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RigNet Signs Two-Year Contract for Managed Remote Communications Services With a Major Oil and Gas Operator in the Gulf of Mexico

RigNet Service Highlights

  • Provide comprehensive and turnkey managed remote communications solutions for the operator's FPSO, the deepest production facility in the world at approximately 2,900 meters (9,500 feet) of water
  • Provide 24/7 network monitoring tools and support services from RigNet's Network Operations Center, with onsite support services as required

HOUSTON, March 19, 2015 (GLOBE NEWSWIRE) -- RigNet, Inc. (Nasdaq:RNET), a leading global provider of digital technology solutions to the oil and gas industry, today announced that it has signed a two-year contract with a major oil and gas operator to deliver managed network communications on an ultra-deepwater oil and gas floating production storage and offloading (FPSO) vessel in the Gulf of Mexico.

"We are proud to deliver mission critical remote communications for this FPSO," said Chris Lambert, RigNet's region vice president, Gulf of Mexico. "RigNet has been providing service to this operator for many years, and this new build shows their confidence in our ability to provide industry-leading solutions and superior customer service."

A high-performance and secure network is a high priority for the oil and gas community, ensuring effective and reliable communications, both offshore and onshore, and access to business-critical IT applications. Through this contract, RigNet is delivering a fully-managed end-to-end IP network solution using VSAT technology for last-mile connectivity. RigNet's fully managed network solutions ensure that the rig derives greater value from network services through increased standardization and innovation. The solution includes VoIP, enterprise data and Internet access services supported by 24/7 network monitoring and support from RigNet's Network Operations Center and, if required, local field technician support.

About RigNet

RigNet (Nasdaq:RNET) is a leading global provider of digital technology solutions to the oil and gas industry, focusing on serving offshore and onshore drilling rigs, energy production facilities and energy maritime vessels. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing and real-time data services to over 1,200 remote sites in fifty countries on six continents, effectively spanning the drilling and production industry. RigNet is based in Houston, Texas. For more information, please visit www.rig.net. RigNet is a registered trademark of RigNet, Inc.

CONTACT: Media Contact: Rajesh Salem Vice President - Strategy & Marketing Tel: +1 (281) 674-0111 media@rig.net

Source:RigNet, Inc.