NMDC Energy Bag Key Projects Worth Over $3 Billion This Year

NMDC Energy, a leading provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, on Tuesday said that it has secured key projects across several markets, including an $2.64 billion offshore EPC contract in the UAE, an $1.14 billion project in Taiwan.

Accordingly, international market operations generated 31% of NMDC Energy’s revenues in 9M 2025, the company said in a bourse filing with Abu Dhabi Securities Exchange (ADX).

Furthermore, the company initiated key strategic partnerships through the signature of landmark MOUs, the first to explore domestic pipe production with the UAE’s Al Gharbia, and another with China’s Hilong Shine New Materials, an R&D-focused coating material manufacturer, to explore cross-border joint-operational agreements.

Disclosing this while announcing the financial results for the first nine months of 2025, NMDC Energy said that its revenue surged 33% y-o-y to $3.54 billion and net profit gaining 5% y-o-y to $258.95 million, on the back of solid backlog execution across multiple markets.

The strong financial performance reflects the company’s continued operational strength, with a backlog of $12.42 billion as of the end of September 2025. NMDC Energy also continued to ramp up its domestic and international project pipeline, which reached $16.72 billion by the end of September 2025.

NMDC Chairman Mohamed Hamad Almehairi said that the company has been diligent at prioritising capacity-building, adding both depth and scale to its operations across key global energy markets.

He added: “It has been focused on setting fundamental building blocks to amplify the next chapter of our growth and create long-term value for all stakeholders. We remain committed to investing in partnerships where best practices are shared, capabilities are maximized, and market access is enhanced as we explore new opportunities in the ever-evolving energy landscape.”

NMDC CEO Ahmed Salem Al Dhaheri added: “One of NMDC Energy’s defining strengths is our ability to focus on delivering our backlog in the most efficient way to meet the demands of the energy industry. We have reinforced our position as the top-ranked EPC player in the Middle East and continue to build for the next phase of advancement by harnessing strategic partnerships across markets, with a clear focus on sustainable growth.”

NMDC’s Fabrication Activities

NMDC Energy celebrated the first steel cut to mark the start of fabrication activities at its newly developed 400,000 sq. m. yard in Ras Al Khair, Saudi Arabia. Featuring advanced automation and digital systems and an annual production capacity of 40,000 tons, the yard provides fabrication, rigging, maintenance, and modularization services for complex onshore or offshore energy projects.

It has also received its first-ever MSCI ESG Rating of “A”, a testament to its world-class and strict adherence to environmental, social, and governance (ESG) related principles across its business model.

Known for its technical expertise, structured project management, and integrated approach to innovation, NMDC Energy serves as a single point of contact for large-scale, complex projects—ensuring seamless execution and client satisfaction.

The company operates four state-of-the-art fabrication yards—three in the UAE and one in KSA—covering a total area of over 2 million square meters, supporting its vast capacity to meet the energy sector’s evolving demands.