Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced it has secured a long-term contract with Diamond Offshore. Diamond Offshore, a leader in offshore drilling, is leveraging Speedcast’s managed communications services across 10 rigs and one shore-based facility.

“Diamond Offshore continues to adapt to the competitive nature of the industry,” said Tim Osburn, CIO, Diamond Offshore. “Through this agreement with Speedcast, Diamond Offshore increases its operational agility, benefiting from Speedcast’s world-class global customer support network. Diamond Offshore is pleased to continue this long-standing relationship with Speedcast.”

Under the terms of the new agreement, Speedcast’s service model yields increased flexibility for Diamond Offshore to better allocate bandwidth as the rig’s communications requirements change and as Diamond Offshore’s operations move from one region of the world to the next. Diamond Offshore’s rigs – a combination of drillships and semisubmersibles – are currently located across the Gulf of Mexico, North Sea, Brazil and Asia Pacific.

Diamond Offshore’s onshore facility and offshore rigs that are included in the agreement will receive fully managed voice and data communications services backed by Speedcast’s proactive network monitoring and management.

“We have a long history of supporting Diamond Offshore with reliable communications, and we couldn’t be more pleased about extending our relationship,” said Keith Johnson, SVP and general manager – Energy, Speedcast. “We worked very closely with Diamond Offshore’s team to make sure we designed the best solution to meet their current needs, while also positioning them to benefit from our continued innovation and product development to add further value in the future.”

About Speedcast International Limited

Speedcast International Ltd (ASX: SDA) 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. With differentiated technology, an intense customer focus and a strong safety culture, Speedcast serves more than 2,000 customers in over 140 countries via 39 teleports, including offshore rigs and cruise ships, 10,000+ maritime vessels and 4,500+ terrestrial sites. Speedcast supports mission-critical applications in industries such as maritime, oil and gas, enterprise, media, cruise and government. Learn more at www.speedcast.com.

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© 2017 Speedcast International Limited. All rights reserved.

Speedcast International LtdPhillip Parker, +1-832-668-2377Director of MarketingPhillip.parker@speedcast.com

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