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1999 News

The first Atlas II Centaur rocket ever to be launched from Vandenberg Air Force Base lifted off into sun-synchronous low earth orbit December 18 from a launch pad completely rebuilt by Bechtel to accommodate larger Atlas launch vehicles.

The Korea High Speed Rail Construction Authority (KHRC) officially inaugurated the testing of the new Korea High Speed Rail KTX (Korea Train Express) today.

Burullus Gas Company, a joint venture between BG International, Edison International SpA, and Egyptian General Petroleum Corporation, has awarded a contract valued at more than $50 million in its West Delta Deep Marine concession to a consortium of Bechtel and INTEC Engineering.

American Electric Power (NYSE: AEP), Bechtel Enterprises Holdings, Inc. and Siemens Power Transmission & Distribution, Inc. announced that they have formed a joint venture company to provide industrial power quality solutions and transmission network enhancements.

Bolt, Inc., one of the leading destinations for teens on the Internet, announced that the company has closed a significant strategic round of investment from a group including Time Warner, Comcast Interactive Corporation, Entercom Communications Corp., America Online, and Ford Motor Company.

Bechtel National, Inc. announced new responsibilities for the senior managers who head up its operations at U.S. Department of Energy (DOE) sites at Hanford in southeastern Washington and near Las Vegas, Nevada.

Marathon Ashland Petroleum LLC (MAP) has awarded Bechtel Corporation a lump-sum contract for the technology license, design, and construction of a 34,500-barrel-per-day delayed coker at its Garyville refinery in Louisiana.

Bechtel Enterprises Holdings, Inc. and Edison S.p.A. announced that they have finalized an agreement for Edison to acquire a 50 percent interest in International Water Limited (IWL), a major international water development services company owned by Bechtel Enterprises.

Bechtel Corporation announced that Robert W. Dove, Thomas F. Hash, John A. MacDonald, and Ronald F. Naventi have been elected senior vice presidents.

Bechtel Corporation is entering into a strategic alliance with EquinixSM, Inc. to carry out the largest expansion of Internet interconnection facilities ever contracted.

Cisco Systems, Inc., the worldwide leader in networking for the Internet, announced that it is joining forces with 10 leading companies, including technology and integration leader Bechtel Telecommunications, to drive open standards for broadband wireless Internet services.

Milestones taken from the October 1999 issue of Bechtel Briefs.

With the help of Bechtel´s project and construction management services, Tritel Communications, Inc. successfully launched today its Jackson, Mississippi, wireless telecommunications network.

Principal Vice President Craig D. Weaver has been appointed manager of marketing and business development for Bechtel National, Inc. (BNI), the high-technology government contracting arm of Bechtel Group, Inc.

The facility, known as Bechtel Park, will ultimately include 325,000 square feet of office space on Westview Drive.

InterGen—the international power generation and related energy infrastructure company jointly owned by Shell Generating Limited and Bechtel Enterprises Holdings, Inc.—announced that it has completed the debt financing for the Millmerran Power Project, an 840 megawatt coal-fired power plant and 3.6 million tons per year coal mine located near the town of Millmerran in the state of Queensland, Australia.

Bechtel Power Corporation and NAC International, Inc., jointly announced today the formation of a teaming agreement to provide services to nuclear utilities in the United States.

Thomas F. Hash, a leading industry figure in the government services market, has been appointed the new president of Bechtel National, Inc. (BNI), the high-technology government contracting arm of Bechtel Group, Inc.

In the latest in a series of assignments linked to the ending of the Cold War, Bechtel National, Inc. (BNI) has been awarded two new contracts by the U.S. Defense Threat Reduction Agency.

InterGen achieved financial close of the $480 million credit facilities for the Sidi Krir 3&4 power plant, a 685 megawatt natural gas-fired power complex.

Webvan Group, Inc., operator of the online grocery and drug megastore, www.webvan.com, today announced a strategic alliance with Bechtel to accelerate the national expansion of its e-commerce infrastructure.

Incepta LLC, a new breed of development, investment, and enterprise management firm, is poised to make its mark on the fast-growing telecommunications industry.

InterGen North America announced that Steve Weyel has been named as President of InterGen North America.

The U.S. Department of Energy announced today the selection of Bechtel B&W Idaho as the new management and operations contractor for the Idaho National Engineering and Environmental Laboratory located in Southeastern Idaho.

Leonard Berestov, an 18-year Bechtel veteran who currently heads up the company´s business integration activities in Ukraine, has been elected a full member of the prestigious Ukrainian Academy of Construction Science.

Mexico´s Comisión Federal de Electricidad (CFE) has announced that InterGen Aztec Energy VIII B.V., an affiliate of InterGen, has been awarded a contract for the El Sauz power project.

Bechtel Corporation announced that Scott Ogilvie has been elected a senior vice president.

Georganne Proctor has been elected to the board of directors of Bechtel Group, Inc.

Lee McIntire has been elected to the board of directors of Bechtel Group, Inc.

Bechtel Corporation announced today that Jack Futcher has been elected a senior vice president.

Bechtel National, Inc. (BNI) announced that it has reached an agreement with CBS Corporation to acquire two industrial divisions, formerly part of Westinghouse Electric Corporation, that provide supplies and technical services to the U.S. Navy´s Nuclear Propulsion Program.

Bechtel B&W Idaho announced that it has formalized an agreement with an alliance of major regional universities, making the alliance a partner on the Bechtel B&W team that is competing for the management and operations contract at the Idaho National Engineering and Environmental Laboratory.

Shell and Bechtel Enterprises announced that they have formed a new energy venture to pursue power generation in North America.

Viatel, Inc. was named Bechtel project manager for construction of the third ring of its Circe Pan-European Network.

San Jose-based Calpine Corporation [NYSE: CPN] and San Francisco-based Bechtel Enterprises announced plans to build, own, and operate a new energy center to be located in south San Jose.

PSG International, a global pipeline development company, has signed an agreement with the government of Turkmenistan to lead the development of the $2.5 billion TransCaspian pipeline project.

San Jose-based Calpine Corporation and San Francisco-based Bechtel Enterprises announced that the Application for Certification (AFC) for their joint development project, the Delta Energy Center, has met the California Energy Commission´s (CEC) data adequacy requirements.

Michael J. Mahoney, president and chief executive officer of Viatel, Inc., officially named Bechtel Telecommunications as project manager for construction of the second ring of its Circe Pan-European Network.

Alan Mawdsley, managing director of Bechtel Enterprises (BEn) in London, is being seconded to the UK government´s Treasury Taskforce for six months beginning in January 1999.

The president of the management board of Gdansk Transport Company S. A. (GTC), a consortium of Polish and international groups seeking to build one of the country´s first privatized tollroads, has been selected to join a high-level government task force in the United Kingdom to help structure new public-private financing vehicles.

Ahmad Alajaji, vice president of Saudi Arabian Bechtel Company, has been named manager of the global engineering-construction firm´s facility at Al Khobar.