HOUSTON, July 16, 2012 (GLOBE NEWSWIRE) -- RigNet, Inc. (Nasdaq:RNET), a leading global provider of managed remote communications solutions to the oil and gas industry, today announced that it has signed a two-year contract extension to continue delivering managed communications for two world-class semi-submersible offshore drilling rigs: Transocean Barents and Transocean Spitsbergen, both operating in the Norwegian sector of the North Sea.
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. As part of the contract extension, RigNet will deliver a fully-managed end-to-end IP network solution, relying on VSAT technology for last-mile connectivity, to ensure that the rigs derive greater value from its 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. The end user experience is improved through a WAN optimization service powered by Riverbed® Steelhead® appliances.
Said Øyvind Folge, RigNet's Area Manager for the Nordic Region and Continental Europe, "We are very pleased to be continuing our service to the world's largest offshore driller on these two important semi-submersible rigs operating in the waters off Norway. We look forward to demonstrating the superior value proposition that RigNet offers around reliable connectivity and a growing array of value-added solutions that addresses the acute needs of the demanding oil and gas community."
About RigNet, Inc.
RigNet (Nasdaq:RNET) is a leading global provider of managed remote communications, networks and collaborative applications dedicated to the oil and gas industry, focusing on offshore and onshore drilling rigs, energy production facilities and energy maritime. 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 remote sites in over thirty 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. All other trademarks are the property of their respective owners.
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