region.”

The contract includes the re-termination and testing of umbilical elements including chemical injection and hydraulic control lines, as well as electrical cables. KOIL is utilizing proprietary methodology and specialized equipment to safely and efficiently perform the pull-in, removal, and replacement of new elements.

Planning, engineering, qualifications and procurement activities will be performed from KOIL’s operational base in Macaé, Brazil, with engineering support provided from KOIL’s Houston, Texas facility. The first offshore maintenance campaign is scheduled to commence during the fourth quarter of 2026.

KOIL has developed and refined industry-leading subsea umbilical maintenance technologies through the successful execution of numerous offshore campaigns around the world. Building on this proven technical foundation, the Company has established effective engineering processes, specialized tooling, and execution methodologies that enable operators to safely restore critical subsea infrastructure.

Upon successful completion of this campaign, KOIL believes significant opportunities exist for additional maintenance work both with the current operator and across the broader Brazilian offshore market.