Speedcast Clinches Satellite Comms Services Contract in China

SpeedCast International Ltd., a global satellite communications and network service provider, reported Tuesday that it has been awarded a sizeable multi-year service agreement to provide managed satellite communications services by a leading global energy service company.

Under the agreement, SpeedCast will provide fully managed VSAT (very small aperture terminal) network services to 18 wellsite locations throughout China.

"This is the third major services agreement awarded to SpeedCast by the Customer in the past 12 months ... The Customer will be able to drive global network consistency and gain efficiencies as additional countries come under a common global managed service. The Customer is now able to better manage resources and streamline operational processes by working with us across various countries and three continents," Keith Johnson, senior vice president, Energy of SpeedCast said in the media release.

"This is our first service implementation for an Energy Customer in China ... It is therefore an important milestone that opens the door to more developments in China. Even more importantly, it validates our vision to establish SpeedCast as a leading global service provider, able to serve blue chip energy customers on a global basis, and as thus to win market share versus long established competitors in that sector," PJ Beylier, CEO of SpeedCast, said.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  ExxonMobil Starts Fuels Production at ... (Sep 21)
 -  How to Become a Safety Engineer (Sep 18)
 -  How to Become a Geologist (Sep 15)
 -  Oil, Gas Industry Leadership Group to ... (Sep 14)
 -  CB&I Wins China PDH Unit Contract (Sep 11)


Most Popular Articles

From the Career Center
Jobs that may interest you
Petroleum Inspection Manager
Expertise: Field Service Tech|Marine Surveying|Surveying
Location: New Orleans, LA
 
Operator 1 - TCP
Expertise: Perforation
Location: Oklahoma City, OK
 
Fluids Plant Operator
Expertise: Maintenance Technician|Mud Engineer / Drilling Fluids|Refinery / Plant Operator
Location: Monahans, TX
 
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours