Tag Archives: NMDC Energy

NMDC Energy concludes successful ADIPEC participation

with several strategic partnership announcements

  • NMDC Energy penned collaboration agreements with Baker Hughes, Hyundai Heavy Industries, Energy Masters Enterprises, and Engineers India Limited.
  • NMDC Energy showcased its leading capabilities across technologies, vessels, yards, and projects at ADIPEC in Abu Dhabi between 3rd and 6th of November 2025.
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NMDC Energy delivers strong H1 growth, showcasing resilience and operational excellence

• H1 revenue accelerated 41% year on year, and net profit climbed 16%
• Backlog stood at AED 49.9 billion,with AED 13.9 billion in awarded projects
• 400,000 sqm fabrication yard in Saudi Arabia now fully operational
• Extended its long-term agreement (“LTA”) with Aramco, continuing a strategic partnership focused on offshore projects in Saudi Arabia

Abu Dhabi, UAE; 23 July 2025: NMDC Energy PJSC (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), today announced strong financial results for the first half of 2025, with sustained growth demonstrating the company’s strength and disciplined execution amid challenging market conditions.

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NMDC Energy and Hilong announce an MoU to explore collaboration in UAE & KSA

  • Both parties intend to explore possibilities for Joint Ventures for coating and materials works in both the UAE & KSA.
  • MoU was signed and announced at Make it in the Emirates (MIITE), taking place between 19 to 22 May 2025 in Abu Dhabi.

Abu Dhabi, UAE: 20 May 2025 – NMDC Energy PJSC (ADX: NMDCENR), a provider of engineering, procurement and construction services for offshore and onshore energy clients, has announced the signing of a Memorandum of Understanding (MoU) to explore collaboration with Shanghai Hilong Shine New Materials Co. LTD (Hilong), at the Make it in Emirates forum in Abu Dhabi.

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NMDC Energy announces strong third quarter net profit of AED 402 million following successful IPO

  • Net profit up 145% year-on-year due to strong operational performance and strategic expansion
  • Third quarter revenues reached AED 3.975 billion, up 110% year-on-year

Abu Dhabi, UAE; 23 October 2024: NMDC Energy JCSJ (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), has reported strong third quarter financial results in its first earnings announcement since its recent initial public offering (IPO).

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