Prime Highlights :
- Revenue rose 16% to AED9.5 billion in H1 2026.
- Order backlog reached AED33.3 billion by the end of June.
Key Facts :
- NMDC Energy is an Abu Dhabi-based EPC services company.
- The company secured AED2.2 billion in new projects during the second quarter.
Background :
The efficient implementation of projects, winning of new contracts and the steady demand in its EPC segment have led to an upward trend in the revenue and profit of NMDC Energy for the first half of 2026.
Revenue rose by 16% year-on-year to AED9.5bn, from AED8.2bn in the corresponding period in 2014. The company reported a net profit of AED251 million, and that its order backlog increased to AED33.3 billion by the end of June, providing it with good visibility for future work.
70% of its revenue was from projects in the UAE and 30% from international projects, the company said in its release. It closed the second quarter with AED3.3 billion in cash reserves and also had new contracts worth AED2.2 billion, which will help it in its future growth plans.
In addition, NMDC Energy has built up greater industrial relationships during the first half of the year. NMDC Energy signed deals for the encouragement of local production; one of which will involve the establishment of the first electro-submersible pump manufacturing facility in the UAE at Make it in the Emirates 2026. NMDC Energy has signed a memorandum of understanding with Wasco Energy and Neway Valve to boost manufacturing in the region.
NMDC Energy has won six Stevie Awards at the Middle East & North Africa Stevie Awards 2026 for its offshore EPC services and safety technologies.
The company would continue to invest in new technologies and digital project management, said NMDC Energy.
