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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.
Under the FloaTEC, LLC umbrella, the joint venture boasts an unmatched portfolio of three floating production
solutions for its clients, represented by their brand names - SparTEC® SemiTEC™ and TlpTEC™.
FloaTEC, LLC's objectivity relative to floating production platform concepts - along with the worldwide experience
and support from the JRM and KFELS organizations - means the company is ideally suited to participate in front
end study and technical feasibility work. FloaTEC, LLC (FloaTEC stands for
"Floating Technology, Engineering, and Construction"),
offers a unique business model which gives the operator maximum flexibility in how they contract for all or part of an
entire package of a deepwater FPS. The company was formed specifically to provide unbiased and concept-neutral engineering
to support the industry. FloaTEC, LLC is unique in that it is the only company that can offer and deliver a suite
of three distinctly different hull forms (TLP, Spar, and Semi), including moorings and risers from technical
feasibility work to delivery of an EPC contract.
Contact Information:
FloaTEC
14701 St. Mary's Lane, Suite 250
Houston, Texas 77079
USA
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One of the distinctions of the Spar is that its center of gravity is always lower than the center of buoyancy which guarantees a positive GM.
The main principal of the TLP is to assure that the vertical forces acting on the platform are in balance, i.e. fixed and variable platform loads plus tendon tension are equal to its displacement.
Semi units offer a number of benefits, including large payload capacity, limited sensitivity to water depth, quayside integration, and the ability to relocate after field abandonment.
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