Safe & Green Holdings Corp. (NASDAQ: SGBX) Olenox Subsidiary Secures DOT Number as Service Division Prepares for Mobilization
The energy company plans to begin servicing its own wells and market rigs and service equipment to third-party operators. CEO Michael McLaren says the operational restart of the Oil and Gas (“O&G”) service division will reduce maintenance and workover costs. Olenox’s proprietary downhole technologies, including plasma pulse and ultrasonic cleaning tools, will play a central role in the expanded service offering. Safe & Green expects to reach cash-flow positivity in 2026, supported in part by recurring revenue from third-party well services. The company’s energy strategy aligns with ongoing U.S. policy goals focused on strengthening domestic energy production and operational independence.…







