NMDC Group, a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion ($7.84 billion), up 10% y-o-y. Net profit surged 29% y-o-y to cross the AED4.0 billion ($1.089 billion) mark.
QatarEnergy has awarded the engineering, procurement, and construction (EPC) contract for the onshore LNG plant of the North Field West (NFW) project, a key component of the world's largest liquefied natural gas (LNG) expansion.
Petrojet, a key Egyptian oil and gas EPC (engineering, procurement, construction) contractor with a significant presence in Abu Dhabi, has announced that it has won a EPC contract worth $273 million to build a 193km natural gas pipeline in Oman.
Leading Indian wastewater treatment specialist VA Tech Wabag has emerged as the preferred EPC partner for the Hadda ISTP project in Saudi Arabia. Wabag is part of the winning developer consortium comprising Metito Utilities, Etihad Water and Electricity and SkyBridge.
Work will soon start on the Mubarak Al Kabeer Port development in Kuwait following the allocation of KD1.2 billion ($3.9 billion) funds to carry out EPC work for Phase I of the project. On completion, the port will emerge as a key regional transport hub in line with Kuwait Vision 2035.
QatarEnergy has awarded Samsung C&T Corporation the engineering, procurement, and construction (EPC) contract for carbon capture and sequestration (CCS) project to serve QatarEnergy’s existing LNG production facilities in Ras Laffan Industrial City.
China Offshore Oil Engineering Company said it has secured a major EPC contract worth $4 billion from QatarEnergy for its Bul Hanine project. The scope of work includes building 60 offshore oil and gas facilities as well as 40 subsea pipelines and cables.
Penspen, a leading international energy consultancy, has secured the project management consultancy (PMC) services contract from the National Oil & Gas Company for the upgrade of the Habshan Gas Compressor Plant in the UAE.
India's Tata Projects has been selected by SAF One Energy Management as its engineering, procurement and construction partner for a key sustainable aviation fuel project in the Middle East. The scope includes delivery of integrated, scalable project solutions and construction methodologies.
NMDC Group, an integrated energy, marine services and EPC major, said one of its key subsidiaries, NMDC Infra, has signed a strategic agreement to acquire 51% stake in Spanish group Lantania Aguas, a specialist in desalination, water treatment and purification projects.
