Egypt Signs $160 Million Deal with Australia's WorleyParson for Nuclear Energy Plan
Written by Glenn Pearston   
Thursday, 18 June 2009 12:28
Egyptian Prime Minister Ahmed Nazif Egyptian authorities have signed a deal with Australia's WorleyParsons for consulting on a nuclear power plant. The deal is projected to be worth approximately 900 million pound Egyptian or $160 million. The Australian firm will look for suitable locations for a nuclear power plant in Egypt. This nuclear power plant would be the first in Egypt. WorleyParsons will also review and refresh the studies done on the site at Dabaa located on the coast of the Mediterranean Sea. Egypt has long planned on building a nuclear power plant there, dating back to the early 1980's. Egyptian cabinet members confirmed the consultancy agreement and that Egypt is renewing its plans for a nuclear plant near the Mediterranean coast.

The Australian company will propose five additional sites that are suitable for nuclear power plants. Sites expected to be on the list are al-Negeila, Hamam Firaon and Safaga. The inclusion of these locations was cited by Hassan Younes, Egypt's Minister of Electricity. His statements were made at a ceremony celebrating the signing of the consultancy agreement with WorleyParsons.

The Prme Minister of Egypt, Ahmed Nazif, added that this action was key to making Egypt a regional spoke for all types of energy and was very important to Egypt's future.

The consultancy agreement between Egypt and WorleyParsons is a 10 year deal and calls for WorleyParsons to select the reactor technology, develop a plan for quality control of the overall project, train and educate the staff that will run the nuclear power plan and provide ongoing technical services.

Bechtel Power Corporation, a U.S. based energy firm, was beat out by WorleyParsons when talks with Bechtel Power fell apart. WorleyParsons was the second place finisher in the Egyptian held tender to select consultants for Egypt's first nuclear reactor plant.

Egyptian officials announced in October of 2007 that they wished to build several nuclear power plants to meet ongoing and growing energy needs of the country. Consulting firms from Russia, France, Kazakhstan and China placed bids in addition to the U.S. and Australia based companies.

In 1981, Egypt ratified the nuclear treaty for Non-Proliferation. In 2008 Egypt refused to sign a newer protocol giving the U.N. the right to conduct short notice inspections of facilities involved in nuclear research or production.


Glenn Pearston
Written on Thursday, 18 June 2009 12:28 by Glenn Pearston

Viewed 2278 times so far. Like this? Tweet it to your followers!

Rate this article

Latest articles from Glenn Pearston

Latest 'tweets' from Safe Nuclear Energy

  • RT @NuclearAnalyst U.S. Companies Buying Enriched Uranium From Russia - Nuclear Safety http://cli.gs/mvN3ut (via @tweetmeme) Link Friday, 19 June 2009 17:27
  • RT @NuclearAnalyst OakFlat DOS Nuclear Reactor Simulator Game - Nuclear Safety http://cli.gs/GhHAnv (via @tweetmeme) Link Friday, 19 June 2009 16:06
  • RT @NuclearAnalyst Senate Energy Committee Approves Energy Bill - Nuclear Safety http://tinyurl.com/nb22s8 (via @tweetmeme) Link Friday, 19 June 2009 12:18
  • RT @NuclearAnalyst Women Play a Key Role in Energy Future - Nuclear Safety http://cli.gs/DaGWHP (via @tweetmeme) Link Friday, 19 June 2009 11:53
  • RT @NuclearAnalyst Elmore County Idaho Wants Nuclear Plant on Snake River - Nuclear Safety http://tinyurl.com/kwksx6 (via @tweetmeme) Link Friday, 19 June 2009 10:05

 

Add comment


Security code
Refresh

Official Resources

site-nrc
The US Nuclear Regulator Commission website has a wealth of information on the plants, safety protocols, and more. Link
site-iaea
The International Atomic Energy Agency is the primariy international nuclear authority focussing on nuclear verification and security, safety and technology transfer. Link
site-nnsa
The National Nuclear Security Administration deals with military use of nuclear power and nuclear weapons safety and proliferation. Link