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Satnews Daily
May 19th, 2017

Speedcast Gains Four Service Contracts with O&G Operators

Speedcast International Limited (ASX: SDA) has secured four new contracts for professional services with oil and gas operators in the North Sea and Asia-Pacific region.

In the North Sea, Speedcast will provide engineering and systems integration support through the testing and commissioning of various equipment including public address and general alarm (PA/GA) systems, closed-circuit television (CCTV), ultra high frequency (UHF) and very high frequency(VHF) radios, Global Maritime Distress and Safety System (GMDSS), and radar and aeronautical navigation beacons during the final part of a shipyard fit-out phase before providing ongoing support during the critical period from sail-away to first oil. The team will then execute a full handover to the operator to complete the contract.
Additionally, Speedcast has expanded its professional services role with two major operators in the North Sea to complement and provide network support to the specialist teams who it already supports through radio operator, telecom technician and project/service delivery positions.
Finally, Speedcast will provide engineering resources to another large oil and gas operator to help commission the telecommunication services on a new platform in Malaysia. Speedcast’s professional services group provides short- or long-term technical manpower and expertise on a dedicated, project- or part-time basis at customer sites or at one of Speedcast’s global points of presence. Past professional services projects include end-to-end management of client networks, license facilitation and operation and maintenance of existing, client-owned IT systems and telecom equipment.
Keith Johnson, Executive Vice President, Energy, Speedcast, noted that embedding a Speedcast employee on-site at a customer location further strengthens the firm's relationship and enables clients to focus on their core business rather than their telecommunications networks. Professional services is an area where Speedcast is  adding resources because of the increasing interest from customers for a partner that can provide a full range of products and services, not just connectivity.