In the late 1960's, Exxon, utilizing a New York based engineering company (Van Houten Associates), developed a Single Point Mooring concept known as a Single Anchor Leg Mooring (SALM) and installed two systems in Libya and Okinawa.
In 1972, Exxon offered to licensee the technology to interested contractors. A gentleman named Ben Gross (longtime experience in the valve business) enlisted the support of Van Houten Associates as an outside engineering company, negotiated a License Agreement with Exxon and established SOFEC (Specialized Offshore Facilities and Engineered Components) and began active operations.
Formed to serve the requirements of the Offshore Oil Industry by providing facilities for mooring and loading/offloading tankers, SOFEC performed its first contract in 1973-74 designing, fabricating and installing the world's deepest (at the time) tanker loading facility for Esso Malaysia in the South China Sea.
In 1983, Vickers PLC acquired SOFEC. On January 19, 1988, a management group headed by SOFEC's president, Bill Kiely purchased the company from Vickers PLC. Kiely and five other management personnel completed the buy-out with financial support from PacifiCorp. Credit Inc. of Portland, Oregon.
Since that time, SOFEC has completed over 100 projects in most areas of the world and has developed a sophisticated technology base which has expanded SOFEC's market place from import/export terminals, to include advanced permanent mooring stations for floating production and storage facilities and a significant presence in the U.S. Military market.
The Key Personnel who were involved during SOFEC's initial years, and those who have joined the company in the intervening period are still and continue to be associated with SOFEC. The first class team has allowed the company to develop over the years to become a global leader in providing turnkey state-of-the-art Single Point Mooring systems to customers worldwide.
SOFEC's technology, while largely developed around the requirements for tanker mooring facilities, includes excellent capabilities for the prediction of loads and motions on floating structures and the ability to successfully design and construct specialty equipment to meet an increasing variety of applications.
SOFEC's engineers are expert in the development of environmental forces, hydrodynamic analysis, structural dynamics, geotechnical analysis and the design of structural, mechanical and hydraulic systems. In addition to these classical engineering capabilities, SOFEC's staff is skilled in the practical requirements imposed by the fabrication and assembly of large structural components and heavy, precision machined weldments, and the transportation, installation, testing and maintenance of these systems in the ocean environment.
In December 2006, MODEC Inc. acquired SOFEC to enable MODEC to strengthen its competitiveness in the FPSO industry by ensuring ongoing access to SOFEC's patented turret and mooring technologies for MODEC's FPSO and FSO construction business.