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NMDC Energy

Growth Score40DXBi Rank45Heat Score100

NMDC Energy PJSC

Abu Dhabi's flagship offshore and onshore oil & gas EPC contractor, formerly National Petroleum Construction Company (NPCC), now the energy-services arm of NMDC Group and independently listed on ADX.

Founded 1973Public (ADX-listed; majority-owned subsidiary of NMDC Group PJSC)PublicMussafah, Abu Dhabi, UAE, Abu Dhabi1000+ employeesnmdc-energy.com
Prospect profileoil-gas-epcoffshore-constructionabu-dhabiadx-listednmdc-groupfabrication-yard
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Overview

NMDC Energy (formerly National Petroleum Construction Company, NPCC) is an Abu Dhabi-headquartered engineering, procurement and construction (EPC) contractor founded in 1973, serving the offshore and onshore oil, gas and wider energy industry across the Middle East and Asia. It operates a 1.3 million sq m fabrication yard in Mussafah with roughly 100,000 MT/year of structural-steel capacity and a fleet of offshore construction and pipelay vessels, and has delivered major EPC contracts for ADNOC (e.g. Dalma, Belbazem, Upper Zakum) among other clients. The company is now part of NMDC Group (which is itself ADX-listed), and NMDC Energy completed its own IPO on the Abu Dhabi Securities Exchange in September 2024 -- reported as the UAE's largest listing that year -- selling roughly 23% of its share capital.
40

Growth Score

Steady

100

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Public (ADX-listed; majority-owned subsidiary of NMDC Group PJSC)
Funding Stage
Public
Headquarters
Mussafah, Abu Dhabi, UAE
Founded
1973
Company Size
1000+ employees

Stock listing

Abu Dhabi Securities Exchange (ADX): NMDCENR

Products & Services

Offshore EPC Solutions

Engineering, procurement, and construction services for offshore oil and gas facilities, including transportation and installation of pipelines, topsides, jackets and bridges, plus pre-commissioning and commissioning.

Onshore EPC Solutions

Green- and brownfield EPC delivery for onshore process facilities, pipelines, tank farms and spheres.

Fabrication Services

Structural and pressure-vessel fabrication across 1.3M+ sq. m of yard space, producing modules up to 100,000 metric tons and load-outs up to 25,000 metric tons, including a Ras Al-Khair (Saudi Arabia) fabrication yard.

Engineering Services

In-house design engineering (roughly 1,850 engineers across Abu Dhabi, Mumbai and Hyderabad) supporting onshore and offshore project design.

Procurement Services

Global procurement network with international offices, expeditors and inspectors supporting project material sourcing.

Project Management Services

End-to-end project management for complex, fast-track energy infrastructure projects.

Renewable Energy / Offshore Wind Services

Emerging renewable-energy line including offshore wind farm installation and charter services, notably in Taiwan.

People

Technology

No technology or web presence data on file yet.

Financials

Public

Funding stage

$3.8B

Valuation

Abu Dhabi Securities Exchange (ADX): NMDCENR

Stock

Funding rounds

Projects

PartnershipAnnounced

Hilong MoU (UAE & KSA collaboration)

NMDC Energy and Hilong announced a Memorandum of Understanding to explore collaboration opportunities in the UAE and Saudi Arabia.

May 1, 2025

PartnershipAnnounced

Technip Energies Joint Venture

NPCC (now NMDC Energy) and France's Technip Energies set up a joint venture to support energy transition projects.

Jul 1, 2022

Contract AwardAnnounced

Aramco Long-Term Agreement Extension

NMDC Energy received an extension to its Long-Term Agreement (LTA) with Saudi Aramco, continuing an existing onshore/offshore construction framework relationship.

Apr 1, 2025

Contract AwardAnnounced

Hail & Ghasha Development Project

NPCC (now NMDC Energy) was awarded a contract by ADNOC for the Hail & Ghasha offshore sour gas development project.

Oct 1, 2023

Contract AwardAnnounced

Umm Shaif Field Development EPC Contract

ADNOC awarded NPCC (now NMDC Energy) a near-$1 billion EPC contract to develop the Umm Shaif offshore field.

$1.0B

Jun 1, 2022

PartnershipAnnounced

Al Gharbia Pipeline Manufacturing Partnership

NMDC Energy and Al Gharbia joined forces to accelerate local pipeline manufacturing capabilities in the UAE.

May 1, 2025

Contract AwardAnnounced

Ruwais LNG Project EPC Contract

NMDC Energy (formerly NPCC), together with Technip Energies and JGC Corporation, was awarded a US$5.5 billion EPC contract by ADNOC for the Ruwais LNG project, comprising two natural gas liquefaction trains (9.6 Mtpa) powered by clean electric-driven motors - set to be the first LNG export facility in MENA to run on clean power.

$5.5B

Jun 13, 2024

Contract AwardAnnounced

Tung-Hsiao Power Plant 2nd Stage Renewal Project (Taiwan subsea gas pipeline)

NMDC Energy, with support from NMDC Dredging & Marine, was awarded a $1.136 billion contract by Taiwan Power Company (Taipower) to design, construct and install a 111 km subsea gas pipeline between Taichung and Tung-Hsiao, marking the company's strategic entry into the Taiwanese/Asian market.

$1.1B

Jan 9, 2025

Contract AwardAnnounced

ADNOC Gas Estidama Project Contract

NMDC Energy (formerly NPCC) secured a $254.6 million contract from ADNOC Gas for the Estidama project.

$255M

Jul 1, 2024

PartnershipAnnounced

KEZAD Manufacturing Facility Lease

KEZAD Group signed an AED 367 million lease agreement with NMDC Energy for a manufacturing facility in Abu Dhabi.

$100M

Jun 1, 2024

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