Tag Archives: NMDC Energy

NMDC Energy Reports AED 80M Net Profit for Q1 2026

  • Net profit of AED 80 million in Q1 2026
    • NMDC Energy maintained a strong liquidity position, with a cash balance of AED 3.5 billion

Abu Dhabi, UAE; 28th April 2026: NMDC Energy (ADX: NMDCENR), a leading provider of engineering, procurement and construction (EPC) services for offshore and onshore energy clients, today announced its financial results for the first quarter of 2026, recording revenue growth despite current regional conditions.

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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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