NMDC Energy reports strong H1 results

NMDC Energy, a subsidiary of UAE-based NMDC Group, has reported continued strong growth in its H1 2025 results

NMDC Energy recorded a 41% year-on-year surge in revenue to AED 8.2bn and a 16% rise in net profit to AED 583mn in the first six months of 2005 as it continued its regional expansion, broadened its capabilities, and diversified its revenue streams.

With award wins in the first half of 2025 totalling AED 13.9bn, and a backlog that stood at AED 49.9bn by the end of June 2025, its pipeline of projects reached AED 66bn by the end of the second quarter.

NMDC Energy’s 400,000 sq m fabrication yard in Ras Al Khair, Saudi Arabia, became fully operational during the quarter, strengthening the company’s offshore EPC and modular construction capabilities across the region.

Mohamed Hamad Almehairi, chairman of NMDC Energy, said, “Our progress this quarter demonstrates NMDC Energy’s pivotal role in building regional industrial capability at pace and at scale, as we charter a strategic path that emphasises future-ready initiatives and targeted growth. These are not just partnerships – they are the building blocks for long-term value and self-sufficiency – as we invest our traditional strengths and emerging opportunities to deliver growth and operational excellence at the forefront of the evolving energy sector.”

Eng. Ahmed Salem Al Dhaheri, CEO of NMDC Energy, added, “We continue to build precision and scale into our operations. We advanced local manufacturing partnerships, expanded regional fabrication capacity, and brought one of the Gulf’s most advanced yards online. These steps position NMDC Energy to undertake more complex EPC work faster and at a greater scale. We are building the next phase of our growth with precision, ambition and impact as we shape a world where infrastructure meets excellence.”

NMDC Energy concluded a three-year extension to its Long-Term Agreement (LTA) with Saudi Aramco and an option for an additional three years,  continuing a strategic partnership focused on offshore projects in Saudi Arabia. The company was also awarded the ICV Excellence Award at MIITE in the Semi-Governmental Manufacturers category, recognising its AED 17bn reinvestment in the UAE economy through support for SMEs, local suppliers and workforce development.