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Stay up to date with the latest Company news updates from the global nuclear engineering international industry

Russia’s SCC in profit
Sunday, August 20, 2017 The revenue of Russia’s Siberian Chemical Company (SCC) in 2016 amounted to RUB14.9n (253m) up from RUB14.2bn in 2015. Net profit was more than RUB1.8bn, RUB1.1bn more than in 2015....

Continued profit for Uranium One
Sunday, August 20, 2017 Uranium One, part of the international mining division of Russian state nuclear corporation Rosatom, ended the first half of 2017 in profit. Adjusted net profit (excluding...

Kuwait fund sells Areva stake
Tuesday, August 08, 2017 The Kuwait Investment Authority (KIA) will sell its 4.82% stake in Areva to the French state and will stay away from nuclear investments, for now, Reuters reported on 4 August,...

Jacobs Engineering to acquire CH2M Hill
Thursday, August 03, 2017 Dallas-based Jacobs Engineering Group has agreed to purchase Denver-based CH2M Hill for $2.85bn, the companies announced on 2 August. The deal, which includes a cash and stock...

RWE reorganises its nuclear sector
Tuesday, August 01, 2017 Germany's RWE Power plans to transfer its nuclear power plant operations, along with their employees, into a new stand-alone company, RWE Nuclear GmbH, which was registered in Essen on...

Nuclear outages impact EDF’s earnings
Monday, July 31, 2017 Electricite de France (EDF) saw earning for the first half of 2017 fall by almost 22% to €6.99bn ($8.17bn) with two nuclear plants remaining closed and retail electricity prices...

Toshiba completes acquisition of NuGen
Monday, July 31, 2017 Japan’s Toshiba Corp is now the sole owner of NuGeneration (NuGen) after completing the acquisition of French utility Engie's 40% share in the UK nuclear power plant developer on 25 July.

Toshiba to pay $2.2bn to Summer project owners
Friday, July 28, 2017 Japan’s Toshiba Corporation has agreed to pay South Carolina Electric & Gas Company (SCE&G) and Santee Cooper, the owners of the VC Summer 2&3 AP1000 project in South Carolina,...

NDA stayed within budget in 2016/17
Monday, July 24, 2017 The latest annual report from the UK National Decommissioning Authority (NDA), published on 19 July, says that the organisation stayed within its allocated budget despite the...

Industrial simulation companies Merge
Monday, July 17, 2017 Global industrial simulation companies Corys SAS (a common subsidiary of Areva NP and EDF) and RSI (a subsidiary of IFP Training) merged on 10 July, with the full organisational...

French government completes Areva’s capital increase
Sunday, July 16, 2017

Spain’s Tecnatom sets up US joint venture
Thursday, July 06, 2017 Spain’s Tecnatom said on 4 July that it had established a new company, Farfield NDT Inc, as a joint venture with US company Innerspec Technologies as part of its process...

SNC-Lavalin completes takeover of Atkins
Wednesday, July 05, 2017 Canadian engineering and construction group SNC-Lavalin has completed its acquisition of UK-based design, engineering and project management consultancy WS Atkins for a total of...

Amec Foster Wheeler to keep European nuclear business
Wednesday, July 05, 2017

Rosatom and France’s Assystem to co-operate
Wednesday, June 28, 2017 Russia’s ASE Group, the engineering subsidiary of state nuclear corporation Rosatom, on 20 June signed a memorandum of cooperation with French engineering company Assystem for...

Russia signs MOU with Ethiopia
Tuesday, June 27, 2017 Russian state nuclear corporation Rosatom has signed a memorandum of understanding in the use of atomic energy for peaceful purposes with the Ministry of Science and Technology of...

China sets up new companies in UK
Tuesday, June 20, 2017 China General Nuclear Power Corp on 14 June established three new companies in the UK -- Bradwell Power Corp, which will be responsible for the 100% Chinese-built Bradwell B NPP;...

Amec to lead alliance to provide services to UK sites
Wednesday, June 07, 2017 An alliance of four companies led by UK-based Amec Foster Wheeler has been set up to provide equipment qualification and materials qualification services for nuclear sites in the UK.

Indian-French joint venture set up
Monday, June 05, 2017 India's Axiscades Engineering Technologies has signed a memorandum of understanding with French nuclear engineering company Assystem Energy & Infrastructure to form a joint venture...

More Chinese patents for Lightbridge
Wednesday, May 31, 2017 US nuclear energy company Lightbridge announced on 30 May that it has received a Notice of Allowance in China for another key patent covering a tri-lobe variant of its extruded...

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