Worley (ASX:WOR) to advise on Egyptian nuclear power plant

Company News

by Katrina Bullock

Worley (ASX:WOR) has won a consultation services contract for the first Egyptian nuclear power plant.

The Nuclear Power Plants Authority of the Arab Republic of Egypt awarded the contract for the project which will be located on the Mediterranean coast, west of Alexandria.

The power plant will comprise of four pressurised water reactors with a nameplate capacity of 4800 megawatts.

Under the contract which will extend to 2030, Worley will provide technical support including engineering and design review, project management, procurement, quality assurance, commissioning and related activities.

Shares in Worley (ASX:WOR) are trading 0.2 per cent lower at $15.49.

Katrina Bullock

Finance News Network
Katrina is a respected TV journalist, as well as a renowned presenter and award winning lawyer. She holds a Bachelor of Laws (Honours 1st class, division 1), a Bachelor of Business (with Distinction) and is currently undertaking a PhD in Law focused on stock exchange disclosures and corporate governance. She began her career as a corporate lawyer in an Australian top tier commercial law firm and is currently the General Counsel of Greenpeace Australia Pacific. In 2020 Katrina was named one of the 30 best lawyers in Australia under 30 by Lawyer's Weekly.