NMDC Group
NMDC Group is an Abu Dhabi-listed integrated energy and marine EPC and dredging organization serving national oil companies, government port authorities, and integrated energy developers across MENA, South Asia, Europe, and Southeast Asia through five business units spanning dredging, oil & gas EPC, engineering consultancy, precast construction, and logistics.
- Company typePublic
- Founded1976
- HeadquartersAbu Dhabi, United Arab Emirates
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What NMDC Group does
NMDC Group PJSC is an Abu Dhabi-headquartered, publicly listed (ADX: NMDC) integrated energy and marine EPC organization with 10,000+ employees and operations across 20+ countries. Originally founded in 1976 as National Marine Dredging Company and rebranded in 2024, the group operates through five wholly-owned business units: NMDC Dredging & Marine (marine dredging, reclamation, and port construction), NMDC Energy (offshore and onshore oil & gas EPC, formed from the 2021 merger with NPCC), NMDC Engineering (coastal and marine consultancy), NMDC Infra (precast concrete construction technology), and NMDC LTS (logistics, technical services, and oilfield management). The group runs a fleet of 170+ specialized vessels and 480+ land equipment units supported by 1.3 million square meters of fabrication capacity in Abu Dhabi and a 400,000 sqm yard under development in Ras Al-Khair, Saudi Arabia.
Revenue is generated primarily through project-based EPC contracts and long-term framework agreements with national oil companies (notably ADNOC and Saudi Aramco), government port authorities, and integrated energy developers, augmented by recurring segments in marine dredging, precast concrete, and logistics/technical services. Core technology investments include an AI-powered Connected Workforce safety system, Digital Twin platforms for offshore assets, subsea robotics with unmanned vehicles, AR-enabled frontline devices, and the region's first commercial hydraulic modeling test facility, alongside a Dredging Academy with simulator-based training. Recent strategic moves include the September 2024 IPO of subsidiary NMDC Energy on ADX (AED 3.22 billion raised, 31.3x oversubscribed), the 2026 acquisition of a 51% stake in Spain's Lantania Aguas marking entry into Europe, and the 2026 NMDCCC joint venture with CCC for UAE onshore O&G EPC.
The commercial model is enterprise field sales targeting a narrow set of mega-clients through competitive tenders, prequalification frameworks, and consortium structures; recent quarterly disclosures show AED 6.6 billion in Q1 2026 revenue (7% YoY), AED 20.5 billion in 9M 2025 revenue (26% YoY), and FY2025 net profit exceeding AED 4.0 billion (29% YoY growth). Geographic expansion is actively underway via acquisitions (Emdad in UAE oilfield services, Lantania Aguas in Spain for water EPC) and major project wins (USD 610 million Pasay Harbor City contract in the Philippines, Vingroup MoU in Vietnam, Adani/Vale MoU in India).
NMDC Group firmographics
Firmographics- Name
- NMDC Group
- Legal name
- NMDC Group PJSC
- Website
- https://nmdc-group.com
- Company type
- Public
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- NMDC Group is an Abu Dhabi-listed integrated energy and marine EPC and dredging organization serving national oil companies, government port authorities, and integrated energy developers across MENA, South Asia, Europe, and Southeast Asia through five business units spanning dredging, oil & gas EPC, engineering consultancy, precast construction, and logistics.
- Ownership category
- akta.pro rank
NMDC Group industry classification
Industry- NAICS
- Support Activities for Mining (2131), Offices of Other Holding Companies (551112), Environmental Consulting Services (54162), Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533), General Bldg Contractors - Nonresidential Bldgs (1540), Drilling Oil & Gas Wells (1381)
- akta.pro primary industry
- Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI)
- akta.pro secondary industries
- Temporary Construction Utilities & Logistics (Laydown Yards, Temporary Power, Transport) (EUAMAFAL), Mine Infrastructure & Utilities EPC (Power, Water, Comms, Camps, Roads, Airstrips) (IMAKAOAB), Environmental & Permitting Compliance During Construction (Erosion Control, Wildlife Mitigation, Monitoring) (EUAMAFAM)
Keywords
Where NMDC Group is headquartered
LocationHeadquarters
- HQ city
- Abu Dhabi
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices5 records
Markets served
NMDC Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Supply Chain, Operations, Technology or R&D, Marketing or Sales
Revenue model
- EPC Contracts: NMDC Group generates the majority of its revenue through large-scale Engineering, Procurement, and Construction (EPC) contracts for oil & gas, energy, and marine infrastructure projects. Revenue is project-based and typically involves multi-year contracts with fixed or cost-plus pricing structures. Major contracts include ADNOC projects (Hail & Ghasha, Ruwais LNG, Estidama), Saudi Aramco LTAs, and offshore development projects.
