NMDC Energy Secures AED 2.8 Billion Letter of Award from Saudi Aramco for Three Offshore EPC Projects in Saudi Arabia

Abu Dhabi, UAE – October 24, 2026: NMDC Energy PJSC, a leading UAE-based engineering, procurement and construction (EPC) company, has received a Letter of Award worth AED 2.8 billion (USD 763.3 million) from Saudi Aramco for the execution of three major offshore energy infrastructure projects in Saudi Arabia.

The company announced the awards through a disclosure to the Abu Dhabi Securities Exchange (ADX) on October 23, 2026.

The contracts cover engineering, procurement and construction activities associated with offshore oil and gas infrastructure. According to the disclosure, the three projects are expected to be completed within 18 to 23 months.

The awards further strengthen NMDC Energy's longstanding relationship with Saudi Aramco and expand its offshore EPC portfolio in the Kingdom.

The projects are expected to generate opportunities for offshore fabrication contractors, marine engineering companies, structural steel suppliers, specialised equipment manufacturers and installation service providers.

NMDC Energy provides integrated offshore engineering, fabrication, marine installation and commissioning services across international energy markets.

The latest awards follow AED 2.2 billion in project contracts secured during the second quarter of 2026.

The specific project names, offshore field locations, individual contract values and detailed work packages have not yet been disclosed