ABU DHABI (ALETIHAD)
NMDC Energy reported strong financial results for the first nine months of 2025, with revenue rising 33% year-on-year to Dh13 billion and net profit increasing 5% to Dh951 million, according to a statement issued by the company on Tuesday.
NMDC Energy said the performance was supported by solid execution across multiple markets, a growing international presence, and enhanced operational efficiency. The company’s backlog stood at Dh45.6 billion at the end of September 2025, while its total project pipeline reached Dh61.4 billion, reflecting both domestic and international expansion.
Mohamed Hamad Almehairi, Chairman of NMDC Energy, said: “NMDC Energy has been diligent at prioritising capacity-building, adding both depth and scale to its operations across key global energy markets. The company 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 maximised, and market access is enhanced as we explore new opportunities in the ever-evolving energy landscape.”
Ahmed Salem Al Dhaheri, Chief Executive Officer of NMDC Energy, added that the company remained focused on efficient execution and sustainable growth. “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.”
During the first nine months of 2025, NMDC Energy secured key projects in multiple markets, including a Dh9.7 billion offshore EPC contract in the UAE and a Dh4.2 billion project in Taiwan. The company said that international markets contributed 31% of its total revenues during the period.
NMDC Energy also celebrated the first steel cut at its newly developed 400,000-square-metre fabrication yard in Ras Al Khair, Saudi Arabia. Equipped with advanced automation and digital systems, the yard has an annual production capacity of 40,000 tonnes and provides fabrication, rigging, maintenance, and modularisation services for complex energy projects.
The company also achieved its first-ever MSCI ESG Rating of “A”, recognising its strong adherence to environmental, social, and governance principles across its operations.
In addition, NMDC Energy signed two major memoranda of understanding (MoUs) to strengthen its industrial partnerships. The first, with Al Gharbia, focuses on exploring domestic pipe production in the UAE, while the second, with China’s Hilong Shine New Materials, aims to develop research and development collaboration on coating materials and cross-border operational agreements.
NMDC Energy said that with more than 50 years of experience and over 1,200 projects executed, it continues to expand its presence in both offshore and onshore energy markets.
NMDC Energy is an ADX-listed EPC solution provider, specialising in comprehensive Engineering, Procurement, and Construction services for the offshore and onshore oil & gas sector, as well as the broader energy industry.