. Acquisition allows Tampnet to introduce new services and technology in the Gulf of Mexico
. Strengthens Tampnet’s network infrastructure for the benefit of all customers
. Enters into a long-term strategic roaming agreement with a leading telecom carrier
Tampnet Inc., the US subsidiary of the Norwegian-based leading offshore high capacity and low latency communications provider Tampnet AS (“Tampnet”), has reached an agreement to acquire Broadpoint LLC (“Broadpoint”), a pioneer within offshore communications to the Oil & Gas (“O&G”) industry in the Gulf of Mexico (“GoM”). In addition, Tampnet has entered into a long-term strategic roaming agreement with a leading telecom carrier.
Broadpoint owns and operates a 2G/GSM (“2G”) network consisting of around 50 base stations with placements on rigs and platforms in the GoM, as well as certain telecom frequency licenses, and is serving the offshore industry in the GoM. Broadpoint also provides roaming services to telecom carriers who, in turn, offer voice and data services to their clients in remote offshore areas. Tampnet will with the acquisition offer premium, Gulf-wide 4G/LTE (“4G”) coverage to the O&G industry in the region, its resellers and its roaming partners by upgrading the existing 2G network to offer robust and reliable 4G service. In parallel to the very strategic acquisition of Broadpoint, Tampnet has entered into a long-term roaming agreement with a leading telecom carrier – enabling the carrier to utilize the state-of-the art, offshore 4G infrastructure to offer high-capacity and low-latency data and voice services to its clients in the GoM.
“This is an important strategic step for Tampnet’s presence in the GoM and also a great leap for the O&G industry in the region. We are excited about being able to provide the industry with the latest high capacity and low latency 4G-technology in the same manner as we do in the North Sea. We believe that this will not only enable OPEX reduction potential for the O&G industry, but more importantly, also improve the HSEQ standards”, said Per Helge Svensson, CEO of Tampnet Group.
“Tampnet is already operating the world’s largest 4G/LTE network serving the O&G industry in the North Sea and they are clearly the leading company with skills to build and operate a network infrastructure in a harsh offshore environment. We feel confident that Tampnet can develop the GoM infrastructure to the next level introducing 4G/LTE services”, said Jonathan Foxman, President & CEO of Broadpoint.
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 on the Danish, Norwegian and the UK continental shelves of the North Sea as well as in the GoM. 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 4G base stations. Tampnet is since 2012 owned by the EQT Infrastructure I and EQT Infrastructure II funds (“EQT Infrastructure”). EQT Infrastructure is part of EQT, the leading private equity group in Northern Europe with over EUR 22 billion in raised capital. EQT Infrastructure has extensive experience from both the communication and O&G sectors, and sees strong growth and strategic development potential for Tampnet with the acquisition of Broadpoint and the long-term partnership with the telecom carrier.
The foregoing transactions are subject to customary closing conditions, including Federal Communications Commission approvals. The transactions are anticipated to close in late 2015 or early 2016.
Per Helge Svensson, CEO, Tampnet Group
+47 905 29 868
David Heximer, CEO & President, Tampnet Inc.
+1 337 255 1594
Jonathan Foxman, President & CEO, Broadpoint
+1 610 535-6901
By Alcatel-Lucent Press Release
Alcatel-Lucent (Euronext and NYSE: ALU) and Nextgen Group, a leading supplier of network connectivity, data centre facilities and cloud services in Australia, will roll out a 2000 km undersea cable system between Darwin and Port Hedland, in North West Australia.
The subsea fiber-optic cable system will provide the INPEX Ichthys Liquefied Natural Gas (LNG) and Shell Prelude Floating Liquefied Natural Gas (FLNG) projects located in the Browse Basin off North West Australia with access to high-speed data and voice communication services for the life of their operations. Work will commence in May 2014 and is scheduled for completion in 2016.
The Prelude and Ichthys projects will contribute equally to the construction of the system, which will be built by Alcatel-Lucent and will be owned and operated by the Nextgen Group. The system will provide superior reliability and quality when compared to other available communications solutions. The system has a design capacity of more than 3.2 terabits-per-second (Tbit/s), with the potential to be upgraded to more than 32 Tbit/s.
Ichthys Project Managing Director Louis Bon said constructing subsea infrastructure of this kind for private customers on the mainland was an Australian first. “This is a great achievement for the Ichthys Project and an excellent example of what collaboration in the oil and gas industry can achieve,” Mr. Bon added. “It means that both of these projects, far north of Port Hedland, will be connected to data centers thousands of kilometers away in Perth.”
Shell Prelude Asset Manager Jim Marshall said Prelude FLNG’s close proximity to Ichthys represented a significant opportunity for INPEX and Shell to achieve a better technical and commercial outcome. “The subsea cable will give us a highly reliable and stable high-speed voice and data service which is essential for effective and efficient operations at our future offshore facilities,” Mr. Marshall added. “It means that workers at Shell and INPEX will have an ultra high speed communications link so they can stay in touch with their friends and families while working at offshore facilities. Our investment will also establish a valuable piece of infrastructure that has the capacity to support the development of future offshore resources in the Browse Basin.”
Nextgen CEO Peter McGrath said the project would provide essential support to Australia’s offshore oil and gas industry. It will also establish an alternative backhaul path to Perth supporting high capacity voice and data services on land. “As an Australian company we are delighted to support two global leaders working in a sector that is the heartbeat of the national economy. This project builds on our successful track record of delivering high speed communications links for businesses, government and other users in underserviced regional and remote markets,” Mr. McGrath added.
