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August 28th, 2019

Enhanced Comms Service to be Supplied by RigNet to Borr Drilling

RigNet (NASDAQ: RNET) has signed a multi-year agreement with Borr Drilling (NO: BDRILL) to exclusively provide enhanced managed communication services on any band (C-, Ku- or Ka-) on all of that company's new, premium, jack-up rigs anywhere on the planet.

Borr Drilling owns and operates jack-up rigs of modern and high specification designs and provides services focused on the shallow water segment of the offshore oil and gas industry worldwide.

Borr Drilling’s requirements are to support their initial steps on their digital transformation journey and RigNet’s communications services will provide voice and video, enable critical corporate applications, deliver real-time data, and enhance crew communications over a private, secure network. In addition, RigNet is also providing additional crew welfare services with its CrewConnect portfolio, providing improved crew morale in remote locations, enhancing operational efficiency through reduced employee turnover and increased productivity. CrewConnect provides dedicated crew internet access with Crew Hotspot, with the option to access CrewFlix, RigNet’s Video-On-Demand (VOD) service.

Borr Drilling’s network will be supported by a specialized technical support team, allowing Borr to focus on growing its industry leading fleet and meeting customers’ expectations.

Kjetil Gran, IT Director of Borr Drilling, said RigNet is an important and trusted partner for Borr Drilling. The company relies on stable communication for delivering services to clients. RigNet goes the extra mile to provide reliable and secure communication services globally, from the installation phase to normal operations.

Steven Pickett, CEO of RigNet, added that the company continues to expand the suite of ultra-secure, intelligent networking solutions that help customers such as Borr Drilling to achieve their digital transformation goals.