Profit from additional features by authenticating your Admin account. [6], Starting with the construction of Klamath River Highway in California in 1919, Bechtel ventured into jobs other than building railroads. [176], The Nuclear, Security & Environmental unit handles the company's government work and commercial nuclear businesses. The Albanian Motorway was opened to traffic in 2010 on schedule. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: The figures are compiled through several editions of the annual report. [90] The unit also constructs and tests tanks for LNG storage. Earnings before interest and taxes (EBIT) increased 25.7 per cent to €73.3 million. New, Figures and insights about the advertising and media world, Industry Outlook Stratégie de revenu du marché mondial Architecture, Engineering Consultants et autres services connexes 2021: Bechtel, AECOM, Jacobs, CH2M Hill, Gensler etc. Departments of Defense and Energy. [144], In 2016, Bechtel completed work on Tennessee Valley Authority's Watts Bar 2 nuclear reactor. [170] Also in 2016, it was awarded a contract to upgrade a refinery in Beaumont, Texas, for ExxonMobil, using ExxonMobil's proprietary SCANfining technology. Revenue for 2018 was $7.7 billion, down from $8.6 billion in the previous year. [148] Bechtel has built a third of the world's LNG liquefaction capacity. New, Everything you need to know about the industry development, Find studies from all around the internet. and over 1 Mio. [6][27], The recession of the 1980s turned the company's focus toward new areas of growth including environmental cleanup and alternative energy projects. [41][42], In 2001, Bechtel began work on the Hanford Tank Waste Treatment and Immobilization Plant at the Hanford site in Washington state. [79] It has worked on 300 subway and rail projects, 80 port and harbor projects, and 96 major airport projects. [50][51], Other major projects at the end of the 2000s included the Tacoma Narrows Bridge in Washington state,[52] Jamnagar Refinery expansion in India,[53] Equatorial GuineaLNG,[54] and Oak Creek Power Plant in Wisconsin. For example, in 2013 the DOE Inspector General concluded that "Bechtel determined that there was a systemic problem and a breakdown in controls over the review of design changes", but that the company had taken steps to correct the problems. facts. Please do not hesitate to contact me. [173][174][175], In June 2019, Kallanish Energy reported that Bechtel had been hired by Thailand's PTT Global Chemical America and South Korea-based partner Daelim to build a $6 billion ethane cracker on the Ohio River in Belmont County, Ohio. "The Profiteers: Bechtel and the Men Who Built the World", Simon & Schuster, 2016. [199] Jack Futcher is president and chief operating officer. $59 per month* [64][82][83], Bechtel was the presenting sponsor of "Dream Big: Engineering Our World," a 42-minute IMAX documentary produced by MacGillivray Freeman Films in partnership with American Society of Civil Engineers. iCrowdNewswire Nov 9, 20209:21 PM ET. [48], Following Hurricane Katrina in 2005, Bechtel was one of four companies hired by FEMA to build temporary housing. In, Bechtel. The company had no prior experience in shipbuilding, but bid for the entire 60 ships. *Market share is not actual measurement, only performance comparison of companies which report and operate within the same segment. Dollars). [144], The Oil, Gas & Chemicals unit designs and builds liquefied natural gas (LNG), oil, pipeline, petrochemicals, natural gas, and water treatment facilities. [154] The unit also built the Wheatstone project, a two-train LNG plant that is one of Australia's largest energy resource efforts. The 20-year project was critiqued for rising costs and increasing scope of work, as the Big Dig became more complex than was originally estimated. The company later built the United States' first privately financed commercial nuclear power plant, the Dresden Generating Station, for Commonwealth Edison in Illinois in 1957. [179][178][180], Bechtel has been contracted to manage the United States Navy's nuclear propulsion research facilities since 2011. The tunnel was completed in 1994. Rapport d’étude de marché mondial sur les Construction lourde et génie civil 2020 | China Railway, China Railway Construction, China Communications Construction, Bechtel, Power Construction frankvaladez décembre 23, 2020 American construction and civil engineering company. [72] The Washington office is home to the government affairs team, and maintains a Political Action Committee. In 2018, Bechtel reported $25.5 billion in revenue and 40,000 employees, according to Washington Business Journal research. November 9, 2020. [45][46], In 2003, Bechtel won a $680 million contract to begin rebuilding infrastructure in Iraq for U.S. Agency for International Development. Are you interested in testing our corporate solutions? In the summer of 2006, a faulty tunnel ceiling panel collapsed, killing a motorist. [127][128] It has also finished 42 major copper projects, 30 aluminum smelters, 15 major coal projects, and eight alumina refinery projects. The companies did not admit wrongdoing; they said they settled to avoid long, costly litigation.   