NMDC Energy Reports Impressive Financial Results for 2025
Overview of Financial Performance
NMDC Energy PJSC (ADX: NMDCENR), a prominent provider of engineering, procurement, and construction (EPC) services across offshore and onshore energy sectors, has unveiled its financial results for 2025, showcasing a notable 29% surge in revenue year-over-year (Y-o-Y) to reach AED 18.7 billion. Of this revenue, a significant 30% emerged from international markets outside the UAE, while the company’s net profit rose by 14% Y-o-Y, totaling AED 1.6 billion.
Proposed Dividend Increase
In response to these strong financial outcomes, the board of NMDC Energy has put forth a proposal to increase its cash dividend by 14%, recommending a payout of AED 800 million for the fiscal year. This would translate to a dividend of 16 fils per share, leading to a payout ratio of 50%, subject to shareholder approval during the General Assembly Meeting.
Growth Drivers and Market Position
The impressive financial performance can be attributed to NMDC Energy’s strategic capacity expansion, enhanced operational agility, and the cultivation of diversified partnerships that facilitate project execution across various markets. The company currently holds a robust backlog amounting to AED 40.1 billion as of December 31, 2025, with AED 13.9 billion attributed to awarded projects. Notably, 20% of this backlog is from international markets, while the remaining 80% is centered in the UAE, reinforcing NMDC Energy’s status as the leading EPC contractor in the Middle East.
Expanding Geographic Footprint
NMDC Energy’s active projects extend across dynamic energy markets, with a pipeline valued at AED 58.6 billion, further solidifying its geographic footprint in the UAE, GCC, and beyond. The organization’s commitment to international growth is underscored by the recent opening of a commercial office in Shanghai, China, alongside a branch office in Taiwan.
Leadership Insights
H.E. Mohamed Hamad Almehairi, Chairman of NMDC Energy, remarked, “This resilient set of results clearly reflects our ability to synergize our advanced fleet of vessels, top-tier fabrication facilities, skilled workforce, and strong client relationships. The robustness of our backlog and the health of our pipeline are indicators of our capability to meet future energy market demands, both in the UAE and internationally.”
Eng. Ahmed Salem Al Dhaheri, the CEO, further explained that NMDC Energy’s record-high revenues and profits mark its strongest performance to date. This success is driven by an optimized business model, disciplined project management, and the effective integration of artificial intelligence (AI) into operations. He mentioned, “In the upcoming period, we will focus on responsible growth, operational excellence, and creating sustainable long-term value for our clients and stakeholders.”
Technological Advancements
The company’s initiatives also demonstrate significant advancements in technology adoption. In 2025, NMDC Energy reported considerable progress in deploying AI across its operations, including projects in its yards and vessels. These AI enhancements have led to a substantial reduction in planning times and a remarkable saving of over 42,000 work hours across all ongoing initiatives.
Strategic Partnerships and Future Outlook
In 2025, NMDC Energy initiated several strategic partnerships by signing landmark Memoranda of Understanding (MoUs) during key events such as the Make it in the Emirates (MIITE) and the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC). These collaborations aim to bolster NMDC Energy’s market positioning and enhance its project execution capabilities.
With over 50 years of experience and a proven track record in delivering successful projects, NMDC Energy is poised for continued growth. Guided by strategic principles focused on geographical market expansion and capability enhancement, NMDC Energy aims to strengthen its global presence and contribute to a future where infrastructure excellence prevails.
