Speedcast Appointed to Provide Satellite Communications Services in Malaysia
Kuala Lumpur, Aug 1, 2016 AEST (ABN Newswire) - SpeedCast International Limited (
ASX:SDA), a leading global satellite communications and network service provider, today announced that it has been awarded a multi-year service agreement by a leading global energy company engaged in the exploration and production of crude oil and natural gas ("the Customer"), to provide managed satellite communications services for the Customer's offshore sites in Malaysia.
Under the service agreement, SpeedCast will provide managed VSAT network services for the Customer's Central Processing Platform (CPP) and the Floating Storage and Offloading (FSO) located in Malaysia. The CPP and FSO will share bandwidth dynamically with stringent QoS control, resulting in an efficient allocation of bandwidth to mission critical applications among the sites.
"We are thrilled to have the Customer on board our global VSAT network. SpeedCast field team has been working closely with the Customer to understand their requirements and customize our offering. Our extensive track record in providing advanced VSAT solutions across the globe for prestigious energy clients, and particularly offshore Malaysia with significant field support capabilities, make us stand out from our competition," said Keith Johnson, Senior Vice President, Energy of SpeedCast. "At SpeedCast, we greatly value and appreciate building a long-standing relationship with our customers, fulfilling their communications and IT requirements everywhere they operate." Mr. Johnson added.
This new win is one more demonstration of our growth in the energy sector as we gain market share." PJ Beylier, CEO of SpeedCast, emphasized. "We are seeing growing traction with heavy-weight players in the energy sector as we have built up and demonstrated our engineering, delivery and operational capabilities to the highest level, thus gaining the required credibility that can now open a lot of new doors" He added.
About Speedcast International Ltd
Speedcast International Ltd (ASX:SDA) is the world's most trusted communications and IT services provider, delivering critical communications solutions to the Maritime, Energy, Mining, Media, Telecom, Cruise, NGO, Government, and Enterprise sectors. With more satellite capacity than any other provider, Speedcast enables faster, seamless pole-to-pole coverage from a global hybrid satellite, fiber, cellular, microwave, MPLS, and IP transport network with direct access to public cloud platforms. The company also integrates differentiated technology offerings that provide smarter ways to communicate and distribute content, manage network and remote operations, protect and secure investments, and improve the crew and guest experience. With a passionate customer focus and a strong safety culture, Speedcast serves more than 3,200 customers in over 140 countries. Learn more at www.speedcast.com.
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