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The company also focused on turnkey projects, a concept Stephen Bechtel Sr. pioneered, in which Bechtel handled a project from planning and design through construction. [14] [17] [18] Bechtel's first job outside the U.S. was building the Mene Grande pipeline in Venezuela in 1940.
The construction of the Trans-Alaska Pipeline System included over 800 miles (1,300 km) of oil pipeline, 12 pump stations, and a new tanker port.Built largely on permafrost during 1975–77 between Prudhoe Bay and Valdez, Alaska, the $8 billion effort required tens of thousands of people, often working in extreme temperatures and conditions, the invention of specialized construction techniques ...
Alaska historian Terrence Cole Since the completion of the Trans-Alaska Pipeline System in 1977, the government of the state of Alaska has been reliant on taxes paid by oil producers and shippers. Prior to 1976, Alaska's personal income tax rate was 14.5 percent—the highest in the United States. The gross state product was $8 billion, and Alaskans earned $5 billion in personal income. Thirty ...
Remains of the Canol Pipeline along the Canol Heritage Trail, 2020. W.A. Bechtel Co, H. Price & Co. and W. E. Callahan Construction Co. formed a consortium to construct the project. Known as Bechtel-Price-Callahan it also included six associated companies. Standard Oil Company was a consultant on the project and would operate the refinery in ...
Warren Augustine Bechtel (September 12, 1872 – August 28, 1933) was the founder of the Bechtel Corporation, the 2nd largest construction company in the United States as of 2022. [1] Early life [ edit ]
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. It was founded by Kenneth Lay in 1985 as a merger between Lay's Houston Natural Gas and InterNorth, both relatively small regional companies. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,600 staff and was a major ...
Stephen Bechtel Sr. Relatives. Warren A. Bechtel (grandfather) Stephen Davison Bechtel Jr. (May 10, 1925 – March 15, 2021) was an American billionaire, businessman, civil engineer, and co-owner of the Bechtel Corporation. He was the son of Stephen Davison Bechtel Sr. and grandson of Warren A. Bechtel, who founded the Bechtel Corporation.
Brendan Peters Bechtel (born 1981) is an American businessman who is the chairman and chief executive officer of Bechtel, [1] the second largest construction company in the United States, [2] which has operations in 160 countries. [3] The great-great-grandson of founder Warren A. Bechtel, [4] he became CEO at the age of 35, [5] and is the fifth ...