This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

RigNet Qatar W.L.L. Lands Expansion To Managed Network Contract With A Major Drilling Services Provider In Qatar

Service Highlights
  • An accommodation jack-up rig and two land rigs have been added to the existing multi-year fleet contract between RigNet Qatar W.L.L. and this major drilling service provider, providing fully-managed remote communications solutions across the Company's fleet
  • Services include VoIP, enterprise data and Internet access services, supported by network monitoring tools, 24x7 telephone support services and onsite field services, as required, with backhaul to the Company's office via MPLS connection

HOUSTON, Oct. 11, 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 its Qatar subsidiary, RigNet Qatar W.L.L., has been chosen by a major drilling services provider active in Qatar to deliver managed network solutions for one additional offshore accommodation jack-up drilling rig and two additional land drilling rigs in the company's fleet. These services have been added to an existing five-year fleet contract between RigNet Qatar W.L.L. and this important customer.

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, as well as access to business-critical IT applications. As part of the contract, RigNet Qatar W.L.L. will deliver an end-to-end network solution, ensuring the customer derives greater value from its network services through increased standardization and innovation. The solution includes network design, equipment and installation, as well as service and 24/7 network monitoring and support from RigNet's new Global Network Operations Center.

''We are very proud and wish to thank this world-class drilling services provider for selecting RigNet's managed remote communication services for these additional remote assets," said Chris C. Lambert, General Manager of RigNet's Middle East, North Africa and Central Asia Region with headquarters in Doha, Qatar.  "I believe this is another testament to RigNet's commitment to service quality, reliability, and local Qatar market strength,'' he added.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs