Solution to include fully-managed advanced VSAT solutions across Asia for Malaysian oil and gas operator

Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), the world's most trusted provider of remote communication and IT solutions, announced today that it has been awarded a new multi-year contract valued at over US$10 million from one of the region's top multinational operators to deliver fully-managed VSAT communications to a fleet of oil and gas platforms and vessels across Asia.

This customer required a communications solution that could be delivered across its production platforms, drilling rigs and FPSOs in multiple countries, with unique requirements on each asset. Speedcast was awarded the contract for new business to deliver fully-managed VSAT onboard its offshore assets, replacing the incumbent. This solution leverages C-Band advanced VSAT on multiple satellites for highly-redundant coverage and a dedicated SCPC network to ensure security, reliability and network efficiency on each asset.

"The commissioning of our services for these new assets is a testament to the trust we have built with this customer by delivering on their needs in Malaysia and other locations in Africa, while growing the relationship into a more strategic partnership," said Keith Johnson, Speedcast's COO and EVP of Energy. "As one of the Asia Pacific region's top rated fully-managed integrators for the oil and gas market, many drilling companies and operators rely on Speedcast to keep daily operations and revenue-generating activities constantly running. We are thankful that our customer has expanded our relationship and trusts us to serve their fleet of offshore assets in multiple countries."

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About Speedcast International Ltd

Speedcast International Ltd (ASX:SDA) is the world's largest remote communications and IT services provider. The company delivers critical communications solutions through its multi-access technology, multi-band and multi-orbit network of 80+ satellites and an interconnecting global terrestrial network, bolstered by extensive local support from 40+ countries. Speedcast is uniquely positioned as a strategic partner, tailoring communications, IT and digital solutions to meet customer needs and enable business transformation. The company provides managed information services with differentiated technology offerings, including cybersecurity, crew welfare, content solutions, data and voice applications, IoT solutions and network systems integration services. With a passionate customer focus and a strong safety culture, Speedcast serves more than 3,200 customers in over 140 countries in sectors such as Maritime, Energy, Mining, Enterprise, Media, Cruise, Humanitarian and Government. Learn more at



Toni Lee Rudnicki
Vice President, Global Marketing
Speedcast International Ltd
+T: 1-832-668-2634

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