- Marine Dredging Services: Revenue from marine dredging, reclamation, and construction projects. The company operates a fleet of 170+ specialized vessels and 480+ land equipment units. Projects include port development, artificial islands, channel dredging, and coastal protection.
- Precast Concrete Solutions: NMDC Infra provides precast concrete solutions for construction projects, offering sustainable and affordable precast elements for structural and architectural applications. Revenue generated through construction contracts.
- Logistics and Technical Services: NMDC LTS delivers industry-leading support for complex infrastructure projects through EPC expertise, vessel construction, and marine support capabilities. Includes shipbuilding at Musaffah workshops.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based EPC contracts for large infrastructure projects |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
NMDC Group product offering
Product offeringCore offering
NMDC Group is an integrated energy and marine services, engineering, procurement, and construction (EPC) organization that delivers large-scale infrastructure projects for the oil & gas, energy, and marine sectors. Operating through five business units—NMDC Dredging & Marine, NMDC Energy, NMDC Engineering, NMDC Infra, and NMDC LTS—the company executes marine dredging, land reclamation, offshore and onshore EPC for oil & gas, precast concrete construction, and logistics and technical services for national oil companies, government entities, and integrated energy clients across MENA, South Asia, Europe, and Southeast Asia.
Product overview
NMDC Group is an integrated energy and marine services, engineering, procurement, and construction (EPC) organization operating through five distinct business units. The group encompasses NMDC Dredging & Marine (marine dredging and reclamation), NMDC Energy (oil & gas and energy sector EPC solutions for offshore and onshore), NMDC Engineering (coastal and marine engineering consultancy), NMDC Infra (precast concrete construction technology), and NMDC LTS (logistics and technical services). These units work together to deliver innovative solutions for complex projects across the MENA region and beyond, with a focus on energy, marine infrastructure, and construction sectors.
Differentiator
Problem solved
Functional benefit
Brands
- NMDC Dredging & Marine: Marine dredging, reclamation, and construction services - leading field of marine dredging with years of international experience
- NMDC Energy
- NMDC Engineering
- NMDC Infra
- NMDC LTS
Quantifiable outcome
- Revenue growth of 79% in H1 2024 reaching AED 12.126 billion
- +4 more outcomes
Companies that use NMDC Group
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
NMDC Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
NMDC Group partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered strategic, minor and core.
- Etihad Water and Electricity (EtihadWE)strategicNMDC Infra signed an EPC agreement with EtihadWE and Lantania Aguas to build the Fujairah I Independent Water Producer (IWP) project. The 60 MIGD seawater reverse osmosis desalination plant has a total project value of AED 1.046 billion.
- Energy MastersstrategicNMDC Energy signed MoU with Energy Masters to establish the UAE's first manufacturing facility for Electro Submersible Pumps (ESPs), supporting technology transfer and reducing reliance on imported oilfield equipment.
- Wasco Energy LtdminorNMDC Energy signed an agreement with Wasco Energy Ltd on modular fabrication for data centers, strengthening domestic industrial supply chains.
- Neway Valve (Suzhou) Co., LtdminorNMDC Energy signed agreement with Neway Valve focused on localization of valve manufacturing operations in the UAE, expanding local manufacturing capabilities for the energy sector.
- Adani Ports and Special Economic Zone Limited (APSEZ) / Adani Gangavaram PortstrategicNMDC Ltd (India) signed MoU with Adani Gangavaram Port Ltd and Vale SA to develop an integrated iron ore blending facility and dedicated Special Economic Zone at Gangavaram Port, India. The collaboration aims to establish India's first port capable of handling Valemax vessels (up to 400,000 tonnes).
- Consolidated Contractors Company (CCC)coreNMDC Group, through its wholly-owned subsidiary NMDC Infra, and Consolidated Contractors Company (CCC) established NMDCCC, a joint venture to provide onshore Oil & Gas EPC services in the UAE. The venture combines CCC's track record in energy and chemicals projects with NMDC Group's capabilities.
- Lantania Aguas (Spain)coreNMDC Group acquired a 51% controlling stake in Spain's Lantania Aguas, a desalination and water treatment specialist, marking its first entry into the European market. The deal brings water and wastewater EPC into NMDC Infra's core offering, with Lantania Aguas holding an active backlog exceeding Dh2 billion. The company will be rebranded as Lantania NMDC Water.
