INTEC Names Edward M. Smith CEO

Heerema Holding and the Supervisory Board of INTEC Engineering have named Mr. Edward M. Smith Chief Executive Officer of INTEC Engineering. Mr. Smith replaced Mr. Bruce Crager effective October 22, 2007.

Mr. Smithís career includes an impressive 35 year track record in operator, contractor, and developer roles in both new technology and pipelines. He has led a number of complex pipeline projects and operations including the Trans Alaska Pipeline System and multinational developments such as the Russian/Kazakh Caspian Pipeline Consortium (CPC) and the TransCaspian Gas Pipeline project. More recently, Mr. Smith successfully applied his leadership and organizational skills through a broad spectrum of nation building, development and reconstruction activities for and in Afghanistan as a senior diplomat in the US Department of State. A substantial portion of Mr. Smithís career has been in international assignments.

"We see Mr. Smith as an excellent CEO and team worker who brings a clear vision and strong leadership to maintain INTECís unique position in the industry," said Jim Gillespie, Supervisory Board member and co-founder of INTEC Engineering.

Mr. Smith holds a BS in Chemical Engineering from Illinois Institute of Technology and an MBA from Northwestern University. Ed and Marlene Smith will reside in Houston, Texas.

INTEC is a leading engineering and project management company serving the international oil and gas industry with over 500 employees and offices in Houston, London, Delft, Kuala Lumpur, Perth, Rio de Janeiro, Lagos and Mexico City. Its technical disciplines include offshore field development, offshore pipelines, marine production risers, subsea systems, and flow assurance and operability. INTEC is a Heerema Group company.


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