HOUSTON, May 16, 2011 (GLOBE NEWSWIRE) -- RigNet, Inc. (Nasdaq:RNET), a leading global provider of managed communications solutions for the oil and gas industry, announced that its subsidiary in Oman, RigNet Middle East LLC, has been awarded a Class III VSAT license.
This license allows RigNet to serve Oman's oil and gas industry, both onshore and offshore, offering business critical remote communications services directly to end users. RigNet has a well-established presence in the Middle East region with active business today in Qatar, Saudi Arabia, Iraq and the United Arab Emirates.
Chris C. Lambert, RigNet's general manager for the Middle East, said, "RigNet is proud to expand our remote communications service offerings into Oman. We have eagerly awaited this approval and are excited to be of service to Oman's oil and gas industry. We look forward to providing the same high-quality managed services to Oman that we provide to our oil and gas customers across the globe. The opening of RigNet's Omani operations underscores RigNet's continuing commitment and dedication to the Middle East region."
Addressing the communications challenges faced by oil and gas companies today in remote locations, RigNet uses leading remote communications and IP networking technologies to provide high-quality solutions for broadband data, voice and video communications, as well as real-time data management. RigNet's turnkey solution includes installation, management and support for its customers' communications systems without requiring them to invest in and manage expensive telecommunications equipment. This allows RigNet's customers to enjoy high-quality, state-of-the-art communications services without the high costs and risks associated with an internal solution.
About RigNet, Inc.
RigNet (Nasdaq:RNET) is a leading global provider of managed communications, networks and collaborative applications dedicated to the oil and gas industry. RigNet provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing and real-time data services to remote sites in over 30 countries on six continents, effectively spanning the drilling and production industry. RigNet is based in Houston, Texas. For more information, please visit www.rig.net.
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