NMDC Energy, a leading engineering, procurement, and construction (EPC) provider in the oil and gas sector, has reported a robust financial performance for the first nine months of 2025, underscoring its growing global reach and operational agility. The Abu Dhabi-based company announced on October 28 that its revenue surged by 33 percent year-on-year, hitting AED 13 billion ($3.54 billion), while net profit climbed 5 percent to AED 951 million over the same period. These gains, according to NMDC Energy, are the result of solid backlog execution across multiple markets and a strategic push to expand both its geographical footprint and technical capabilities.
Backlog execution remains a cornerstone of NMDC Energy’s growth story. As of the end of September 2025, the company’s backlog stood at AED 45.6 billion, reflecting a steady stream of ongoing and upcoming projects. The awarded projects during this period totaled AED 13.9 billion, further cementing the company’s position as a dominant force in the EPC landscape.
NMDC Energy’s project pipeline, which encompasses both domestic and international ventures, reached an impressive AED 61.4 billion by the end of September. This ramp-up, as highlighted by the company’s chairman, Mohamed Hamad Almehairi, is the result of a deliberate focus on capacity-building and strategic partnerships. "NMDC Energy has been diligent at prioritizing 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," Almehairi said in a statement reported by regional media outlets.
Operational expansion has taken tangible shape with the official celebration of the first steel cut at NMDC Energy’s newly developed 400,000-square-meter fabrication yard in Ras Al Khair, Saudi Arabia. This state-of-the-art facility, equipped with advanced automation and digital systems, boasts an annual production capacity of 40,000 tons. It is designed to provide fabrication, rigging, maintenance, and modularisation services for complex onshore and offshore energy projects, reinforcing NMDC Energy’s ability to deliver on large-scale contracts.
In the first three quarters of 2025, NMDC Energy secured several high-profile projects. These included an AED 9.7 billion offshore EPC contract in the United Arab Emirates and an AED 4.2 billion project in Taiwan, reflecting the company’s competitive edge in securing and executing major assignments across diverse markets. Notably, international operations accounted for 31 percent of the company’s revenues during this period—a significant indicator of NMDC Energy’s successful push beyond its home base.
Eng. Ahmed Salem Al Dhaheri, CEO of NMDC Energy, emphasized the company’s operational strengths and its vision for sustainable advancement. "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," Al Dhaheri stated, as cited by company press releases and industry reports.
The company’s commitment to sustainability and responsible business practices was further validated when NMDC Energy received its first-ever MSCI ESG Rating of "A". This accolade recognizes the company’s strict adherence to environmental, social, and governance (ESG) principles across its business model. According to NMDC Energy, this rating serves as a testament to its "world-class and strict adherence to ESG-related principles," and positions the company as a benchmark for responsible growth in the energy sector.
NMDC Energy’s expansion strategy is not limited to physical infrastructure. The company has been proactive in forging strategic partnerships to enhance its capabilities and market access. In 2025, NMDC Energy signed landmark Memoranda of Understanding (MoUs) with UAE’s Al Gharbia to explore domestic pipe production and with China’s Hilong Shine New Materials, an R&D-focused coating material manufacturer, to pursue cross-border joint-operational agreements. These alliances are expected to facilitate knowledge transfer, maximize operational capabilities, and open new avenues for growth in the evolving global energy landscape.
With more than 50 years of experience and a portfolio of over 1,200 executed projects, NMDC Energy has built a reputation for technical expertise, structured project management, and an integrated approach to innovation. The company operates four state-of-the-art fabrication yards—three in the UAE and one in Saudi Arabia—covering a total area of over 2 million square meters. This extensive infrastructure supports its capacity to meet the evolving demands of the global energy sector, positioning NMDC Energy as a single point of contact for large-scale, complex projects.
The company attributes its strong 2025 performance to a combination of factors: geographic expansion, broader capability building, successful project execution, and operational agility. Its ability to adapt and thrive amid changing market dynamics has enabled NMDC Energy to not only maintain but also strengthen its leadership position in the Middle East’s EPC market while expanding its international presence.
Looking ahead, NMDC Energy signals continued ambition. Guided by the twin pillars of geographical market expansion and capability building, the company is determined to transcend borders and shape a world "where infrastructure meets excellence," as described in its latest corporate materials. The focus on sustainable growth, strategic partnerships, and innovation is expected to underpin NMDC Energy’s trajectory in the years to come.
In summary, NMDC Energy’s financial results for the first nine months of 2025 paint a picture of a company on the rise—buoyed by a healthy backlog, a rapidly expanding project pipeline, and a clear commitment to operational excellence and sustainability. As the energy industry continues to evolve, NMDC Energy’s blend of experience, innovation, and strategic foresight appears to be setting the stage for even greater achievements on the global stage.
