KOIL Energy Announces Expansion into Brazil with a New Manufacturing and Service Support Facility
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KOIL Energy Solutions, Inc. is expanding into Brazil by opening a new manufacturing and service support facility in Macaé, targeting the largest subsea market in the world.
March 03, 2025 | 10:15 pm
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KOIL Energy Solutions is expanding into Brazil with a new facility in Macaé, aiming to tap into the largest subsea market globally.
The expansion into Brazil represents a strategic move for KOIL Energy, as it positions the company in the largest subsea market in the world. This could lead to increased revenues and market share, positively impacting the stock price in the short term.
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