- In March 2025, Honeywell launched its new Sentinel Oilfield Communications System, a high-performance communication network designed specifically for remote oil and gas operations. The product integrates satellite communication and cloud based monitoring to provide real-time data on equipment performance, safety, and environmental conditions. This launch aims to enhance operational efficiency, reduce downtime, and improve safety across offshore and onshore oilfields, responding to the increasing demand for reliable communication solutions in harsh environments.
- In February 2025, Inmarsat, a global satellite communication provider, entered into a strategic partnership with Petrofac, a leading oilfield services company, to deliver advanced communication solutions for remote oilfield operations. The collaboration focuses on deploying Inmarsat's Global Xpress (GX) network to enable high speed, secure communications in offshore and onshore oilfields. This partnership is aimed at improving real-time collaboration, asset management, and operational efficiency for Petrofac’s oil and gas projects.
- In January 2025, Schneider Electric and Halliburton announced a collaboration to integrate their technologies for smart oilfield communications. The partnership will see the deployment of Schneider’s EcoStruxure platform and Halliburton’s Digital Well Program to provide enhanced connectivity, data analytics, and automation for oil and gas operations. The goal of the partnership is to increase operational efficiency, reduce costs, and enhance safety in oilfields through better communication and data integration.
- In November 2024, Schlumberger launched its Edge Computing for Oilfield Operations solution, an innovative approach to oilfield communications that enables on site data processing and analytics. This product is designed to address the growing demand for real-time decision making in remote locations by allowing operators to process data at the edge of the network, reducing latency and improving communication reliability. The solution is expected to revolutionize how oil and gas companies manage operations, especially in remote and offshore areas.
- In October 2024, Speedcast acquired Satcom Global, a provider of satellite communications services, for USD 400 million. This acquisition allows Speedcast to strengthen its position in the oil and gas sector by enhancing its satellite communication capabilities for offshore and remote oilfield operations. By integrating Satcom Global’s expertise, Speedcast aims to offer more reliable, secure, and cost-effective communication solutions, ensuring real-time data transfer and connectivity in challenging environments. The acquisition is expected to broaden Speedcast's service offerings and improve its competitive edge in the oilfield communications market.
