1086 Results
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New Future for the Tube Starts Here-statement on Tube Lines Profitability
Regarding the profits Tube Lines expect to make in line with delivering its commitments under the contract, Terry Morgan, Chief Executive made the following statement: "Over the first 7.5 years, the 1st review period, the profits after tax are expected to be around £148m. This is based on Tube Lines performance being in line with delivering substantial improvements to the Tube, including a 10% cut in delays over the first 12 months and new signalling systems for the Jubilee and Northern lines."
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Bechtel National Appoints Mitchell Yucca Mountain President, General Manager
Bechtel National, Inc. (BNI), today announced the appointment of John T. Mitchell as President and General Manager of Bechtel SAIC, the Yucca Mountain management and operations contractor for the Department of Energy's Office of Civilian Radioactive Waste Management Program.
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Intergen Completes Financing on 790-Megawatt Rijnmond Energy Facility in the Netherlands
First Project Financing to close in the Liberalizing Continental European Electricity Markets
InterGen announced the financial close of the Rijnmond Energie Center, a highly efficient 790-megawatt (MW) natural gas-fired, combined heat and power facility located in an industrial zone of Rotterdam, The Netherlands. Rijnmond will be the first independent power plant in northwest Europe since the 1996 European Union Electricity Directive. -
Intergen Announces Commercial Operations of Gebze Power Facility in Turkey
InterGen announced that Gebze, a 1554-megawatt (MW), natural gas-fired, combined-cycle power facility, has achieved commercial operations and is dispatching into the Turkish power grid. The Gebze facility and the adjacent 777 MW Adapazari facility, both established by an InterGen-ENKA Consortium, represent the very first Build-Own-Operate (BOO) privatization projects in Turkey.
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Concocophillips and Bechtel Renew Worldwide LNG Alliance
ConocoPhillips and Bechtel Corp. have agreed to renew their collaborative pursuit of liquefied natural gas (LNG) projects worldwide. The collaboration will build upon the recent success of ConocoPhillips as a major owner and participant in the worldwide LNG industry, and Bechtel's recent awards in the engineering and construction of major projects in Trinidad and Tobago as well as Egypt.
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Bechtel to Provide Engineering and Technical Services to TVA for Restart of Browns Ferry Unit 1
Bechtel Power Corporation today announced that it has signed an agreement with the Tennessee Valley Authority (TVA) to provide engineering and technical services for the Browns Ferry Nuclear Plant, Unit 1 Restart, effective October 1, 2002.
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Bechtel-Lockheed Martin Team Awarded-Kwajalein Atoll/Reagan Test Site Contract
U.S. Army Space and Missile Defense Command has awarded a Bechtel-Lockheed Martin company, Kwajalein Range Services, LLC, a contract for Logistics Support and Integrated Range Engineering Support Services at Kwajalein Atoll/Reagan Test Site.Located in the Republic of Marshall Islands, the U. S. Army Kwajalein Atoll/Reagan Test Site is designed primarily for ballistic missile defense testing and space surveillance operations. The U.S. Army Space and Missile Defense Command is the Army's proponent for Space and Missile Defense and is responsible for the operation of the Reagan Test Site and other facilities located at Kwajalein Atoll.
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Bechtel Lands Project to Expand Aluminum Smelter in Bahrain
Bechtel Corporation's new Aluminum Center of Excellence in Montreal will play a key role in a recently announced project to expand Aluminum Bahrain's smelting complex, one of the world's largest. The effort will increase Alba's production capacity by 60 percent.
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Geir Ramleth Named Bechtel Corporation's Chief Information Officer- Executive Returns
Geir Ramleth has rejoined Bechtel Corporation as chief information officer, managing the engineering and construction company's Information Systems and Technology organization. He succeeds Hank Leingang, who joined Bechtel in the newly created position of CIO in 1997 and is currently consulting for the company.
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Bechtel Announces Four Initiatives for Strengthening its Presence in Quebec
Executives from Bechtel and BPR today announced a four-point plan for expanding and sustaining the presence of their companies in Quebec, including formation of a joint engineering firm.
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Mexico's President Fox Inaugurates the Bajio Power Facility
Mexico’s President Vicente Fox Quesada officially inaugurated Bajío, a 600 megawatt, natural gas-fired power facility, during a visit to the plant on Friday, June 7. The plant is owned by the Energía Azteca, a Mexican project company jointly owned by InterGen and American Electric Power (NYSE: AEP). The build, own and operate facility is in commercial operation near the municipality of San Luis de la Paz in the state of Guanajuato, approximately 160 miles from Mexico City.
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Intergen Completes Financing on 860-Megawatt Spalding Energy Facility in United Kingdom
InterGen announced the financial close and funding of credit facilities for the Spalding Energy Facility, a 860-megawatt (MW) natural gas-fired, combined cycle power facility located near the town of Spalding, Lincolnshire.