Philippe Dumont, President of Alcatel-Lucent Submarine Networks, said: “Submarine fiber optic technology offers higher bandwidth availability, greater reliability and lower latency which are of critical importance to enhance the efficiency of operations on and offshore. This project further expands our presence in the oil and gas sector and is a prime example of how submarine fiber optic has become a standard for oil and gas companies to connect their offshore assets. It also demonstrates how technology advances can accompany the evolution of economic and energy needs, and address the needs of our customers to better control risks regarding system quality and project management.”
ABOUT NEXTGEN GROUP
Nextgen Group is a leading provider of network connectivity, data centre facilities and cloud services for Australian businesses, government agencies and telecommunications service providers. We deliver innovative and customized solutions to our customers, keeping them at the forefront of technological change. For more information visit www.nextgengroup.com.au
ABOUT ALCATEL-LUCENT (EURONEXT PARIS AND NYSE: ALU)
We are at the forefront of global communications, providing products and innovations in IP and cloud networking, as well as ultra-broadband fixed and wireless access to service providers and their customers, and to enterprises and institutions throughout the world.
Underpinning us in driving the industrial transformation from voice telephony to high-speed digital delivery of data, video and information is Bell Labs, an integral part of the Group and one of the world’s foremost technology research institutes, responsible for countless breakthroughs that have shaped the networking and communications industry. Our innovations have resulted in our Group being recognized by Thomson Reuters as a Top 100 Global Innovator, as well as being named by MIT Technology Review as amongst 2012’s Top 50 “World’s Most Innovative Companies”. We have also been recognized for innovation in sustainability, being named Industry Group Leader in the Technology Hardware & Equipment sector in the 2013 Dow Jones Sustainability Indices review, for making global communications more sustainable, affordable and accessible, all in pursuit of the Group’s mission to realize the potential of a connected world.
With revenues of Euro 14.4 billion in 2013, Alcatel-Lucent is listed on the Paris and New York stock exchanges (Euronext and NYSE: ALU). The company is incorporated in France and headquartered in Paris.
By Your Industry News
nkt cables’ f2c (flow to customer) factory in Cologne received an official visit from Environmental Ministers from two regional German government bodies on September 13th. The visit was part of a joint initiative of a group of companies and organizations within the German offshore wind industry. With the group’s focus on innovation, supply chain and climate protection, the visit intended to recognize the contribution of specialist companies like nkt cables for securing clean, renewable offshore wind energy for a sustainable future.
The transition towards harnessing sustainable forms of energy is one of the key technological and political challenges of the coming decades, and political engagement is of great importance to the future development of offshore wind industry. Because of the high startup costs, extra incentives are needed in order to attract investment in offshore wind, and drive sustainable development forward. This depends to a great degree on political decisions made at regional, national and international levels.
By Energy Business Review, Staff Writer
Nexans has received a contract from to BKK Nett to enhance reliability and capacity of Norway's power supply network with installation of its advanced submarine cables.
Under the €78m contract, the company will install 420kV XLPE (cross-linked polyethylene) insulated submarine cables as part of a new power link crossing two of Norway's fjords, namely Hjeltefjorden and Lurefjorden.
Specifically, Nexans is providing a comprehensive turnkey service to BKK for the design, manufacture, supply and installation of a total of 90km of single-core XLPE cable.
Scheduled to be installed in three parallel lengths to create a three-phase AC connection, rated at 420kV, the cables will be protected by outer shells or water jetting from shore to 30m water depth.
Subsea cable installation companies Global Marine Systems, Ltd. and PT Ketrosden Triasmitra have announced their agreement to form a joint venture to provide subsea cable engineering and installation services to the telecommunications and oil & gas industries within the Indonesian market.
The partnership between the two companies will see the installation of more than 600km of cable this year as the companies collaborate on the Luwuk-Tutuyan and Jambi-Batam submarine cable projects, and another 2000km projected over 2014.
The joint venture will address the Indonesian market and will own and operate cabotage compliant vessels.
In addition, the joint venture will provide feasibility studies, marine survey, shallow and deep water installation and burial solutions.
“Global Marine, with its unparalleled history in the provision of services to the submarine cable industry, is the ideal partner to expand our expertise and quality of service for our customers in Indonesia,” stated Ketut Romadhi, Triasmitra’s Founder and Chief Executive Officer.
“This partnership will position us well to further develop our telecommunications network and build upon our successes to date, while at the same our teams will have the benefit of learning from Global Marine’s long-standing experience in cable installation,” added Septono Karyadi, Triasmitra’s Managing Director.
“This is an important agreement for Global Marine,” stated Ian Douglas, Global Marine’s Chief Executive Officer. “We have worked closely with Triasmitra for many years and together have deployed a significant amount of cable in Indonesian waters. The joint venture represents each organization’s strong commitment to provide customers with a single source for quality subsea engineering and installation solutions.”
“After many years of collaboration on subsea installation and cable repair work, we are delighted to formalize our relationship with this agreement. This partnership supports Global Marine’s long history of success in providing subsea cable services to our global customer base, while simultaneously supporting Triasmitra’s continued growth and success in the Indonesian market,” addedGlobal Marine’s Corporate Development Director, Mike Constable.
About Global Marine Systems
Global Marine Systems, Ltd. is a leading provider of engineering and underwater services, responding to the subsea cable installation, maintenance and burial requirements of our customers around the world. With a fleet of vessels and specialized subsea trenching and burial equipment, we bring a 160 year legacy in deep and shallow water cable operations. Global Marine offers cost effective solutions with consistently high service standards for our customers.