ENSCO and RigNet Renew Fleet Wide Contract
HOUSTON, Februrary 6, 2006:
RigNet Inc., a privately held provider of managed communication services to the oil and gas industry, announced today it has renewed its contract with ENSCO Offshore Company to provide voice and high-speed data services to ENSCO’s fleet-wide drilling operations in the Gulf of Mexico. As part of this renewal, RigNet will now be the sole communications provider for ENSCO’s Gulf of Mexico fleet, replacing Caprock Communications who had provided satellite communications.
“By signing of this renewal, ENSCO will continue to receive the high quality RigNet service for its Gulf of Mexico fleet of rigs,” said Omar Kulbrandstad, chief executive officer of RigNet, Inc. “Not only does this demonstrate ENSCO’s confidence in RigNet as a quality service provider, but it also improves our position in the marketplace as a long term player. By having RigNet installed on more rigs, we have a more direct path to better serve the oil and gas industry globally. This advantage will ultimately accelerate our company’s growth.”
As part of the agreement with ENSCO, the RigNet communications solution will continue to be available on each of ENSCO’s 19 rigs operating in this region. This solution provides operators with plug-and-play capabilities for communication between offshore and land-based operations. Data transfer is done in a flexible and secure environment with on-demand capabilities that do not require additional customer investment.
“Reliable voice and data transfer is critical to meeting our operational needs offshore,” said Rob Jeter, manager of voice and data communications for ENSCO. “We prefer to standardize with RigNet because of their proven track record with ENSCO in other parts of the world. RigNet has impressed us with their high quality solution and professional level of service.”
RigNet is currently available on ENSCO’s offshore rigs in the Gulf of Mexico, Asia Pacific, North Sea and the Middle East.
ENSCO is a leading global offshore oil and gas drilling contractor with a fleet of 49 offshore drilling rigs including three under construction.