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August 5, 2005

Shell and Bechtel Complete Sale of Intergen

In addition and separate to this transaction, Shell had previously advised that InterGen's assets in the United States, Colombia, and Turkey would be retained pending further review. Within the past week, an agreement has been reached to divest the US...

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July 25, 2005

Bechtel to Build Aluminum Smelter in Oman

Bechtel will provide engineering, procurement, construction, and project management for the smelter, which will have a capacity of 325,000 tonnes of aluminum per year.  Sohar Aluminium is a joint venture of Oman Oil Company and Abu Dhabi Water and Electricity...

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July 18, 2005

Bechtel Lands ABU Dhabi Gas Project

Located in the United Arab Emirates, the plant will be designed to treat nearly 23 million cubic meters of natural gas and produce 6,400 tonnes of natural gas liquids per day. Bechtel will perform engineering, procurement, construction, and commissioning work....

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July 12, 2005

Statement by Bechtel on Dabhol Settlement

In exchange for $160 million in compensation for its equity and contractor claims, Bechtel agreed to forgo international arbitration over the expropriation of its investment. A portion of this financial settlement was subject to Indian taxation. Bechtel took steps to...

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July 7, 2005

Bechtel Telecommunications Honored for Innovation Six Sigma Project

Bechtel's VST enables integration of the Site Acquisition and Network Planning activities for network deployment, to quickly and cost effectively make accurate site selections from a desktop environment. Testing of the initial version on a complex rail network coverage project...

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June 6, 2005

Bechtel CIO Shares Global Communications Nightmare at Supercomm 2005

Building telecommunications on a global basis can be a nightmare — just ask Geir Ramleth, senior VP and CIO at Bechtel, the $17.4 billion-a-year engineering and construction company. At this morning's opening keynote address at the Supercomm 2005 conference in...

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May 31, 2005

Bechtel Wins Court Order to Seize Indian Assets

U.S. District Judge Lewis Kaplan, sitting in the Southern District of New York, signed the order directing the attachment of assets held by Maharashtra Power Development Corporation Ltd., which holds a 14.16 percent share in Dabhol Power Corp. General Electric...

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May 23, 2005

Washington Closure Wins Hanford River Corridor Cleanup Contract

The River Corridor Closure Contract, valued by DOE at an estimated $1.9 billion over the next seven years, was awarded to Washington Closure, a limited liability company owned by Washington Group International, Bechtel National, and CH2M Hill. Included in the...

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April 19, 2005

Shell and Bechtel Agree to $1.75 Billion Sale of Intergen

Excluded from the sale are InterGen's assets in the United States, Colombia, and Turkey, which will be reorganised prior to financial closing and retained by Shell and Bechtel pending further review. The transaction is expected to close mid-2005 and is...

Read more of: Shell and Bechtel Agree to $1.75 Billion Sale of Intergen