GE-Hitachi Venture to Pursue Nuclear Contracts in Saudi Arabia
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A venture between General Electric Co. and Hitachi Ltd. plans to pursue contracts in Saudi Arabia as the world’s largest oil supplier develops an atomic program to meet rising power demand.
“Nuclear is part of a natural progression for us to work with Saudi Arabia,” Daniel Roderick, senior vice president at GE Hitachi Nuclear Energy, said in a telephone interview in Riyadh today. “We want to work with the Saudi government on developing their program in the most efficient way.”