Satnews Daily
November 16th, 2016

A Rigged Contract For RigNet

File photo of a jackup oil rig.

A multi-million dollar contract with a leading offshore drilling contract has been awarded to RigNet, Inc. (NASDAQ:RNET)—the contract includes services for a newbuild, ultra-high specification, jackup rig on contract with an international energy company, operating on the Mariner project in the North Sea.

RigNet was selected as a preferred service provider to accommodate the requirements of the rig owner and operator. The jackup will be equipped with latest VSAT and network technology for operating in the North Sea’s harsh environment. These services will be managed by RigNet’s Global Network Operation Center (GNOC) for technical support, which will include installation, commission, monitoring and maintenance.