Chairman And Ceo Of Bechtel Group, Inc. Receives Honorary Fellow Status With National Engineering So

Chairman And Ceo Of Bechtel Group, Inc. Receives Honorary Fellow Status With National Engineering So

28 April 2001

 Riley P. Bechtel, chairman, CEO and a director of Bechtel Group, Inc., today was bestowed with an Honorary Fellowship from the American Society of Civil Engineers (ASCE). Presented at the second annual Outstanding Projects and Leaders (OPAL) award gala, the honor recognizes Bechtel for his dedication to excellence in engineering and construction. The Bechtel organization, which was founded more than 100 years ago, is one of the world’s leading engineering, construction, and project management firms.

Bechtel Moving Arizona Operation To Glendale

Bechtel Moving Arizona Operation To Glendale

26 April 2001

Bechtel will relocate administrative operations from Phoenix to the Phoenix suburb of Glendale, the company said this week.The new office, at the Talavi Business Park, will employ some 300 people in accounting, human resources and computer systems operations. Over time, Bechtel expects to add up to 200 additional administrative employees in Glendale.

Changi Takes Stake In Alterra Partners

Changi Takes Stake In Alterra Partners

25 April 2001

At the Airports Council International annual Pacific Regional Assembly and Conference, Alterra Partners, LLC. announced that Singapore Changi Airport Enterprise Pte Ltd. (SCAE) has taken a 50% stake in their airport development and investment company. SCAE is a wholly owned subsidiary of the Civil Aviation Authority of Singapore, which is responsible for the development and operation of Singapore Changi Airport. Bechtel Enterprises Holdings, Inc, a global leader in the development, financing and ownership of infrastructure projects and companies, will retain the remaining ownership interest in Alterra.

CEC Announces Approval Of Intergen's Wildflower Project

CEC Announces Approval Of Intergen's Wildflower Project

04 April 2001

The California Energy Commission (CEC) today announced approval of InterGen's Wildflower Energy Project - two natural gas-fired generating plants that together will produce 225 megawatts of power for the California market by July of 2001. The 90-megawatt Larkspur Energy Facility will be located in the San Diego area and the 135-megawatt Indigo Energy Facility will be located in Palm Springs. InterGen is a venture of Bechtel and Shell.

Incepta Partners Invests In Telecom Asset Tracking Leader Fulcrum Technologies

Incepta Partners Invests In Telecom Asset Tracking Leader Fulcrum Technologies

03 April 2001

Fulcrum Technologies, the telecom industry leader in asset tracking and materials management software solutions, today announced that Incepta Partners, a venture fund sponsored by Bechtel Enterprises that focuses on telecommunications investments, has invested $4.5 million in the company.Fulcrum Technologies' phenomenal growth and specialization in the telecommunications market attracted Incepta Partners, which concentrates on telecom infrastructure companies. Despite the recent downturn in the high-tech market, Fulcrum Technologies continues to gain momentum and prosper because of its unique specialization in helping telecommunications companies manage network assets. Fulcrum's clients include Qwest, Verizon, Alltel, BellSouth Mobility (now Cingular), XM Radio and more than 20 other telecom service providers.

Intergen Announces Brazilian Power Project

Intergen Announces Brazilian Power Project

28 March 2001

InterGen, a Bechtel-Shell venture, today announced the execution of a Power Purchase Agreement (PPA) with the Brazilian utility Companhia Paulista de Forca e Luz for the development of Carioba II, a 945 MW gas-fired combined cycle generation facility to be located within the municipality of Americana, in the state of Sao Paulo.The PPA was marked yesterday by a signing ceremony witnessed by various senior Brazilian State and Federal Officials: Afonso Henriques, National Secretary of Energy representing the Minister; Mario Santos, President of National System Operator; Mauro Arce, Secretary of Energy for the State of Sao Paulo. Carioba II is the first of Brazilian Ministry of Mines and Energy classified priority thermal projects to execute a PPA. The Carioba II PPA is also the largest power purchase contract ever executed between private parties in Brazil.

Bechtel/sinopec Engineering, Inc./foster Wheeler Consortium Awarded China Petrochemical Contract

Bechtel/sinopec Engineering, Inc./foster Wheeler Consortium Awarded China Petrochemical Contract

15 March 2001

A consortium of Bechtel Petroleum & Chemical of the United States, Sinopec Engineering, Inc. (SEI), of China, and Foster Wheeler Energy Limited of the UK (BSF) said today that it is very pleased to have been awarded a project management contract to support a major petrochemical complex in southern China.The contract was awarded by CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture of Shell Nanhai BV with 50 per cent shareholding and CNOOC Petrochemicals Investment Limited (CPIL), also with 50 per cent. CPIL is owned by CNOOC (90%) and the Guangdong Investment & Development Company (10%).

Cspc Nanhai Petrochemical Complex Awarded To Bechtel-led Joint Venture

Cspc Nanhai Petrochemical Complex Awarded To Bechtel-led Joint Venture

01 March 2001

A joint venture led by Bechtel was awarded a contract by CNOOC and Shell Petrochemicals Company Ltd. for the CSPC Nanhai petrochemical complex at Huizhou, in southern China's Guandong province. The $4.05 billion, 800,000-ton-per-year ethylene-based project consists of 11 chemical plants and associated services. Completion in scheduled for late 2005. The joint venture also includes Foster Wheeler Energy Ltd. and Sinopec Engineering Inc.

Bechtel Begins Engineering And Program Management For The Bay Area Rapid Transit District´s 39-stati

Bechtel Begins Engineering And Program Management For The Bay Area Rapid Transit District´s 39-stati

01 March 2001

Bechtel has begun engineering and program management for the Bay Area Rapid Transit District's $1.3 billion seismic retrofitting of its 150-kilometer-long, 39-station system in the San Francisco Bay Area. Bechtel is establishing retrofit criteria, and designing and managing construction of the initial segment of the project. Remaining segments will be retrofitted in phases over 5 to 9 years.