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SpeedCast wins new contract in the Middle East from major oilfield service provider

19 May 2016

SpeedCast International Limited  has been awarded a contract to provide one of the most prestigious global oilfield service companies in the world (‘Customer’) with a fully managed network service for ten sites in the UAE and Oman, as an expansion to current services in other regions.

Keith Johnson, Senior Vice President & General Manager – Energy, SpeedCast, said: “Managed services create significant value for our customers as SpeedCast delivers end-to-end service managing and controls all aspects of the network as well as the complexity of the local licensing and regulatory requirements. That way, we ensure networks are delivered on-time and on-budget, comply with local laws, and meet the most demanding operational standards. With a managed service agreement, we can react quickly to new requirements and provide services to new sites in a seamless manner.”

“This win demonstrates our ability to achieve revenue synergies as a result of our recent acquisitions," Pierre Jean Beylier, CEO of SpeedCast, commented. “We have been serving the Customer through different entities in different regions and we are now growing as a more significant global partner for them. Our recent acquisitions position us well to expand our services to regions where we have not had a strong presence historically. The Middle East is a good example of that with our expanded Dubai office and our office in Iraq. Our unique global infrastructure and service network are positioning