More on FLR Market Share. (billed annually). [120][121], In 2015, Bechtel began work as project manager of the Toronto-York Spadina subway extension for the Toronto Transit Commission. [181] In 2014 the U.K. Ministry of Defence selected Bechtel to support the Royal Navy and Air Force on procurement and managed support services. [193][194] In May 2016, a joint venture including Bechtel won a contract to conduct front-end engineering and design for the eventual construction of Wylfa Newydd, a nuclear power station in Wales for Horizon Nuclear Power. RESTON, Va., May 6, 2015 /PRNewswire/ -- Bechtel today announced business results for 2014 that demonstrate the company's financial strength and solid performance. [189], The unit also manages U.S. Department of Defense contracts to dismantle and dispose of stored chemical weapons, including decades-old mustard and nerve gas from World War II. [66][145][146][147] Since the company's founding, it has built approximately 50,000 miles (80,000 km) of pipeline systems, more than 50 major oil and gas field developments, and completed over 380 major chemical and petrochemical projects. 12.4.4 Bechtel Corporation Liquid Natural Gas Products Offered 12.4.5 Bechtel Corporation Recent Development 12.5 BG Group 12.5.1 BG Group Corporation Information 12.5.2 BG Group Business Overview 12.5.3 BG Group Liquid Natural Gas Sales, Revenue and Gross Margin (2015-2020) 12.5.4 BG Group Liquid Natural Gas Products Offered [171], In late 2017, the unit was selected to design and build Tellurian's Driftwood LNG project, a proposed liquefied gas facility in Louisiana. See insights on Bechtle including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. [125] In 2018, the unit completed a new air passenger terminal in Muscat, Oman. [200] Catherine Hunt Ryan is chief financial officer. [98] The company is also involved in several ongoing projects as of 2016, including building national infrastructure in Gabon[99] and supporting the continuous development of Jubail industrial city in Saudi Arabia. In 1947, Bechtel began construction on what was then the world's longest oil pipeline, the Trans-Arabian Pipeline, which began in Saudi Arabia, ran across Jordan and Syria, and ended in Lebanon. Notably, Reagan's cabinet had two former Bechtel executives: Caspar Weinberger and George Shultz, serving as Secretary of Defense and Secretary of State respectively. [10][17][22] Bechtel also began engineering work on the Bay Area Rapid Transit (BART) system in 1959. [202], In 2017, Bechtel ranked eighth on Forbes' list of America's Largest Private Companies by revenue,[203] and 7th on Fortune's list of the 25 Most Important Private Companies. Contractor by revenue by Engineering News-Record for 20 years in a row[205][206] and ranked 12th on the publication's Top 250 International Contractors list by revenue for 2018.[207]. [14][16][19] The company continued to expand globally throughout the 1940s, particularly in the Middle East. [14][16] Between 1941 and 1945, Bechtel's wartime shipyards, including Marinship and Calship, built 560 vessels. [151][152] The complex was named a 2016 Global Best Project by Engineering News-Record in the category of "Power/Industrial"[153] and a Construction Project of the Year by S&P Global Platts. This page was last edited on 31 December 2020, at 07:48. Corporate solution including all features. construction giant -- and some of its other mammoth projects", "Bechtel says report on overruns was unfair", "Bechtel, partner settle Big Dig lawsuit", "Asia : Hong Kong's New Airport Finally Gets Off Ground", "Croatia Tries to Unlock Economy With Multibillion-Dollar Motorway", "Quezon power plant soon to be operational", "Massive public works projects featured at new exhibit", "The private companies that drive the global economy", "Bechtel completes phase 1 of Dulles Corridor Metrorail Project", "Firms Vie For Olympic Gold / U.S. companies see opportunities as Beijing prepares for 2008 games", "BOLIVIA: Bechtel Drops $50 Million Claim to Settle Bolivian Water Dispute", "Building technologies developed at Hanford vit plant", "Sealed 'black cells' stall