Friday 27 October 2017

Increase in Adoption of Satellite Communication by Global Oil and Gas Companies

The global maritime VSAT market was valued at USD 2 billion in 2016 and is expected to surpass USD 3 billion by 2021. This may be due to the increase in the adoption of satellite communication by global oil and gas companies. The companies are using satellite communication to monitor oil and gas rigs. The transportation of oil and gas through underwater pipelines or via shipping facilities requires 24/7 surveillance, owing to the high risk and financial loss due to leakage. That’s why oil and gas companies are now using maritime internet communication equipment for remote surveillance, monitoring of rig sites and maintenance of these pipelines.

Maritime VSAT Applications for Oil and Gas Industry

MVSAT provides unlimited maritime satellite communications, delivering operational efficiency, and value added maritime solutions. 100% of the oil rigs are running VSAT networks to support heavy-bandwidth applications, such as live video for rig monitoring, transfer of heavy seismic data, crew training, pipeline monitoring, asset tracking, and cloud computing.

• VSAT solutions for the maritime sector support deep well drilling rigs and ships, such as FPSO, support vessels, and semi-submersible rigs.
• Fixed antennae VSAT solutions are used for shallow water drilling jobs, jack-up rigs and lift boats.
• Offshore drilling takes place in the harshest environments on earth. With VSAT satellite services, all offshore communications requirements can be met with the highest level of security including IP and radio encryption.
• Shale gas industry is also using VSAT satellite and wireless network infrastructure to facilitate shale gas exploration, seamless operation, greater performance, and management benefits.
• Maritime VSAT satellite communication enables effective management of unmanned drilling operations, regardless of the remoteness of the location.

From exploration to production, reliable, durable and capable maritime internet communication is of paramount importance for the oil and gas industry. Satellite operators like Inmarsat and Intelsat are launching new HTS constellations targeted at the maritime sector, and to make VSAT service more economical. With increase in demand in the oil and gas industry along with other maritime sector, maritime VSAT service provider will continue to foster growth with further advancements in bandwidth efficiencies and network scalability.