NMDC Energy secures $2.6bn Abu Dhabi EPC contract

17/03/2025 03:49 AST

NMDC Energy (formerly National Petroleum Construction Company) has announced that it has received a letter of award worth AED9.7 billion ($2.6 billion) for a key energy project in Abu Dhabi.

As per the deal, NMDC Energy will be providing the engineering, procurement and construction (EPC) services for the project beginning March 31.

The entire work will be completed within a 57-month period, it stated.

Established in 1973, NMDC Energy is a leading EPC company working in the energy sector. From its base in Abu Dhabi the group provides a wide range of EPC services for global energy majors including Adma-Opco, Zadco, Aramco and ONGC.


Trade Arabia

News

NMDC Energy, Baker Hughes sign deal to localize offshore solutions in Saudi Arabia

13/11/2025

Abu Dhabi-based NMDC Energy has signed a memorandum of understanding with US energy technology firm Baker Hughes to localize offshore solutions in Saudi Arabia.

The collaboration aims to en

Arab News

NMDC Energy, Al Gharbia join forces for pipeline manufacturing in UAE

23/05/2025

NMDC Energy, a provider of engineering, procurement and construction services for offshore and onshore energy clients, has signed a memorandum of understanding (MoU) with Al Gharbia, an Abu Dhabi-bas

Trade Arabia

Most Viewed Companies

Ticker Price Volume

Valuation

NMDCENR Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
SAUDIARAMCO 27.22 -0.04 (-0.15%)
ADNOCGAS 3.20 0.01 (0.31%)
ADNOCDRILL 5.22 -0.03 (-0.58%)
BAHRI 33.30 0.22 (0.66%)
ADES 18.56 0.09 (0.48%)

Recent News

Global Finance names KFH as 'Best Bank for Sustaining Communities in the Middle East'

24/04/2026

Kuwait Finance House (KFH) has been named "Best Bank for Sustaining Communities in the Middle East" by Global Finance magazine, as part of its Sixth Annual Sustainable Finance Awards, recognizing out

Kuwait Times

Dubai Taxi Company expands fleet with 600 new taxi plates

24/04/2026

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, has acquired another 600 new licence taxi plates through the latest auction conducted by the Dubai Roads and

Trade Arabia

Emirates Islamic operating profit rises 7% to $299.52m in Q1

24/04/2026

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has reported an operating profit of AED1.1 billion ($299.52 million) for the quarter ending March 31, 2026, 7% growth o

Trade Arabia

ADCB delivered record Q1 profit before tax of $1bn

24/04/2026

ADCB, a leading UAE banking group, has delivered record profit before tax of AED3.781 billion in Q1'26, up 30% year on year, extending profit growth track record to 19 consecutive quarters.

Trade Arabia

Al Salam Bank sells its stake in Gulf African Bank

24/04/2026

Bahrain headquartered-Al Salam Bank has announced the sale of its 20.94% stake in Gulf African Bank, the largest Islamic Bank in Kenya.

The sale forms part of AL Salam Bank's broader group

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap