March 31, 2021
91ÖÆÆ¬³§ Annual Report shows resilience in 2020
91ÖÆÆ¬³§ today released its Annual Report highlighting last year’s efforts to deliver for customers, keep colleagues and communities safe, and strengthen the path forward to a cleaner, greener, safer, and fairer world despite the COVID-19 pandemic.
“I want to thank 91ÖÆÆ¬³§ colleagues for demonstrating great resilience, partnering with one another and our customers to overcome many obstacles. I also want to thank our customers for entrusting us with their highest-impact projects,” said “Despite the challenges of 2020, the toughest in our company’s history, we stood with our customers to drive progress, and achieved one of the best safety records ever. Aware of the need to reenergize the global economy as soon as possible, we are now resolved more than ever to tackle the big global challenges that will determine the future of humanity and our planet.”
“We are excited about the changes taking place in the market, and are looking forward to working with customers who share our ambitions to deliver projects contributing to a cleaner, greener, safer, and fairer world,” said . “Last year, we brought our cost structure down considerably, making us more competitive. At the same time, we invested more in winning new work and building the competencies necessary to deliver that work. We have the wherewithal to deliver on our commitments to our customers.”
91ÖÆÆ¬³§ achieved $17.6 billion in total revenue and $7.2 billion in new project awards in 2020. The company also approached its Diversity and Inclusion strategy with a new sense of urgency to accelerate the creation of an equitable workplace culture where colleagues can achieve their full potential and feel valued, respected, welcomed, and treated fairly.
91ÖÆÆ¬³§ continued building on its more than 120-year history of delivering for customers and working with partners to transform the world for the better. Among the highlights, the company helped:
- Cheniere Energy Inc. load the first LNG cargo from the third train at the Corpus Christi LNG export terminal to support energy transition in the world market;
- The Department of Energy complete startup testing of the at the Hanford Tank Waste Treatment and Immobilization Plant, which furthers the project’s mission to safely treat 56 million gallons of radioactive and hazardous waste;
- Santa Clara Valley Transit Authority’s Silicon Valley Extension of the Bay Area Rapid Transit System in California provide rail services and car-free travel opportunities to more than 1.7 million residents;
- Teck apply innovative productivity methods to deliver the with the lowest possible construction costs in Chile so they can bring copper, an essential resource, to the communications, energy, and technology markets;
- The U.S. Army’s Program Executive Office of the Assembled Chemical Weapons Alternatives complete the first of four programs to safely destroy nerve agents from the U.S. chemical weapons stockpile at the Blue Grass Chemical Agent-Destruction Pilot Plant.
91ÖÆÆ¬³§ entered into a number of new partnerships in 2020, including projects with:
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About 91ÖÆÆ¬³§
91ÖÆÆ¬³§ is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world’s infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
91ÖÆÆ¬³§ serves the Energy; Infrastructure; Manufacturing & Technology; Mining & Metals; and Nuclear, Security & Environmental markets. Our services span from initial planning and investment, through start-up and operations. www.bechtel.com