Company Updates

NextGeo has successfully secured NEN Safety Culture Ladder – Step 3 certification by LRQA (Lloyd’s Register Quality Assurance), a milestone in leading tier-subcontracting companies’ health and safety standards. This accreditation complements NextGeo’s array of ISO QHSE standards granted by DNV since 2016.

FarSounder has announced changes in its leadership. Matthew Zimmerman, the company’s former Executive Vice President of Engineering, is taking the helm as Chief Executive Officer (CEO). Their former CEO, Cheryl M. Zimmerman, is continuing her role as Chairman of the Board as well as taking on the position of Market Development Strategist.

Koil Energy Solutions, Inc. (Koil), formerly known as Deep Down, Inc. (OTCQB: DPDW), an international specialist in subsea energy equipment and services, has announced the receipt of an order to provide hydrogen energy related services. Following its recent rebrand, this is the company’s first commercial success in support of the energy transition.

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