Satnews Daily
November 12th, 2018

Speedcast Expands Schlumberger's Equipment and Global Services

Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF) has been awarded multi-year contracts in multiple countries to enhance existing global services for Schlumberger, a leading oilfield services provider.

The newest improvements include equipment and network upgrades leveraging the latest in modem and terminal technologies in countries such as Pakistan, China, Australia and New Zealand, adding to an extensive list of global network enhancements awarded earlier in 2018 by this customer. Technology upgrades for sites in Latin America as we ll as secure network upgrades and new services commissioned in the Gulf of Mexico, Southeast Asia, Europe, Middle East and Sub-Saharan Africa further demonstrate the strength of the global partnership between the two companies, which have been working together for over 10 years in the most challenging remote and harsh environments.

Executive Comment

Keith Johnson, Speedcast's EVP of Energy, said the company takes great pride in consistently offering enhancements and expansions to the services provided to Schlumberger. Speedcast strives to keep all customers at the cutting-edge of available technologies and services that improve and simplify their critical operations in remote environments anywhere in the world. The company is delighted that Schlumberger leverages Speedcast's scale to maximize their operational efficiencies across the globe for a wide variety of connectivity solutions, from equipment rentals to secure, fully-managed networks.