NMDC Group, a global leader in engineering, procurement, construction and marine dredging, and engineering and construction firm Consolidated Contractors Company (CCC) have established a new centure, NMDCCC, to provide EPC services for the onshore oil and gas sector in the United Arab Emirates
NMDCCC will operate as a subsidiary of NMDC Infra, which is a wholly owned subsidiary of NMDC Group. The new entity combines CCC’s extensive track record in executing complex energy and chemicals projects with NMDC Group’s capabilities and resources. NMDCCC aims to support the UAE’s vision for energy security and sustainable development by leveraging the combined technical expertise of both entities, and offering innovative, efficient, and high-quality onshore energy EPC solutions.
His Excellency Mohamed Thani Murshed Ghannam Al Rumaithi, chairman of the Board of Directors of NMDC Group, said, “The formation of NMDCCC is another important step in NMDC Group’s growth journey as it adds significant depth to our existing EPC business. It enables us to serve critical energy projects with greater scale, precision, and efficiency to meet the sector’s aspirations. Collectively, NMDC Group’s market-leading diversified businesses have also come to reflect the ambitions of the UAE Vision 2031, and as we look optimistically ahead, we’ll continue to apply our vast capabilities in ways that will drive sustainable growth and economic progress for the UAE and beyond.”
The new venture will help to grow NMDC Infra’s capabilities and services, in line with NMDC Group’s strategy of continuously complementing and enhancing the service offering under its verticals. It will complement NMDC Infra’s offering by increasing its market share, tapping into new markets, and allow successful execution of a growing backlog under NMDC Group, while mitigating supply chain risk by securing execution capabilities and reducing turnaround time to better serve clients.
NMDC Infra and CCC establish new venture
The new venture will provide EPC services for the onshore oil and gas sector. (Image source: Adobe Stock)