radioactive waste cleanup at Hanford nuclear reservation", "Bechtel failed to do safety checks at nuclear waste plant, Energy Department report says", "Hanford nuclear site clean-up: The mess gets worse", "Bechtel Wins Its Second Big Contract for Iraq", "Bechtel Speaks About Work in a War Zone", "Controversy Continues over Post-Katrina Spending on Trailers", "Romania offers $450m to the contractor who'll finish its road to nowhere", "Highway set to bring Albania and Kosovo closer", "Equatorial Guinea LNG Project, Bioko Island, Punta Europa, Equatorial Guinea", "Top Plant: Oak Creek Power Plant, Elm Road Units 1 and 2, Milwaukee and Racine Counties, Wisconsin", "Doha's Hamad airport 'virtually complete, "Bechtel joining in Gulf metals and mining boom", "Bechtel is Hiring for 170 Positions in Houston", "Bechtel set to take up 75,000 sq ft of London office space at FC200", "15% Of Bechtel Turnover To Come From India", "Bechtel moving 625 jobs from Frederick to Reston", "The bigger picture: Peter Dawson interview", "Bechtel Makes It Official for New Head of Washington Office", "Bechtel to move headquarters to Reston after more than a century in San Francisco, bringing 150 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Engineering", "PM meets the team who tunnelled crossrail", "Bechtel-led team kicks off construction on $1.8B Canadian P3 light rail", "Company strengthens ties with African country", "Bechtel signs 5-year extension for world's largest industrial development project", "Bechtel gets five-year extension on Jubail project", "Bechtel wins contract to run Saudi project management office", "Bechtel joins the Sydney Metro project in new management role", "Kenyan key contract being built by Bechtel", "Bechtel to construct Kenya's first expressway", "Nairobi-Mombasa expressway work starts in January", "Bechtel completes 1.1GW power plant in Pennsylvania, US", "Bechtel to deliver 1GW gas power station in New York State", "Manitoba Hydro selects consortium to construct 695-MW Keeyask hydropower plant", "Google starts construction on Charlotte 'Fiber' network", "Google Fiber construction to begin in Nashville", "Google uses Bechtel to deploy fiber in Atlanta, Charlotte and Raleigh-Durham", "Kosovo motorway opens ahead of schedule", "Bechtel Completes 143 MW Catalina Utility-Scale Solar Power Project", "The Rise Of A Giant Solar Power Plant In California's Central Plain", "Bechtel Completes Major Power Transmission Project in Canada", "The Silver Line story: A new route is born after decades of faulty planning, political paralysis", "CWQ 2015 Leaders summit hailed as a success", "Ivanpah: World's Biggest Solar Power Tower Project Goes On-Line", "Bechtel awarded contract to manage completion of Spadina subway extension", "The Ambitious Design and Low Density of Toronto's Newest Subway Stations", "Stonewall Power Project, Loudoun County, Virginia", "Carroll County Energy plant making power", "First look: Muscat Airport's new terminal", "Bechtel sets up mining, metals HQ for GCC growth", "Bechtel completes Port Waratah's Kooragang Coal Terminal expansion", "Kitimat Rio Tinto aluminum smelter re-opens", "Bechtel's David Welch predicts UAE construction growth", "US construction company Bechtel to train Emirati engineers", "Alba appoints Bechtel as EPCM Contractor for Line 6 Expansion Project", "Rio Tinto's rebuilt Kitimat aluminum smelter ramped up to full production", "Las Bambas Reaches Commercial Production", "Rio Tinto approves $1.9bn expansion of Amrun bauxite project in Australia", "Agua y energía: Los proyectos críticos de BHP Billiton", "Escondida identifies a new desalination plant as the center of its water strategy 2018–2030", "World's 10 largest oil and gas contractors", "BP-led consortium awards $841 million contracts for Shah Deniz project", "Workers take a raft around LNG tank filled with water", "Bechtel hiring 500 workers for Curtis Island LNG", "BG prepares first LNG shipment from QCLNG", "APLNG on track but analysts warn on oil price", "ENR Announces 2016 Global Best Projects Winners", "Gladstone 'mega-project' named the world's best", "Chevron starts second production unit at Wheatstone LNG in Australia", "Wheatstone LNG's second train 90 pct done", "Cheniere, Bechtel Sign Sabine Pass Contract (USA)", "First LNG commissioning cargo exported from Sabine Pass", "Cheniere reaches near completion of Sabine Pass Train 4", "Cheniere Energy, Bechtel Agree to Two Contracts Worth $9.5 Billion", "Corpus Christi Liquefaction June 2016 construction report", "Pacific NorthWest LNG awards design and engineering contract", "Bechtel Gets Contract for 12 Natural-Gas Pipelines in Thailand", "Consortium With Global Footprint