NMDC Energy Achieves AED 18.7 Billion In 2025 Revenues, Backlog Surges To AED 40.1 Billion

NMDC Energy reported strong full year financial results for 2025, with higher revenue, profit, and a larger proposed dividend. The company said revenue reached AED18.7 billion, up 29 percent year-on-year, while net profit rose 14 percent to AED1.6 billion, as its board suggested raising the cash dividend to AED800 million, or 16 fils per share.

The proposed dividend for the 2025 financial year equals a payout ratio of 50 percent and remains subject to approval at the upcoming General Assembly Meeting. NMDC Energy provides engineering, procurement, and construction services for offshore and onshore energy clients, and continues to expand its activities within the UAE and in international markets.

International, non-UAE markets generated 30 percent of NMDC Energy’s 2025 revenue, underlining the company’s broader geographic reach. Management attributed the financial performance to capacity expansion, greater operating agility, and a mix of partnerships that allowed the group to deliver projects efficiently across several countries and energy segments.

As of 31st December 2025, NMDC Energy reported a backlog of AED40.1 billion, including AED13.9 billion in awarded work. Projects in non-UAE markets made up 20 percent of this backlog, with the UAE contributing the remaining 80 percent, positioning NMDC Energy as the number one EPC contractor in the Middle East by backlog size.

The company’s project pipeline reached AED58.6 billion, spanning the UAE, GCC countries, and additional international locations. This pipeline indicates ongoing demand for offshore and onshore EPC services. Management linked the healthy outlook to earlier investments in fleet capacity, fabrication facilities, and diversified partnerships with clients across several energy-focused jurisdictions.

Mohamed Hamad Almehairi, Chairman of NMDC Energy, said, "This resilient set of results is a clear reflection of our ability to synergise our world-class fleet of vessels, state-of-the-art fabrication yards, exceptional talent, digital innovation, and longstanding client relationships. Our strong backlog and healthy pipeline demonstrate the underlying strength of our business and how we are positioned to meet the future demands of the energy market in the UAE and beyond."

Eng. Ahmed Salem Al Dhaheri, CEO of NMDC Energy, stated, "NMDC Energy has delivered record-high revenues and profits, marking its strongest financial performance to date, underpinned by business model optimization, disciplined project execution, and the effective deployment of AI across our operations. In the period ahead, we will prioritise disciplined growth, operational excellence, and sustainable long-term value creation for the markets in which we operate, our clients, our partners, and our shareholders."

NMDC Energy’s emphasis on disciplined growth and operational excellence aligns with ongoing energy projects across the Middle East, including the UAE and wider GCC. The combination of a strong backlog, sizeable pipeline, expanding international share of activity, and the use of digital tools such as AI provides the company with clear visibility on future work across offshore and onshore EPC projects.

With inputs from WAM