During the corresponding time, Rignet Inc saw a revenue deteriorated by -26.6 % year on year, sequentially revenue fell by -3.44 %. While revenue at the Rignet Inc 's corporate clients
Rignet Inc's Comment on Sales, Marketing and Customers
In order to streamline the addition of new projects and solidify our position
in the market, we have signed contracts with most customers. The specific services
being provided are defined under individual service orders that generally have
a term of one to three years with renewal options, while land-based locations
are generally shorter term or terminable on short notice without penalty. Service
orders are executed under the contracts for individual remote sites or groups
of sites, and generally may be terminated early on short notice without penalty
in the event of force majeure, breach of the agreement or cold stacking of a
drilling rig.
We have an international customer base comprising many of the largest drilling,
exploration and production and oilfield service, maritime, pipeline and engineering
and construction companies.
Rignet Inc’s Comment on Sales, Marketing and Customers
In order to streamline the addition of new projects and solidify our position
in the market, we have signed contracts with most customers. The specific services
being provided are defined under individual service orders that generally have
a term of one to three years with renewal options, while land-based locations
are generally shorter term or terminable on short notice without penalty. Service
orders are executed under the contracts for individual remote sites or groups
of sites, and generally may be terminated early on short notice without penalty
in the event of force majeure, breach of the agreement or cold stacking of a
drilling rig.
We have an international customer base comprising many of the largest drilling,
exploration and production and oilfield service, maritime, pipeline and engineering
and construction companies.
Sources:
Rignet Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Rignet Inc’s corporate clients.
For your research, we’ve provided 9 tables on Rignet Inc corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
