Company Organization / Resources

FloaTEC, LLC is a 50:50 joint venture company created by J. Ray 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.

Marcus A. Smedley, Director Business Acquisition, is responsible for global sales management, prospect identification and development, client relationship management/development, marketing, and branding.  Previously, Marcus was the VP of Engineering for Wood Group Pressure Control and the Marketing and Business Development Manager for Subsea Systems at FMC Technologies Inc. Marcus has extensive experience with TLP and Spar well systems, as he has worked on over 17 projects in his career

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

Tapan K. Das, Director-Commercial, Contracts and Admin, is responsible for providing Commercial, Contractual, Project Controls,
Financial and Administrative services within the company.

John J. Murray, Director Technology Development, previously Product Development Manager with Technip, is responsible for technology development, along with development and maintenance of tools, systems and procedures to support projects and R&D work. John manages all the development efforts and the associated teams.

Edward Huang, Director-Engineering, has over 30 years' experience in the offshore/ocean engineering fields. Edward has held roles as a lead project engineer as well as manager positions for the detail design of TLPs, semi-submersibles and spars. He maintains a strong and broad technical background in the global performance analysis for offshore floaters, single and multi-body system analyses, global tendon fatigue, dry transportation, platform installation analysis and installation site support, software development, and model testing.

Fred B. Plummer, Director Execution Excellence, retired from ExxonMobil as Marine Manager Engineering for ExxonMobil Development Company, focuses on Execution Excellence and ensure total quality management in project deliveries.  Fred’s background is large international offshore projects.

Malcolm Taylor, Project Director, has over 33 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.

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’s Board of Managers is comprised of eight executives, four each from its two parent companies:

Keppel FELS Members

1. Michael Chia, Executive Director of Keppel FELS
2. Chow Yew Yuen, President, Keppel Offshore & Marine (USA)
3. Lai Ching Chuan, General Manager Corporate Development, Keppel Offshore & Marine
4. Aziz Merchant, General Manager Group Design & Engineering, General Manager Deepwater Technology Group, Keppel Offshore & Marine

J. Ray McDermott Members

1. William R. "Bill" Robinson, Senior Vice President Sales, Marketing and Strategic Planning
2. William L. "Bill" Soester, Vice President Worldwide Engineering
3. Steven W. Roll, Vice President and General Manager, Asia Pacific
4. David Roquemore, Sr Vice President Operations
   

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FloaTEC, LLC Board of Members - from left to right: Aziz Merchant (Keppel), David P Roquemore (J. Ray McDermott), Michael Chia (Keppel), Bill R. Robinson (J. Ray McDermott), Eric H Namtvedt (FloaTEC), YY Chow (Keppel), Steven Roll (J. Ray McDermott), CC Lai (Keppel), Bill Soester (J. Ray McDermott)

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