Satnews Daily
September 24th, 2015

RigNet Drills Down ... To The Comms Solutions

[Satnews] RigNet, Inc. (NASDAQ:RNET) has been awarded a contract to provide remote communications solutions to a premium offshore driller across its entire global fleet of existing and newbuild rigs.

RigNet will provide comprehensive managed remote communications solutions across the customer’s fleet of jackups, drill ships and semi-submersibles operating in the U.S. Gulf of Mexico, Asia Pacific, Europe and Africa regions.  The contract includes provision and maintenance of both stabilized and fixed antennas to deliver communications across multiple satellite bands for greater flexibility.

Executive Comment

“RigNet is uniquely positioned to provide the mission critical service and support demanded by the offshore drilling industry,” said Mark Slaughter, RigNet’s CEO and President.  “From service locations and field service technicians positioned in every major energy-producing region, to our proven track record in the industry, RigNet provides a degree of tailored service and support that generalist service providers simply cannot match.”

“The increasing complexity of offshore drilling operations is driving demand for robust, reliable digital technology solutions,” said Hector Maytorena, RigNet’s Group Vice President, Managed Services.  “RigNet is pleased to have the opportunity to help this new and important customer position for continued success with support from scalable and standardized remote communications solutions.”