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AREVA signs agreement with Saudi groups to develop country’s nuclear program

Luc Oursel, President and CEO of AREVA, added: “These agreements demonstrate the common will of EDF and AREVA to establish a true long-term partnership with the Kingdom of Saudi Arabia. They will enable the country to build a strong industrial base and a robust skills management program.”

EDF Energy Group and AREVA signed agreements with several Saudi industrial groups last week to advance the country’s nuclear program.

The memorandum of understanding, which was signed while French President Francois Hollande was in Riyadh, was developed with four Saudi universities and five Saudi manufacturers.

EDF CEO Henri Proglio said that the agreements will develop Saudi Arabia’s network of local manufacturers and qualified engineers.

Here’s the full press release from Areva

January 6, 2014 - Posted by arclight2011part2 | Uncategorized