Olenox Receives DOT Number; Prepares To Mobilize Service Division Assets
SG Blocks, Inc. (SGBX)
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Source: GlobeNewswire
CONROE, Texas, Nov. 24, 2025 (GLOBE NEWSWIRE) -- via IBN -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green” or the “Company”), said that its wholly owned subsidiary Olenox Corp. received its DOT number and is preparing to mobilize its service assets. Safe & Green will start servicing its own assets and is preparing to hire a sales team to market the rigs and other service equipment to third parties as well. Michael McLaren, CEO, Safe & Green Holdings Corp., said: “This is a big step for us to get our service assets mobile and rekindle our O&G [Oil and Gas] service division. Our O&G service division is a key part of our production strategy, being able to do our own work greatly reduces the cost of our maintenance and workover costs. We can now go full out getting our wells back online.” The service division also plays a central role in deploying Olenox’s downhole tooling assets, including its ultrasonic cleaning tool and plasma pulse tool. The Company expects to achieve
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SGBX
News
- Safe & Green Holdings Outlines New Integrated Energy Strategy Following First Year Under Olenox LeadershipGlobeNewswire
- Safe and Green Holdings Announces Its 2025 Record Date and Annual Shareholders Meeting DateGlobeNewswire
- IBN Initiates Coverage of Safe and Green Holdings Corp.GlobeNewswire
- SGBX and Subsidiary Olenox Energy Tout Reliability of Mission-Critical Web Services in Collaborative Partnership with Global Technology Company OneQodeGlobeNewswire
- SGBX Subsidiary Olenox Energy Announces an Aggressive Drilling Agenda Slated to Begin Q4 2025 and Expand Throughout 2026GlobeNewswire
SGBX
Sec Filings
- 12/2/25 - Form 8-K
- 11/14/25 - Form 10-Q
- 11/4/25 - Form PRE
- SGBX's page on the SEC website