Tuesday, June 9, 2015

Jacobs Wins Nuclear Decommissioning Contract

Magnox Limited is decommissioning nuclear power facilities in the U.K. Jacobs Engineering (NYSE: JEC  ) has been contracted to provide project management resources, skills development, coaching, and employment opportunities for Magnox employees as an extension of original protocols established with Jacobs and AMEC in 2011, the companies announced today.

Under its VELA alliance with AMEC, a British engineering and consulting firm, Jacobs is able to provide Magnox the opportunity to retain skills within the entire nuclear industry while  VELA gains access to a skilled pool of talent from within Magnox with which to augment and develop its teams of experts serving the wider nuclear industry. A value for the contract announced today was not disclosed.

Jacobs Group Vice President Bob Irvin said: "Together with Magnox, [Jacobs and AMEC ] are pleased to blend a complementary set of skills, experience and capabilities together in support of Magnox's decommissioning work in the UK."

There are 11 Magnox reactors in the U.K. Jacobs is one of the world's largest providers of technical, professional, and construction services. 

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