iDirect Satellite Communications Platform Selected By China’s Crosssat Telecom Technology Co. Ltd To Provide IP Broadband Services To Oil And Gas Industry
iDirect Inc. (iDirect), a company of Vision Technologies Systems Inc. (VT Systems), today announced a contract win valued at around US$500,000 from CrossSat Telecom Technology Co. Ltd. (CrossSat), a major independent oil and gas exploration group based in China. CrossSat has purchased an iDirect iNFINITI universal 5IF satellite hub and 60 iDirect remote satellite routers to create a global IP network supporting both Ku and C satellite bands.
CrossSat will provide satellite connectivity to multiple Chinese oil and gas companies, whose operations span China, the Middle East, Europe and Africa. The CrossSat network will support seismic exploration and drilling applications on both terrestrial and offshore drilling platforms. Initial customers include the China National Petroleum Corp. (CNPC), the nation’s largest oil and gas company.
The contract increases iDirect’s presence in China and bolsters its position as a leader in the oil and gas industry worldwide.
“With iDirect’s technology, CrossSat can leverage a single platform to connect to multiple satellites and support any satellite band. This greatly expands the market that we can serve and enables us to meet the diverse needs of the oil and gas industry in China and around the world.”
~ YU Sun
Chief Executive Officer, CrossSat
“With rising demand for satellite bandwidth checked by limited capacity, network operators require satellite solutions that deliver increased data throughput and maximize their technology investments. We are pleased that CrossSat chose iDirect’s satellite platform as a strategic investment to expand its business opportunities while minimizing its operational costs.”
~ Andrew BOND-WEBSTER
Regional Vice President and Managing Director, Asia, iDirect
This contract represents iDirect’s second major hub installation in China. Last month, it announced a contract with PetroChina’s Bureau of Geophysics (BGP) Oil/Gas Exploration Group, a division of CNPC. iDirect is currently the satellite platform of choice in the global oil and gas industry. These two recent contracts indicate that network operators in oil and gas market in China are recognizing and adopting iDirect’s technology.
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