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RigNet Inc.

  • Segment: Communications
  • Location: USA
  • Status: Exited
  • Entry: 2004

RigNet is a global provider of high-performance communications networks and real-time-data services for the offshore oil and gas industry. RigNet’s managed service offering will ensure that remote operations have the best possible communications capability for their projects to improve decision making, reduce downtime, and increase productivity.

A Cisco Powered Network, RigNet is a pioneer in applying the latest communications technologies and products to meet and exceed the complex requirements from its global oil and gas customers.

RigNet is based in Houston, Texas with offices in Singapore, Qatar, UAE, UK and Norway. Over 80 installations are currently under contract in areas like Gulf of Mexico, Asia-Pacific, Middle-East and West Africa.

The investment was divested to Cubera Private Equity in a secondary transaction in July 2008.