Gulf Oil and Gas accountACCOUNT

RigNet, Inc. Completes Acquisition of TECNOR

Source: www.gulfoilandgas.com 2/4/2016, Location: South America

RigNet, Inc., a leading global provider of managed remote communications solutions to the oil and gas industry, has completed the acquisition of Orgtec S.A.P.I. de C.V., d.b.a. TECNOR, a leading provider of telecommunications solutions and services for remote sites on land, sea and air, including a wide array of equipment, voice and data services, satellite coverage and bandwidth options in Mexico. These services are provided to industrial, commercial and private users in a variety of segments from mission critical armed forces and oil & gas operations, to commercial fishing and leisure. TECNOR is based in Monterrey, Mexico.

Under the terms of the transaction, RigNet acquired all of the shares of Orgtec S.A.P.I. de C.V., d.b.a. TECNOR. The acquisition of the business includes all assets, employees, contracts and working capital.

"The completion of this acquisition provides RigNet an even stronger presence in the Mexican market with a diverse portfolio of customers that expands remote sites we serve beyond our traditional oil & gas focus," said Marty Jimmerson, RigNet's Interim CEO and President. "TECNOR's excellent reputation for providing digital solutions through its experienced workforce will provide a strong platform enabling RigNet to launch a wider array of solutions throughout Latin America."

"I am excited that TECNOR is joining RigNet and believe that our two companies complement each other extremely well," said Santiago Zubiria, TECNOR's President and CEO. "RigNet has a global presence with wide-ranging capabilities, critical customer relationships and an extensive network that will help TECNOR drive growth across several industries in Latin America."

Communication News in Mexico >>

Trinidad and Tobago >>  12/10/2019 - Aker Solutions has secured a contract to support the development of BP’s Cypre project, offshore Trinidad and Tobago. ...
Brazil >>  12/9/2019 - Archer Limited announces that effective from the 1st December 2020, Equinor Brasil Oleo e Gas Ltda. have confirmed a new 4 year contract for the provi...

Colombia >>  12/9/2019 - Canacol Energy Ltd. (Canacol) (CNEC) is pleased to announce it has successfully secured a 100% operated working interest in three new conventional gas...
Colombia >>  11/26/2019 - During The Proposal Deposit Hearing Of The Second Cycle Of The Permanent Area Assignment Process (PPAA) Of 2019, Held Today, The Oil Companies Authori...

Trinidad and Tobago >>  11/15/2019 - BP Trinidad & Tobago (BPTT) announced that it has made a gas discovery with the Ginger exploration well, offshore Trinidad. The well is expected to b...
Guyana >>  11/14/2019 - Saipem has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (“EEPGL”) for the proposed Payara de...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Mexico Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.