Business Services Industry

Baker Oil Tools Awards Maritime Telecommunications Network with Three-year Lease Agreement

Business Wire, Sept 20, 1999

MIAMI--(BUSINESS WIRE)--Sept. 20, 1999--

Maritime Telecommunications Network (MTN), a subsidiary of ICG Communications in Englewood, Colo., proudly announced today that it has been awarded a three-year contract to provide a complete C-band system, including antennas, stabilized platforms and terminal services, onboard Baker Oil Tools' newest vessel, the RC Baker. The RC Baker is currently under construction at Bender Shipyard in Mobile, Ala., and is scheduled for sea duty in mid-September. MTN currently provides communications services to over 30 offshore oilrigs and seismic vessels worldwide. "We are pleased to be able to provide Baker Oil Tools with an affordable method of transporting information in an increasingly competitive global marketplace," said Dave Kagan, president and COO of MTN.

The lease service will be implemented by utilizing two satellite circuits, one primary 128 KBPS circuit with a backup circuit of 64 KBPS. MTN will provide onboard telecommunications services via C-band service, providing voice, fax and data capabilities. "This agreement will give us the ability to provide faster and more cost effective service to our clients," said Charley Scott, senior project engineer, Baker Oil Tools.

The RC Baker will provide completion services to several major oil companies, including Shell Oil, Mobile and Exxon. Another "fracboat," Republic Tide, will be outfitted with a complete communications package in late December or January. "Prior to utilizing MTN's state-of-the-art communications services, data was retrieved from a site and transported to a land location to be processed and disseminated, thus requiring several man hours. Today, data can be uploaded and downloaded instantly," said Tom Vannoy, Gulf Coast Region manager for Sand Control of Baker Oil Tools.

About Baker Oil Tools

Baker Oil Tools is a world leader in total completion, workover, and fishing solutions that help exploration and production companies optimize their hydrocarbon recovery investment. Baker Oil Tools solutions are based on advanced downhole and surface technology, practically applied, to help operators produce at the highest levels and the lowest cost throughout the life of the reservoir. Baker Oil Tools is a division of Baker Hughes Incorporated, a leading worldwide supplier of products, services and solutions to the oil and gas, and process industries. Baker Hughes is headquartered in Houston. More information is available on Baker Hughes' Web site located at http://www.bakerhughes.com.

About Maritime Telecommunications Network

Maritime Telecommunications Network (MTN) is the leading provider of C-Band voice, fax, data and Internet communications to the cruise industry, the U.S. Navy, and to offshore oil and gas platforms around the world. MTN also provides ship-to-shore live video and radio broadcast capabilities in C- or Ku-Band. Through its Earth Station in Holmdel, N.J., it also offers international satellite voice, data and Internet services. MTN and its parent company, ICG Satellite Services, Inc., are divisions of ICG Communications, Inc., which is headquartered in Englewood, Colo. (NASDAQ:ICGX). At present, ICG Communications has entered into an agreement with ATC Teleports, Inc., to sell its Satellite Services division, including its Maritime Telecommunications Network (MTN) subsidiary. Further information is available on ICG's Web site located at http://www.icgcom.com.

COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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