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NMDC Energy Reports 33% Surge In Revenue & Expands Global Backlog To AED 45.6 Billion

Reeba Asghar by Reeba Asghar
October 29, 2025
in Energy
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NMDC Energy continued to advance its international footprint

NMDC Energy continued to advance its international footprint

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NMDC Energy reported solid results for the first nine months of 2025, posting AED 13.0 billion in revenue and AED 951 million in profit
NMDC Energy continued to advance its international footprint
NMDC Energy continued to advance its international footprint

NMDC Energy PJSC announced robust financial results for the first nine months of 2025, driven by strong project execution and continued expansion across international markets.

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Revenue surged 33% year-on-year to AED 13.0 billion, while net profit increased 5% year-on-year to AED 951 million, reflecting operational resilience and effective backlog delivery.

As of the end of September 2025, NMDC Energy’s backlog stood at AED 45.6 billion, supported by an expanding project pipeline that reached AED 61.4 billion.

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 continues to lay strong foundations for its next phase of growth, creating long-term value for all stakeholders.”

He reaffirmed the company’s commitment to developing partnerships that share best practices, maximise capabilities, and enhance market access.

Eng. Ahmed Salem Al Dhaheri, CEO of NMDC Energy, added:

“One of NMDC Energy’s defining strengths is our ability to efficiently deliver on our backlog and meet the evolving demands of the energy industry. We’ve reinforced our position as the top-ranked EPC player in the Middle East and are building for the future through strategic partnerships focused on sustainable growth.”

During the period, NMDC Energy continued to advance its international footprint, securing major contracts including an AED 9.7 billion offshore EPC project in the UAE and an AED 4.2 billion project in Taiwan. International operations contributed 31% of total revenue in the first nine months of 2025.

The company also marked a key operational milestone with the first steel cut at its newly developed 400,000 sqm 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, offering fabrication, rigging, maintenance, and modularisation services for complex onshore and offshore projects.

Further underscoring its commitment to sustainability, NMDC Energy received its first-ever MSCI ESG Rating of “A”, reflecting world-class adherence to environmental, social, and governance standards.

Tags: marketsNMDC Energyprofit
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Reeba Asghar

Reeba Asghar

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