Word: bechtel
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...million is the value of the contract awarded to Bechtel for rebuilding Iraq, most of which the U.S. firm plans to subcontract...
...investment and a big potential payoff. Early deals to get the oil fields producing again, and to rebuild the country, might be an indicator that the U.S. is in no rush to bring foreign companies into the mix. Halliburton Co., the Houston oil-field supplier, and Bechtel Corp., the San Francisco engineering and construction firm, have been awarded contracts worth close to $800 million. Halliburton was headed by Dick Cheney before he joined the Administration, though the White House says he played no role in the selection...
...bode well. Many Iraqis moved with unseemly haste from dancing in the streets to stealing everything that wasn't tied down. Worse, their gratitude--which seemed equal parts real and sham--dissolved into griping within days. One wonders how they will receive their newly designated American saviors, Bechtel and a division of Halliburton...
...bode well. Many Iraqis moved with unseemly haste from dancing in the streets to stealing everything that wasn't tied down. Worse, their gratitude - which seemed equal parts real and sham - dissolved into griping within days. One wonders how they will receive their newly designated American saviors, Bechtel and a division of Halliburton...
Winners in the first round of the postwar sweepstakes are likely to include many of the same companies that competed to rebuild Afghanistan: Fluor Daniel, Kellogg Brown & Root, Perini, Parsons, the Louis Berger Group and Bechtel. Costs are expected to be lower than in Afghanistan because Iraq has a functioning technocracy that should make design, engineering and construction much faster. "Given all the Iraqis have done to hide their weapons systems and to build palaces and bunkers for Saddam [Hussein]," says a major U.S. contractor, "they'll be able to provide a trained construction work force and sophisticated materials like...