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April 26, 2015 8:14 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: 56
Total Annual Compensation: $451.2K
Chief Financial Officer, Principal Accounting Officer and Senior Vice President
Age: 51
Total Annual Compensation: $287.1K
Senior Vice President, General Counsel and Corporate Secretary
Age: 60
Total Annual Compensation: $259.0K
Group Vice President of Managed Services
Age: 53
Total Annual Compensation: $260.8K
Compensation as of Fiscal Year 2014.

RigNet, Inc. Key Developments

RigNet, Inc. Secures Three Year Contract

RigNet Inc. announced that it has sealed a three-year contract to provide managed network communications solutions to an undisclosed Norwegian international midwater drilling contractor. The provider of digital technology solutions to the oil and gas industry said the managed remote communications solutions will be installed on a semi-submersible offshore drilling rig in the North Sea.

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

RigNet, Inc. 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 vessel in the Gulf of Mexico. 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'sNetwork Operations Center and, if required, local field technician support.

RigNet, Inc. Appoints Hector Maytorena as Group Vice President, Managed Services

RigNet, Inc. announced that it has named Hector Maytorena to the new position of group vice president, Managed Services. In this new role, Maytorena will have global responsibility for leading RigNet's managed remote communications services business across the globe. Mr. Maytorena has held several senior executive positions of increasing responsibility at RigNet, including group vice president, Eastern Hemisphere; vice president and general manager, Western Hemisphere; and vice president, Global Sales & Marketing. Prior to joining RigNet, he served as general manager of Southeast Texas for United Technologies' UTC Fire & Security.

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