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October 09, 2015 8:25 AM ET

Energy Equipment and Services

Company Overview of RigNet, Inc.

Company Overview

RigNet, Inc. provides digital technology solutions to the oil and gas industry. The company operates through three segments: Eastern Hemisphere, Western Hemisphere, and Telecoms Systems Integration. It offers remote communications services through a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network, enabling drilling contractors, oil companies, and oilfield service companies to communicate. The company also offers a communications package of voice, data, video, networking, and real-time data management to offshore and land-based remote locations. It primarily provides voice-over-Internet-protocol, data, and high-speed Internet access, as well as ...

1880 South Dairy Ashford

Suite 300

Houston, TX 77077

United States

Founded in 2000

698 Employees





Key Executives for RigNet, Inc.

Chief Executive Officer, President and Director
Age: 57
Total Annual Compensation: $451.2K
Senior Vice President and General Counsel
Age: 61
Total Annual Compensation: $259.0K
Group Vice President of Managed Services
Age: 54
Total Annual Compensation: $260.8K
Compensation as of Fiscal Year 2014.

RigNet, Inc. Key Developments

RigNet Wins Telecoms EPC Contract for European Wind Farm Infrastructure Development

RigNet, Inc. announced that its RigNet TSI business has been awarded a multi-million dollar contract to deliver communications systems and infrastructure for a high-voltage transmission platform in an offshore wind farm located in the German sector of the North Sea. The award of this contract by a leading UK-based offshore contractor continues company’s long-term success in the delivery of integrated telecommunications and operations support systems for a diverse range of applications and industries. RigNet TSI’s scope of work includes the integration and delivery of critical facility communications infrastructure, including Structured Cabling, Local Area Network (LAN), Wireless LAN (WLAN), Telephony, Public Address /General Alarm (PAGA), Closed Circuit Television (CCTV), Access Control (ACS), Meteorological Systems, Navigation and Lifeboat Radio support for the platform.

RigNet Signs Agreement with Inmarsat to Offer Fleet Xpress Service

RigNet, Inc. has signed an agreement with Inmarsat plc to offer Fleet Xpress, the maritime version of its Global Xpress service, to the oil and gas maritime sector. The agreement will enable RigNet to extend high-speed communications to offshore service and supply vessels within the oil and gas industry across the globe.

Rignet, Inc. Receives Multi-Million Dollar Contract Upgrade, Extension for Major Global Offshore Driller

RigNet, Inc. announced that it has been awarded a multi-million dollar contract upgrade and extension to provide standardized remote offshore communications solutions across 26 jackup and floating rigs in a major European-based offshore driller's fleet. The multi-year contract also includes provision and maintenance of remote communications expected for new offshore rigs as they enter service, bringing to 41 the total number of offshore rigs to be ultimately served by RigNet for this large and important customer. RigNet will deliver a standardized solution across this offshore driller's fleet by providing new cloud-based corporate management and crew welfare networks. The agreement will also expand RigNet's geographic coverage area for this customer to include offshore rigs in Africa and Asia Pacific.

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