Ceragon clinches 5-year deal with Statoil
- Business & Finance
Norwegian Statoil has awarded Ceragon Networks, a wireless backhaul specialist, a five-year frame agreement, with an option to extend for five consecutive two-year periods.
Most recently, Statoil has placed orders for Ceragon’s IP-20 platform.
Ceragon says it offers Statoil an end-to-end solution for offshore wireless communications. According to Ceragon, its PointLink solution’s performance has been used by Statoil to build broadband connectivity in the North Sea for over four decades.
“We value our continued business relationship with Statoil,” said Ira Palti, president and CEO of Ceragon.
“Customer requirements in the North Sea are like no others on earth, demanding the safest, most rugged solution. Our stabilized, ATEX-certified microwave systems were designed to withstand operations in the toughest environments – making Ceragon uniquely qualified to provide uninterrupted connectivity to oil & gas operators.”