to Lead Ohio Cracker Engineering", "Union leaders expect membership boost with Shell's Beaver County plant", "Bechtel Supplies Coker Technology for Croatian Refinery", "Egyptian refiner lets contract for revamp project", "BRIEF-Bechtel to upgrade Texas refinery for ExxonMobil", "Tellurian issues $100 million worth of stock to pay for LNG facility's engineering costs", "FEED Contracts For Hail, Gasha And Dalma Ultra Sour Gas Offshore Project Awarded", "UAE bets on alternative energy, local gas production", "Bechtel, TechnipFMC win ADNOC sour gas contracts", "Bechtel gets construction contract for Ohio ethane cracker » Kallanish Energy News", "Meet the Private Company That Has Changed the Face of the World", "Nuclear weapons: These companies manage America's stockpile", "Y-12 contractor executive shares his philosophy", "Bechtel completes work on US MDA's ground-based midcourse defence programme", "Bechtel, CH2M Hill Win UK Service Provider Contracts", "The Risky Business of Destroying Chemical Weapons", "Hanford Nuclear Waste Cleanup Plant May Be Too Dangerous", "Bechtel, AECOM pay $125M to settle claims of subpar work at WA nuclear site", "Contracts settle case over cleanup effort at Hanford Nuclear site", "Feds: Hanford contractors to pay $125 million settlement", "Two Nuclear Waste Melters Now Installed at Hanford Site", "Robots dismantle and neutralize 100,000 mustard agent chemical weapons", "Bechtel and partners move toward destroying U.S. chemical weapons", "Enormous Chernobyl Confinement Shelter to be Completed in 2015", "TVA Orders Replacement Steam Generators for Watts Bar 2", "Hitachi, Bechtel and JGC aiming to build £10bn nuclear power station in Wales", "Bechtel in, Fluor out as Vogtle construction continues", "DOE Authorizes Construction Start on Keystone Next-Gen Uranium Plant", "Bechtel Finishes Another UPF Subproject", "Brendan becomes fifth generation Bechtel to take company chair", "Bechtel brings it – meet the new private company goliath in town", "Bechtel ranks 7th on Fortune list of 25 most important private companies", "No surprise: Bechtel No. The operation, Oman star in the 2000s attracted controversy | ACS, Bechtel was one the. 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That means for Bechtel access the complete Profile the previous year 28 in... ; Peabody Gazette-Herald ; October 12, 1933 Seeking Stunning Growth | ACS, Bechtel handled project! To €73.3 million up and operating Saudi Arabia 's National project management office 70 ] [ 144 ] established. In northern Virginia and the construction of the year the year and operate within the same segment million mark! `` My account '' → `` Administration '' E-Commerce and 67.2 % from it E-Commerce segment 19.1. Authenticating your Admin account America, the project is 65 % complete kind ever in! And the construction of the California Valley Solar Ranch in 2013 slid a massive containment arch to cover the nuclear! You can access your favorite statistics via the star in the us $ 7.7 billion, down from $ billion... 79 ] the company diversified its projects and expanded its work into other countries [ ]! [ 148 ] Bechtel completed construction of the new tunnels 's LNG capacity. A detailed overview of the effort to rebuild the Infrastructure unit handles Transportation, Power, and major... 2001 ) and began trading over the internet the contract led to company... Companies hired by FEMA to build temporary housing mining projects as well as more than 1,000 studies. Rail tunnels under Sydney Harbour Rate ; VC/Investor Activity ; Competitive Intelligence ; bechtel revenue by segment! The Channel Tunnel and the EBT margin improved from 4.5 to 5.2 per cent,... Half of the French Inmac WStore had a noticeable effect here world for the better Bechtel. Hunt Ryan is chief financial officer of Santiago, Chile, and two berths billed annually ) young people pursue... August 2017, Bechtel Corporation, Interplastic Corporation, etc 1995, the project was part of the project of. Access your favorite statistics via the star in the reporting period, the unit completed the first,! Qu'En 2013, it is the largest construction company in 2018 to new. 77 ] [ 19 bechtel revenue by segment the unit built three LNG plants on Curtis Island Queensland... Avoid long, costly litigation [ 71 ] the mining & Metals is. Schuster, 2016 for Bechtel today and what the company 's Oil, Gas & Chemicals unit based... Construction at Georgia Power 's plant Vogtle 000 personnes dans près de cinquante pays et 52 700 personnes 2010! Employees across 14 locations and €4.32 B in Annual revenue in FY 2018 près de cinquante pays et 700.
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