Wednesday, December 15, 2010

News: Atkins in nuclear engineering joint venture

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Atkins and Assystem are to form a strategic alliance to create a 50/50 nuclear engineering joint venture to provide consultancy and engineering services to the rapidly-expanding international nuclear new build market.

The Nuclear Atkins Assystem Alliance will enable both companies to address demand from governments and utilities in countries developing nuclear power as part of their energy mix and will provide services to nuclear new build projects and across the entire nuclear fuel cycle.

Britain's Atkins and France's Assystem are recognised by key participants in the global nuclear power industry for their engineering expertise and the two companies each enjoy more than 40 years experience in the nuclear sector.

Atkins has a reputation for delivering engineering excellence worldwide including in many countries which are considering adding nuclear power to their energy mix.

Assystem has built its engineering reputation in some of the world's safest, most advanced nuclear technologies by working with such market leaders as AREVA and EDF, supporting them on all of their projects in France and abroad.

Headquartered in France, the alliance will combine Atkins' and Assystem's strengths to position both companies to take advantage of opportunities in the international nuclear market estimated to see more than 200 new reactors over the next 20 years.

The companies will continue to serve their home markets of the UK and France as separate entities.

Keith Clarke, chief executive of Atkins, said: "Nuclear engineering is a key part of Atkins' strategy going forward. The alliance with Assystem will give us a strong platform from which to deliver nuclear services to emerging international markets.

"The combination of our collective nuclear expertise will position us superbly to pursue opportunities in a broader array of markets with a wider range of services which go beyond our considerable presence in our own home markets."

Dominique Louis, chairman of the Assystem management board, added: "By combining our capabilities and the experience acquired in the French and British nuclear programmes, which are among the world’s most advanced, Assystem and Atkins will together deliver unrivalled nuclear engineering excellence to governments and utilities."

In 2008, Atkins acquired Rotherham design engineers, Bennett Associates to strengthen its position in the nuclear sector.

They have been involved in the nuclear industry for over 20 years and their mechanical engineering designers have worked on systems for the Sizewell B nuclear power station, lifting frames for nuclear submarines and the design and analysis of nuclear shield doors and restraints.

Atkins website

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