Source : WAM
NMDC Energy, a major provider of engineering, procurement and construction (EPC) services to offshore and onshore energy clients, announced its full-year 2025 financial results, reporting a 29 percent year-on-year increase in revenue to AED 18.7 billion. International markets accounted for 30 percent of total revenues, while net profit rose 14 percent year-on-year to AED 1.6 billion.
Following the strong performance, the company’s board proposed a 14 percent increase in its cash dividend to AED 800 million for the 2025 financial year. This represents a dividend of 16 fils per share and a payout ratio of 50 percent, subject to shareholder approval at the upcoming General Assembly Meeting.
The robust results were driven by capacity expansion, improved operational agility, and the company’s ability to build diverse strategic partnerships that enabled efficient project execution across multiple markets.
As of December 31, 2025, NMDC Energy’s backlog stood at AED 40.1 billion, including AED 13.9 billion in awarded projects. International markets accounted for 20 percent of the backlog, with the UAE making up the remaining 80 percent. The company also reported a project pipeline of AED 58.6 billion across the UAE, the GCC and other international markets, reinforcing its position as the Middle East’s leading EPC contractor with a growing global presence.
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.
