ITC Global
Awarded
Long-term
Contract For
Ultra-Deepwater
Project in
Western Africa
March 7, 2016
ITC Global, a
leading provider
of satellite
communications
to remote and
harsh
environments,
announced today
that it has been
awarded a
multimillion
dollar contract
to provide
remote offshore
communications
to two floating
production,
storage and
offloading
(FPSO) vessels
in
Western Africa.
The seven-year,
$6.5 million
contract,
awarded by
Saipem, is part
of the Kaombo
Field
Development
Project in
offshore
Angola.
The ultra-deepwater
contract is one
of the most
significant
offshore
projects in the
world today,
dedicated to
developing oil
deposits spread
across six
different fields
with water
depths of 1,400
to 1,900 meters
(4,600-6,200
feet).
Saipem is a
world leader in
drilling
services, as
well as in the
engineering,
procurement,
construction and
installation of
pipelines and
complex projects
in the oil and
gas market.
Saipem was
awarded
contracts for
the installation
and
commissioning,
and operation
and maintenance
services for the
FPSO vessels,
which are owned
by leading
European-based
oil and gas
company, Total.
"This award
speaks to ITC
Global's
reputation for
delivering
reliable
communications
for highly
complex projects
in key
geographic
regions for our
customers across
the oil and gas
sector," said
Joe Spytek,
Chief Executive
Officer, ITC
Global. "Our
customers
continue to
count on us for
their long-term
requirements in
Western Africa,
where we are
able to leverage
our local
presence and
expertise."
The FPSOs will
both be
outfitted with
two C-band
stabilized
antenna systems,
delivering
between 5 and 10
Mbps high data
rate service to
each vessel.
"It's a great
example of what
ITC Global can
do in the
current market
environment in
terms of
partnering with
a customer to
understand their
long-term
requirements and
developing a
solution that
still delivers
more bandwidth
and better
performance
while providing
significant cost
efficiencies,"
continued Spytek.
In December, ITC
Global announced
that it had been
awarded multiple
offshore
communications
contracts for
five separate
FPSO vessels
operating in the
Congo,
Angola,
and
Equatorial
Guinea.
This latest
award solidifies
ITC Global as
one of the
industry's most
stable and
trusted
providers.
ITC Global was
acquired by
Panasonic
Corporation in
2015. The
organization has
a long-term
strategy for
growth that
includes an
expanding
network
portfolio of
traditional wide
beam, high
throughput and
extreme high
throughput
capacity,
delivering near
100% uptime with
coverage
spanning 98% of
the world's most
trafficked
maritime routes.
As the world's
largest buyer of
commercial space
segment,
Panasonic is
revolutionizing
today's VSAT
market with
game-changing
pricing and
service
delivery.
