Also, if Saudi Arabia has so much oil, why do they need nuclear energy? Are they going to use the reactor for secondary reason: refine nuclear material for a bomb?
Quoting from One American News Network:
Toshiba-owned Westinghouse <6502.T> is in talks with other U.S-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, three industry sources said.
Saudi Arabia, the world’s top oil producer, sent a request for information (RFI) to reactor builders worldwide last month in a first step towards opening a formal tender, Reuters has reported. A nuclear newcomer, it wants to use atomic power to generate electricity at home so it can export more crude.
Taking part in the tender would be a major step for reactor builder Westinghouse after it went into chapter 11 bankruptcy this year.