Milestones Q3 2000

• Bechtel Enterprises assisted with the September launch of an infrastructure-oriented global business Internet portal. InfrastructureWorld provides users access to investors, contractors, and other providers of infrastructure-related services worldwide. The company expects government and commercial sponsors, international banks, insurance firms, developers, and equipment suppliers to use the site. Users can also take advantage of project management and other on-line tools to facilitate faster and more cost-effective development and construction.
• Bechtel will perform front-end engineering design for a liquefied natural gas plant under an agreement with Pertamina, Indonesia's national oil company, and ARCO. The Tangguh LNG facility will process natural gas from three remote fields, which together comprise one of the largest gas deposits in the Asia Pacific region. The design will employ the Phillips Optimized Cascade™ process. Bechtel formed an alliance with Phillips in 1996 to market this proprietary technology, which uses propane, ethylene, and methane to cool and compress natural gas into a liquid state for shipping.
• Bechtel is performing engineering and construction management for broadband services provider FiberNet, installing fiber-optic cable in about 75 high-rise, high-density office buildings in New York, Chicago, San Francisco, and Boston. Engineering is under way or nearly complete in most of the buildings, with installation ongoing in New York and Chicago. FiberNet may add buildings in other cities to expand the open-ended contract.
• The Bechtel-led consortium assisting Ukrainian utility Energoatom at the damaged Chornobyl nuclear plant achieved four significant milestones this year. In May, project staff identified short-term stabilization goals and access requirements to enclose Chornobyl's radioactive core. By year-end, the team also will have defined an approach to stabilizing the shelter's roof, developed a strategy for dealing with fuel-containing material, and selected a conceptual design for a new confinement structure.
• A new Bechtel Enterprises affiliate has been formed to help governments worldwide develop, operate, and manage privatized airport infrastructure projects. Alterra Partners offers equity investment, financing, development, and operations expertise to improve airport operations and revenues. Alterra is based in London, with offices in San Francisco, Singapore, and
  Mexico City.
• The American Society of Civil Engineers has awarded Bechtel's James van Hoften its Presidents' Award for distinguished service for 2000. Van Hoften joined Bechtel in 1986 from the National Aeronautics and Space Administration, where, in 1984, he became the first civil engineer to fly on the space shuttle. He is currently leading Bechtel's project team on the New Scottish Air Traffic Control Centre in Prestwick, Scotland.
• Bechtel Enterprises affiliate International Water Ltd., as part of a consortium called Catchment, has been named as preferred bidder for a 30-year build, own, and operate wastewater project on Scotland's northeast Moray Coast. A Bechtel-led joint venture that has built two other projects for the customer, North of Scotland Water Authority, is performing detailed design under an advance contract.
• Stephen Bechtel Jr. has received the Distinguished Constructor Award from the American Society of Civil Engineers. The award is presented annually to those considered "the most influential and innovative leaders of our time." The society called Bechtel a "master builder and developer of advanced management techniques for world-class industrial projects."
• The San Francisco Public Utilities Commission has awarded a four-year contract to a joint venture led by Bechtel Infrastructure to help manage repairs and seismic upgrades to the city's Hetch Hetchy water and wastewater system. The system stretches about 240 kilometers from Yosemite National Park to the Bay Area and serves 2.4 million customers nearly a billion liters of water per day. The project is expected to cost about $3 billion and take 10 years to complete.
• The Idaho National Engineering and Environmental Laboratory is the first U.S. Department of Energy site to have all of its facilities and programs pass inspection by an independent team of safety management experts. The milestone was achieved after a three-year effort to improve safe work practices. Bechtel BWXT Idaho manages the laboratory.
• September 24 marked the 100th anniversary of Stephen D. Bechtel Sr.'s birthday. As the son of Bechtel founder Warren A. Bechtel, Steve Sr. spent much of his childhood on construction projects. In 1925, he was named vice president of the company, then president in 1933, upon his father's death. He would head the company until 1960. Stephen Bechtel Sr.'s accomplishments have been recognized worldwide. He was named one of Time magazine's 20 most influential "Builders and Titans" of the 20th century. Fortune magazine placed his name among other industrial giants in its Hall of Fame of business leadership, calling him "the boldest and maybe the biggest builder in the world." Steve Sr. died in 1989.
