Monday 1 September 2014
 
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Areva

Top French firms back Saudi nuclear programme

France-based Areva, an industrial conglomerate, and utility giant EDF have signed two sets of agreements with Saudi firms and universities aimed at supporting the kingdom’s nuclear energy programme. The two companies have si

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Areva, EDF host suppliers day in Jeddah

French energy companies Areva and EDF are hosting a Suppliers Day in Jeddah today (October 1), targeting the industrial infrastructure in Saudi Arabia’s Western Province. It is part of the Industrial Outreach Porgramme, whic

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GDF Suez eyes role in Saudi nuclear bid

Utility GDF Suez would consider a role in an expected French bid to build a nuclear-reactor project in Saudi Arabia, CEO Gerald Mestrallet said in an interview with business daily Les Echos published on Friday. The possibility of

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Turkey to name 2nd nuke plant builder in days

Turkey's energy minister said Ankara will announce by the weekend which country will construct its second nuclear power station, a project expected to cost around $22 billion. Turkey, likely to overtake Britain as Europe's

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Rolls-Royce, Areva in reactor deal

French nuclear group Areva and Rolls-Royce agreed a deal for the British engineering firm to manufacture components for reactors in Britain which is renewing its ageing network of nuclear plants. Areva said the agreement could be expanded

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Areva to sign nuke, solar deal with Saudi group

Top French nuclear reactor maker Areva is set to sign a partnership agreement with Saudi Arabia's Binladin Group for nuclear and solar energy, its chief executive said. 'We think that on solar thermal in Saudi Arabia there'

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Schneider Electric, Areva clinch Iraq power deals

Iraq signed deals worth $52 million with France's Schneider Electric and Areva to build 15 power distribution stations in the southern oil hub of Basra, a government official said. Schneider Electric, has won a $29 million contract to buil

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Areva backs $1.19bn Kuwait investment plan

Areva's supervisory board has approved a 900 million euro ($1.19 billion) capital increase that will see Kuwait taking a near 5 per cent stake in the state-owned French nuclear reactor maker. Saturday's decision concluded months of

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Areva board meets to review KIA investment

Areva's  supervisory board met on Saturday to review the terms of a long-awaited fundraising, a day after France and Kuwait agreed to inject 900 million euros ($1.19 billion) into the French nuclear group. The meeting started at 0

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Kuwait wealth fund to buy $792m Areva stake

Kuwait's sovereign wealth fund is to take a 600 million euro ($792 million) stake in French nuclear group Areva as part of a capital increase that will also see the French state invest 300 million. Economy Minister Christine Lagarde sa

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