NMDC Energy, a key provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, delivered a solid performance in Q1 with its revenues surging 33% to hit AED5 billion ($1.36 billion), driven by the continued execution of its robust project backlog.
NMDC Energy reported Q1 2026 results, maintaining operational continuity across projects. Revenue rose 33 per cent year-on-year to AED5 billion ($1.4 billion).
NMDC Energy, a provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, reported 2025 full-year results, with revenues rising 29 per cent per cent year-on-year to AED 18.7 billion ($5 billion) and 30 per cent from international markets. Net profit grew 14 per cent to AED 1.6 billion.
NMDC Energy has signed a strategic MoU with Baker Hughes in Saudi Arabia to explore opportunities for localising key products and solutions. This collaboration aims to enhance service delivery in energy markets across the Middle East, North Africa, Türkiye, and India.
NMDC Energy has announced solid financial results for the first nine months of 2025, with revenue surging 33 per cent YoY to AED 13.0 billion ($3.5 billion) and net profit gaining 5 per cent YoY to AED 951 million ($258 million), on the back of solid backlog execution across multiple markets.