Egypt's Petrojet signs teaming agreement with Korean nuclear companies
Representatives from Petrojet and the Korean companies at the teaming agreement signing ceremony (Image: KHNP)
Dabaa nuclear power plant project
Petrojet, affiliated to the Ministry of Petroleum, has signed several agreements with a consortium of international companies to participate in the implementation of the Dabaa nuclear power plant project, which includes the Korea Water and Nuclear Energy Corporation “KHNP”, KEPCO Engineering and Construction “KEPCO E&C”, Hyundai Engineering and Construction “Hyundai E&C” and Doosan Heavy Industries and Construction. “Doosan”, for cooperation in the Dabaa nuclear power plant project, which will be constructed by the Russian general contractor, JSC “Atomstroyexport”.
During the signing ceremony, which took place at Petrojet's headquarters, Mr. Chang - President of "KHNP" expressed his admiration for the level of the Egyptian contracting industry, and affirmed the Korean companies ’keenness to establish long-term strategic partnerships with major Egyptian companies, to localize technology and transfer the expertise of Korean companies. In establishing nuclear plants for Egyptian companies.
Petrojet is considered one of the major companies in the field of implementing major projects, and the Egyptian company is the leader in qualifying with international certificates in implementing and manufacturing nuclear plants.
On the basis of this agreement, Petrojet, KHNP, KEPCO E&C, Hyundai E&C and Doosan will combine their capabilities and form a strong team to support the Russian general contractor in the construction of the Dabaa nuclear plant.
It is noteworthy that "KHNP", owned by the South Korean government, is one of the most important international companies in the nuclear energy industry, with more than 50 years of experience in establishing and operating nuclear and water power plants, and is currently operating 24 units in Korea in addition to establishing 4 new units in Korea and establishing a plant. Barakah “Nuclear Energy in the United Arab Emirates.
It is also mentioned that the Dabaa plant is the first nuclear power plant in Egypt, to be built in the city of Dabaa in Matrouh Governorate by the “Atom Stroy Export” company of the Russian “Rosatom” company. It will consist of 4 electric power units of the third generation developed with the technology of the Russian VVER-1200 nuclear reactors, each with a capacity of 1200 megawatts.
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