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About INTEC: INTEC History
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_ INTEC History

INTEC Engineering was founded in 1984 by W. J. Timmermans, J. Gillespie, A. R. Schultz, and D. S. McKeehan with participation and financial backing of a Finnish shipbuilding company.

After a successful start, INTEC suffered with the rest of the oil industry, when in early 1986 the price of crude oil dropped from $35 to $10 per barrel. As a result of a sustained international business development effort and after several lean years, the company started growing again in 1988. INTEC was awarded contracts in Malaysia, Argentina and Brazil, followed in 1989 by even larger projects in Canada and Taiwan. Thus, a period of growth started which continues to this day. In 1993, the INTEC office in Kuala Lumpur, Malaysia, was established to better serve our Clients in the Far East and Southeast Asia. In 1996 the INTEC office in Delft, The Netherlands, got its start, focusing on markets in Europe, Middle East and Africa. In 1999 INTEC opened an office in Buenos Aires to support several large ongoing Latin American onshore pipeline and facilities projects and to pursue and support future Latin American opportunities.

In December 2000, INTEC was acquired by the Heerema Group, and became the fourth operating division, completely equal to and independent of the other divisions, retaining its own management and supervisory board. This independent status allows INTEC the autonomy to continue providing its unbiased engineering services to the energy industry worldwide.

In September 2001, INTEC acquired ARCAN Ingenieria y Construcciones (ARCAN) to integrate and leverage joint capabilities and build on previous success in all the engineering aspects of onshore facilities and pipelines, and to pursue Engineering and project management work in the entire South American continent. ARCAN's staff of over 100 employees with offices in Buenos Aires, Argentina; Santiago, Chile; and Santa Cruz, Bolivia is now a part of the INTEC Latin American operation.

In December 2001, INTEC opened office in Brazil, where activities actually started in January 2003 when a strategic plan was put forward to increase INTEC operations in the country.

In January 2002, INTEC acquired Fuel Engineering in the U.K. With the integration of INTEC's existing activities in the U.K., this provided an INTEC base near London, and the headquarters for the Europe, Africa and Middle East Region.

In June 2002 INTEC opened an office in Perth as part of the Asia Pacific regional operation, providing engineering and project management services to the local oil and gas industry.

In April 2003 INTEC Engineering Launches LNG Business Unti. Building on its proven track record in the marine industry. INTEC Engineering now provides LNG services to support operators int he offshore development of LNG Services.

December 2003 Willem J. Timmermans retires. Effective January 1, 2004, Willem J. Timmermans, president and Chief Executive Officer of INTEC Engineering will retire and pass baton of excellence to John. B. Reed.

In August 2004 INTEC Engineering announces the sale of its subsidiary ARCAN effective 1 August 2005. Originally acquired in 2003, ARCAN Engineering and Construction in Argentina, Chile and Bolivia has focused on provide onshore engineering and EPC services to local clients. This divestiture enables INTEC management to focus on our high value core skills in offshore engineering and deepwater specialties. INTEC's ongoing operations in Brazil and Mexico are unaffected by the sale of ARCAN and they remain an important part of the INTEC's expansion to serve our clients that require upstream engineering in the offshore and deepwater areas.

 

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