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Egypt, Armenia Contracts For Worley Parsons

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  • Egypt, Armenia Contracts For Worley Parsons

    EGYPT, ARMENIA CONTRACTS FOR WORLEY PARSONS

    World Nuclear News
    http://www.world-nuclear-news.org/C-Egypt_Armenia _contracts_for_Worley_Parsons-2306094.html
    June 23 2009

    Australia-based engineering consultants Worley Parsons has now
    announced contracts to oversee projects towards Egypt's first nuclear
    power plant and for a new power plant in Armenia.

    In December 2008, Egypt's Energy and Electricity Ministry announced
    that following an international tender, it had decided to award a $180
    million contract to Bechtel to choose the reactor technology, choose
    the site for the plant, organise training and provide technical
    services over some ten years. However, the government has now
    transferred this contract to Worley Parsons.

    The company said that it has signed a consultancy services contract
    with the Egyptian Nuclear Power Plant Authority (NPPA) for the 1200
    MWe plant. The initial phase of the contract will involve site and
    technology selection studies, followed by work relating to the plant's
    design, construction management, commissioning and start-up. Worley
    Parsons said that it expects the contract to be worth some $160
    million over eight years.

    In 2006, Egypt announced plans to build a 1000 MWe reactor for
    electricity generation and water desalination at El-Dabaa on the
    Mediterranean coast by 2015, in a $1.5-$2 billion project that would
    be open to foreign participation.

    Armenian contract

    Worley Parsons also said that it has been awarded a contract by
    Armenia's Ministry of Energy and Natural Resources to provide
    consulting services for a second nuclear power plant in the country.

    The contract will be implemented in four phases. The first two phases -
    including the development of a feasibility study for the project and
    handling the tender process for strategic investors in the project -
    are scheduled to begin later this year. Worley Parsons said that the
    first two phases will take about one year to complete. It noted that
    these two parts of the contract are worth $500,000.

    The third and fourth phases of the contract will involve organizing
    a tender and the recommendation of engineering, procurement and
    construction (EPC) contractors, followed by consultancy services
    to the ministry during the design, construction and start-up of the
    project. These phases of the contract, Worley Parsons said, would be
    worth over $430 million, but will only be authorized after selection
    of and commitment by the strategic investors.

    Armenia's existing Metsamor nuclear power station originally hosted
    two reactors. Both were closed down after a severe earthquake in 1988
    triggered concerns about their seismic vulnerability. One unit is
    now undergoing decommissioning, but the other restarted operations
    in 1995 and is earmarked for closure around 2016. Armenia relies on
    Metsamor for over 40% of its electricity and in November 2007 the
    USA also signalled its support for nuclear new build in the country,
    pledging a reported $2 million towards planning studies.

    In June 2009, the Armenian government passed legislation providing
    for construction of up to 1200 MWe of new nuclear capacity from
    one or more reactors. Cost estimates were in the range of $4-$5
    billion. Construction is slated to begin in 2011-12, with commissioning
    by 2017.

    Previous experience

    Worley Parsons has been involved in the implementation of 18 nuclear
    power reactors, totalling over 13,100 MWe, around the world.

    Most recently it has acted as architect/engineer to Bulgaria's
    National Electricity Company (NEK) and the country's Ministry of
    Energy and Energy Resources for the completion of the Belene nuclear
    power plant. The contract was initially signed in January 2005 and
    is valid throughout the multi-year contracting, design, construction,
    commissioning and start-up phases of the project.

    The company has also provided services for the modernization of the
    Kozloduy nuclear power plant in Bulgaria.
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