January 17, 2017 10:09 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 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 other valu...

1880 South Dairy Ashford

Suite 300

Houston, TX 77077

United States

Founded in 2000

546 Employees

Phone:

281-674-0100

Fax:

281-674-0101

Key Executives for RigNet, Inc.

Chief Financial Officer, Principal Accounting Officer and Senior Vice President
Age: 52
Total Annual Compensation: $147.5K
Senior Vice President and General Counsel
Age: 62
Total Annual Compensation: $262.0K
Compensation as of Fiscal Year 2015.

RigNet, Inc. Key Developments

RigNet Renews Contract to Provide Maritime Services in the Middle East

RigNet has renewed a multi-year contract with an international oil and gas service company. RigNet will provide services for the customer's energy maritime vessels operating in the Middle East. The customer's vessels will include RigNet's resilient managed communication solution using the latest Very Small Aperture Terminal (VSAT) technology, which is equipped with stabilized antennas. Also, the solution allows for the improvement of bandwidth distribution among the fleet.

Rignet to Provide Managed Services and Over-The-Top Solutions to One of the World’S Largest Offshore Drillers

RigNet, Inc., has renewed a multi-year agreement with a premier offshore driller. RigNet will provide managed services along with a network optimization and a cyber security Over-the-Top (OTT) solution for the customer’s active fleet of drillships, semisubmersibles, and jackups deployed around the world. RigNet will provide a robust managed communication solution using latest technology to connect remote sites to the customer’s network infrastructure. RigNet will supply a WAN optimization solution to optimize network traffic flow. Additionally, RigNet’s intrusion detection system will be installed to ensure real-time monitoring of cyber threats against the IT infrastructure on remote locations.

RigNet, Inc. Wins Systems Integration and Automation Contract with Chiyoda Almana Engineering

RigNet, Inc. announced that it has been awarded a systems integration contract with Chiyoda Almana Engineering to deliver a reliable communication infrastructure for RasGas Company Limited’s (RasGas) Helium 3 recovery facility based in the Middle East. RigNet will provide a detailed network design and engineering for the new facility. The scope of work also includes Public Address & General Alarm (PAGA), Local Area Network (LAN), Optical Transport Network (OTN), CCTV, structured cabling, access control systems and hotline system.

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