• Alliance Bechtel Linde has been awarded additional work for engineering, procurement, construction, and start-up of an export facility at the Borouge Petrochemicals Complex in Ruwais, Abu Dhabi. The alliance has been at the site since 1999 constructing an ethylene plant for Abu Dhabi Polymers Co. Ltd.
• Bechtel Water has been selected by its customer North West Water as its top business partner in the WaterAid corporate awards. The award in question recognizes the long-standing partnership between the two companies, and Bechtel's support of WaterAid, a charity that helps people in developing countries access clean, safe drinking water.
• The U.S. Department of Energy has awarded a five-year, $2.3 billion contract to BWXT Y-12, a joint venture that includes Bechtel, to manage and operate one of its key nuclear facilities in Oak Ridge, Tennessee. The Y-12 plant is involved in manufacturing nuclear weapons components as well as processing and storing highly enriched uranium. Over the past 20 years, Bechtel has been involved at the Oak Ridge facility in many roles.
• One of Bechtel's long-standing project safety records was shattered this year. Workers at the Onshore Gas Development Phase 2--a gas-processing facility where Bechtel has worked since 1998--topped 27 million consecutive job hours without a lost-time accident. The company's previous record of nearly 18 million safe hours was achieved at the Onshore Gas Development Phase 1 project, at the same site. The customer is Abu Dhabi Gas Company. The project is a joint venture of Technip and Bechtel.
• For the third time in three years, Bechtel has been recognized for project execution excellence in Queensland, Australia. The Australian Institution of Engineers has presented its 2000 Engineering Excellence Award to Bechtel for its project management at the Pasminco Century mine and ore processing facilities. The award singles out projects for achievements in environmental sustainability. Bechtel completed its work at three remote job sites in December 1999, with minimal impact on the environment and strong local support.
• Recently announced senior leadership changes at Bechtel include the following: Bob Baxter becomes president of Bechtel's Asia Pacific region, based in Singapore; Bill Dudley becomes president of Bechtel's petroleum and chemicals business, based in Houston; Jim Reinsch becomes president of the nuclear power business, based in Frederick, Maryland; Ted Kyzer will head Bechtel's global rail, water, and aviation businesses out of London; Lyndsey Holbrook, president of Bechtel's water unit, remains in London; and Scott Ogilvie, president of Bechtel's power unit, remains in Frederick.
• Bechtel's Petroleum & Chemical general manager for Europe, Africa, the Middle East, and Southwest Asia, Bip Desai, has been named a senior vice president of Bechtel Corporation. Desai joined Bechtel in 1984. He has served as a project director on key refinery jobs, and as general manager of Bechtel's Al Khobar office in Saudi Arabia.
• Bechtel's senior regional executive in Latin America, Dennis Connell, has been named a senior vice president of Bechtel Corporation. Connell first joined the company in 1973, then left in 1981 for 15 years. Prior to rejoining Bechtel, he was vice president of engineering and construction for Kennecott Corporation.
• The manager of Bechtel's Frederick, Maryland, Execution Unit, Carl Rau, has been named a senior vice president of Bechtel Corporation. Prior to becoming manager of that unit in February 2000, Rau was Bechtel's corporate manager of construction, and president of Bechtel Construction. His 30-year Bechtel career includes numerous construction and operations management assignments on power and petroleum projects worldwide.
• Jack Sheehan, Bechtel's manager of execution and strategy for the region that includes Europe, Africa, the Middle East, and Southwest Asia, has been named a senior vice president of Bechtel Corporation. Effective January 1, 2001, Sheehan also becomes president for that region. Sheehan joined Bechtel in 1998 after 35 years in the U.S. Marine Corps, where he achieved the rank of four-star general and served as NATO's Supreme Allied Commander Atlantic, and commander in chief U.S. Atlantic Command.
• Bechtel Power's general manager for Europe, Africa, the Middle East, and Southwest Asia, David Walker, has been named a senior vice president of Bechtel Corporation. Walker, who joined Bechtel in 1971, has held key roles in the power business and was Bechtel's general manager for Latin America before his current assignment.