Bechtel Wins Court Order to Seize Indian Assets

Bechtel Wins Court Order to Seize Indian Assets

31 May 2005

Armed with a federal court ruling handed down Friday, an affiliate of Bechtel Corporation has attached all shares in Dabhol Power Corp. owned by a company controlled by the Indian state of Maharashtra, the country's commercial center and second largest state. Bechtel took action when the Indian company failed to meet a Friday deadline, set by an international arbitration panel last month, to pay Bechtel US$123 million for violations of its shareholder rights in the Dabhol power project, the largest foreign investment in India's history.

Bechtel Chosen as Contractor for Planned Bahamas Resort

Bechtel Chosen as Contractor for Planned Bahamas Resort

22 April 2005

RJH Holdings has selected Bechtel Infrastructure to serve as building and civil contractor for the planned MOON Bahamas resort and real estate development off the coast of Grand Bahama Island.

Bechtel Limited Wins Safety Award

Bechtel Limited Wins Safety Award

20 April 2005

Bechtel Limited recently won a gold award for occupational safety from the Royal Society for the Prevention of Accidents (RoSPA).

Shell and Bechtel Agree to $1.75 Billion Sale of Intergen

Shell and Bechtel Agree to $1.75 Billion Sale of Intergen

19 April 2005

Shell Generating (Holding) B.V., a subsidiary of The Royal Dutch/Shell Group ("Shell"), and Bechtel Enterprises Energy B.V., a subsidiary of Bechtel Group, Inc., today signed an agreement to sell InterGen N.V. and 10 of its power plants to a partnership between AIG Highstar Capital II L.P. and Ontario Teachers' Pension Plan for $1.75 billion.

Atlantic Raises the Roof on Fourth LNG Tank

Atlantic Raises the Roof on Fourth LNG Tank

01 February 2005

Atlantic LNG's Train 4 development passed a significant milestone when the roof was raised on the outer structure of the fourth LNG storage tank being built at the company's Point Fortin plant. Bechtel serves as the main contractor on Atlantic's Train 4 project.