Paramus, New Jersey, May 14, 2014 –Ceragon Networks Ltd., (NASDAQ: CRNT), the #1 wireless hauling specialist, today opened its new competence center in Bergen, Norway, which will be committed to boosting the company’s operations serving the Oil and Gas market. The center will spearhead Ceragon’s research, sales, support and strategic efforts to the market, as the company continues to expand its onshore and offshore capabilities and offering worldwide.
Ceragon’s wireless hauling solutions and turnkey project capabilities allow drilling and exploration companies to build and maintain high-speed communication links between control centers and offshore rigs and vessels, making integrated operations an affordable reality. For oil and gas firms, this means continued connectivity between onshore and offshore locations with much higher capacity and lower latency than satellite solutions and a far lower deployment cost than fiber cables.
Ceragon solutions for the Oil and Gas market include its range of high-power Evolution long-haul systems as well as the PointLink, a unique microwave antenna designed specifically for moving platforms, drilling rigs and floating production, storage, and offload ships (FPSOs). PointLink employs gyro-stabilized antennas which keep constant track and perfect alignment with their counterparts on offshore vessels and on land-based facilities.
“We are extremely proud to open the competence center in Bergen, and have high expectations from this outstanding and professional team,” said Ira Palti, Ceragon Network’s President and CEO. “We have a unique product offering for the market, of marine-grade microwave, while our Oil and Gas team brings a vast experience gained over decades of serving some of the largest players in the Oil and Gas market. We are confident that through the new center of competence we will bring more value to our existing customers and continue expanding our business around the world.”
“By establishing the new competence center for Oil and Gas in Norway, Ceragon reaffirms its commitment to this important market,” said Arild Fotland, head of Ceragon’s Oil and Gas division. “With Oil and Gas exploration expanding into deeper waters and with environmental and safety regulations heightening, onshore/offshore communications are more important and challenging than ever. The team in Bergen will continue to serve Ceragon’s large customer base in the North Sea, while increasing our footprint in other regions.”