Initial Public Offering

Over the span of 50 years, NMDC Energy (formerly NPCC) has forged an impressive legacy in the energy industry.

Our Business

Over the span of 50 years, NMDC Energy (formerly NPCC) has forged an impressive legacy in the energy industry.

Who We Are

NMDC Energy, formerly known as the National Petroleum Construction Company (NPCC), was established in 1973. Together with it's subsidiaries, it provides engineering, procurement, and construction services to both offshore and onshore clients in the energy industry.

With its diverse skillset, state-of-the-art construction yards, and remarkable fleet, NMDC Energy delivers innovative and sustainable EPC solutions to major clients in the Arabian Gulf, South and South East Asia, and further afield.

Vision

To deliver innovative solutions shaping the future.

Mission

  • We leverage the talent and experience of our people and provide opportunities to build successful and rewarding careers.
  • We serve our clients through delivering EPC solutions and beyond, that are environmentally conscious, safe and cost efficient.
  • We generate exceptional returns for our shareholders.

Values

NMDC Energy endeavors to reflect the aspirations and culture of the Group in everything we do. We understand our responsibilities as one of the region’s leading EPC companies, and are committed to operating according to our core values:

  • Knowledge
  • Accountability
  • Morality
  • Alliance
  • Leadership

Sustainability

NMDC Energy is a leader in the energy EPC industry, and plays a vital role in the transition to clean energy. Through the formation of strategic partnerships, and the development of innovative clean energy and Carbon Capture and Storage projects, NMDC Energy contributes to the achievement of the UAE’s Sustainable Development Goals, and to global decarbonization efforts.

NMDC Energy in Numbers

  • More than 1,200 projects executed
  • AED 7.9 billion revenue in 2023
  • AED 953 million EBITDA in 2023
  • H1 2024 revenue AED 5,808 million compared to H1 2023 revenue AED 3,090 million
  • Backlog of AED 53.9 billion (as of June 2024)
  • 15,000+ team members
  • 13% Emiratization rate among office workers
  • 4 construction yards in the GCC
  • One of the highest ICV scores among peers
  • Guinness World Record holder for the heaviest platform
  • Winner of #1 EPC Contractor for three years (2020, 2022, 2023)
  • Recognized as Industry 4.0 Digital Leader by MoIAT