Speedcast signs reseller deal with Tampnet

Speedcast International Limited (ASX: SDA) has signed a reseller agreement with Tampnet for 4G/LTE services in the Gulf of Mexico, the company said.

The agreement marks Speedcast as the first service provider to partner with Tampnet for its high capacity offshore network in the region.

Tampnet announced in March that it has reached 25% of its planned coverage for the Gulf of Mexico.

Upon completion at the end of 2018, Tampnet will have a low latency, high capacity fiber and microwave network made up of more than 60 base stations that they estimate will cover 98% of all manned offshore assets.

Tampnet currently owns a similarly designed offshore low-latency network in the North Sea which has been in operation since 2001. Offshore LTE has been available in the North Sea since 2013.

Tampnet´s new Gulf of Mexico network comes at a time when the oil and gas industry is looking to advancements in communications to help better support the operations of offshore platforms, increase safety measures and improve crew morale.

The LTE network will be supported by the largest high-capacity, low-latency backhaul network in the Gulf of Mexico — based on state-of-the-art, carrier-grade microwave equipment and the only offshore fiber network in the Gulf of Mexico, making the LTE network and services offering truly unique.

Speedcast International is the world´s most trusted provider of highly reliable, fully managed, end-to-end remote communication and IT solutions. The company utilizes an extensive worldwide footprint of local support, infrastructure and coverage to design, integrate, secure and optimize networks tailored to customer needs.

Tampnet operates the largest offshore high capacity communication network in the world and serves more than 240 O&G platforms, floating production storage and offloading units (FPSOs) and exploration rigs in the GoM, as well as on the Danish, Norwegian and the UK continental shelves of the North Sea. In total, Tampnet owns and operates a redundant offshore infrastructure network based on 2,500km of subsea fiber optic cable in the North Sea, complemented with a large number of high-capacity, carrier grade radio links and a high number of 4G base stations.