Satnews Daily
September 21st, 2016

RigNet's New Multi-Vessel Contract Is A Good Fit

A new multi-vessel contract is the reward for RigNet Inc.'s (NASDAQ:RNET) services for a managed communication network for an international offshore energy service company. The company provides well intervention, subsea contracting and other services. Additionally, RigNet is delivering communication services to a national oil company and the vessel owner through their customer for their operations in Brazil.

Steven Pickett, RigNet’s CEO and president.“We are delighted to be given the opportunity to provide RigNet’s managed services and Network Operation Center’s support to our customer and the two other customers onboard the vessels. Our valued customer performs critical services to a wide variety of energy customers. We are committed to deliver the high quality of service our brand is built on to all of our customers.”  

To ensure reliable and secure communications for these vessels, RigNet will use VSAT technology to deliver a fully managed, end-to-end, network. The contract includes managed communications by RigNet’s Global Network Operation Centers (GNOC) for technical support, which will include installation, commission, monitoring and maintenance.