Company Organization / Resources

FloaTEC, LLC is a 50:50 joint venture company created by McDermott and Keppel FELS to deliver deepwater floating production systems (FPS). The company boasts an unmatched portfolio of multiple FPS solutions for its clients, and offers a unique business model which gives operators maximum flexibility in how they contract for all or part of a deepwater FPS.

Effective Leadership Model

When it comes to Effective Leadership Model, Eric H. Namtvedt, President of FloaTEC, LLC, believes in a core team organizational structure. Harvard Business School states that leaders account for up to 41% of a company's profitability. FloaTEC, LLC realizes that achieving competitive advantage and delivering on our goals is heavily dependent on investment in its leadership. “To achieve superior performance, we need to align our team organizational culture with our overall business strategy,” says Eric. He adds, “We have gathered a core team of industry experts with complimentary skills and cross functionalities, who will deliver value to our clients from their individual experiences paired with FloaTEC, LLC’s unique ability to provide access to resources and capacities within our JV Parents’ organizations”. The high caliber of individuals who have chosen to join FloaTEC, LLC is a good indication of how persuasive the concept of delivering unbiased floating production system solutions is, and how competitive in the deepwater marketplace the team will be. Our leaders have the ability to create vision, capture the hearts and minds of people, communicate in a powerful and persuasive way, balance the need for results with the need to inspire and energize people.

FloaTEC, LLC’s core team comprises familiar faces in the industry, enabling the company to immediately deliver on its vision to be the global leader in floating production systems, providing value through our proven and innovative solutions – from concept to delivery!

Leadership Team

Leadership Team

Eric H. Namtvedt, President, has worked for a major oil company, the Norwegian government, a global E&C contractor and an oilfield service and fabrication company, leading projects ranging geographically from the USA to West Africa, Southeast Asia, the North Sea and Australia. Eric has overall responsibility for the direction of the company, interfacing with the Board of Managers representing the owners.  He is ultimately responsible for client relationships and project deliveries, and will provide focus and guidance to all team members.

Michael W. Templin, Director – Business Acquisition, is responsible for client account management and new business opportunities focused on client business drivers and client key issues for success.  His background includes Commercial, Business Development, and Project experience within two major EPCI companies in his 20 year career. 

Werner A. Bornstein, Director – Operations Brazil, has held similar positions at ABB and Fluor. He is responsible for the engineering, procurement and subcontracts, and project execution functions within the company.

Harvey McBee, Director – Operations Houston, has over 33 years of experience in the offshore oil and gas industry with 25 years in the deepwater floating production sector.  Harvey has over 20 years of experience with project and resource management for all phases of engineering projects for many types of deepwater platforms.  He brings technical and commercial management and project execution skills as well as resource development and management skills to FloaTEC’s Leadership Team.

T K Das, Director – Commercial, Contracts and Admin, is responsible for Commercial & Contracts, Finance & Accounting, Human Resource & Project Services functions for FloaTEC.  He has more than 20 years of Commercial, Business Development, and Project Execution experience in the oil & gas industry in the Gulf of Mexico, Asia-Pacific and Brazil.

Fred B. Plummer, Director – Execution Excellence, retired from ExxonMobil as Marine Manager Engineering for ExxonMobil Development Company.  Fred has a broad portfolio that focuses on Execution Planning, major proposals, Company work processes, and achieving excellence in the total quality management of our products.  Fred’s background is large international projects.

Edmund Muehlner, Director – Technology Development, joined the company in 2008 and is responsible for managing the company’s technology and intellectual property. His career spans more than 20 years serving in various project engineering functions and has involved all aspects of floating system design. Edmund is a graduate of the University of Technology in Vienna, Austria, and holds a Ph.D. in Mechanical Engineering.

Malcolm Taylor, Project Director, has more than 35 years of experience in the oil & gas industry managing the design, procurement, fabrication, and installation of fixed and floating offshore structures, mainly in deepwater areas worldwide.  He was Project Manager at Technip for the BP Holstein Spar Hull & Moorings, and has expertise in performing cost studies, capital cost development and execution planning for EPCI projects for Spars, TLPs & Semisubmersible platforms.

Terry Wheeler, Finance & Accounting Manager, is responsible for Financial Services within the company. More than 25 years of experience in Finance, Control, Accounting, Cost & Risk Management in the Oil & Gas Engineering and Construction business.  Some of her recent past positions include Financial Controller, Controller of Projects, Manager of Accounting, etc.

Functional Team

FloaTEC, LLC has substantially completed the formation of its functional team comprised of five divisions:  Research & Development, Global Configurations, Hull Mooring & Marine Systems, Risers & Control Lines, and Product Solutions & Delivery Models.

Board of Managers

FloaTEC, LLC Board of Managers is comprised of executives from its two parent companies:

Keppel FELS Members

1. Yew Yuen (YY) Chow -Chief Operating Officer, Keppel Offshore & Marine
2. Kok Seng Wong - Managing Director, Keppel FELS Limited
3. Aziz Amirali Merchant - Executive Director of Keppel FELS (Engineering), DTG and KomTech (Deepwater Technology)
4. Ching Chuan (CC) Lai -Senior General Manager (Corporate Development) for Keppel Offshore & Marine Limited
5. Michael Chia - Managing Director (Technology), Keppel Offshore & Marine Limited
   Director (Group Strategy & Development), Keppel Corporation Limited
   

McDermott Members

1. William L. "Bill" Soester, Vice President of World Wide Engineering
2. Steven W. Roll, Vice President & General Manager
3. Scott Cummins - Senior Vice President & General Manager - Asia Pacific
4. Brian Sherry - Director of Business Acquisition and Strategy, Asia Pacific
   

| Copyright © FloaTEC, LLC 2010