- Pasay Harbor City CorporationstrategicNMDC Group signed a $610.1 million contract with Pasay Harbor City Corporation for dredging and land reclamation in Manila Bay, Philippines. The project aims to create an eco-friendly waterfront city over 130 hectares, marking strategic expansion in Southeast Asia.
- ADNOC Logistics & Services (ADNOC L&S)coreNMDC Group signed a three-year collaboration agreement with ADNOC L&S to collaborate on maritime services and integrated logistics for offshore EPC projects in Abu Dhabi, establishing a framework for continued partnership in the marine sector.
- Emdad (acquired 70% stake)coreNMDC Group acquired a 70% controlling stake in Emdad, a local oilfield services company in the UAE, through its newly launched subsidiary NMDC LTS. Emdad reported revenues of over AED600 million ($163 million) in 2024, enabling expansion into the oilfield management segment.
- Vingroup (Vietnam)strategicNMDC Group signed MoU with Vingroup, Vietnam's largest private conglomerate, to explore sustainable coastal land reclamation and development projects in Vietnam, focusing on luxury real estate, coastal protection, and industrial land reclamation.
- AD Ports GroupcoreNMDC Group signed MoU with AD Ports Group for international cooperation in executing international projects, leveraging NMDC's capabilities in engineering, procurement, construction, and marine dredging. The two companies had previously established Safeen for marine survey and operations.
Scale indicators15 records
Recent moves11 records
Expansion highlights6 records
NMDC Group competitors and assessment
Company assessmentBroad incumbents
- McDermott International: Global offshore EPC and construction company specializing in subsea, offshore, and storage solutions for energy projects. Comparable to NMDC Energy in offshore oil & gas EPC scope and NOC client relationships.
- TechnipFMC: Global offshore and onshore EPC and subsea solutions provider serving oil & gas majors with integrated project execution. Comparable to NMDC Energy in offshore EPC scope, scale, and NOC client base, though broader geographically and in technology portfolio.
- Subsea 7: Leading subsea engineering and construction services provider for offshore energy industry. Overlaps with NMDC's subsea capabilities, pipeline laying, and offshore installation work for NOC clients.
- Van Oord: Dutch marine contractor specializing in dredging, land reclamation, and offshore wind installation. Comparable to NMDC Dredging & Marine in international marine infrastructure and energy transition project execution.
- Saipem: Italian-based international EPC contractor executing offshore and onshore oil & gas and energy transition projects. Directly comparable to NMDC Group in offshore platform, pipeline, and LNG EPC delivery for NOCs and IOCs.
- Boskalis Westminster: Global marine services and dredging contractor with large specialized fleet. Direct competitor to NMDC Dredging & Marine in marine dredging, land reclamation, and coastal infrastructure projects worldwide.
- Jan De Nul Group: Belgian maritime services and construction company with extensive dredging and offshore capabilities. Direct competitor to NMDC in marine dredging, coastal protection, and offshore energy infrastructure.
Direct peers
- Lamprell: UAE-based offshore construction and rig building contractor serving MENA oil & gas clients. Comparable to NMDC Energy in regional offshore EPC, fabrication, and rig/new-build services, particularly for ADNOC and Saudi Aramco.
- Consolidated Contractors Company (CCC): Middle East-based global EPC contractor for oil & gas, petrochemical, and civil projects. NMDC's JV partner in NMDCCC for UAE onshore oil & gas EPC; directly comparable in regional EPC capabilities and client base.
- Royal IHC: Netherlands-based marine equipment and dredging vessel builder. Comparable to NMDC LTS in supporting marine and offshore construction with specialized vessels, equipment, and lifecycle services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
NMDC Group social profiles
Digital presenceNMDC Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
NMDC Group leadership team
Management profileNumber of profiles
NMDC Group subsidiaries and ownership
Company hierarchySubsidiaries8 records
NMDC Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NMDC Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NMDC Group
What does NMDC Group do?
NMDC Group is an integrated energy and marine services, engineering, procurement, and construction (EPC) organization that delivers large-scale infrastructure projects for the oil & gas, energy, and marine sectors. Operating through five business units—NMDC Dredging & Marine, NMDC Energy, NMDC Engineering, NMDC Infra, and NMDC LTS—the company executes marine dredging, land reclamation, offshore and onshore EPC for oil & gas, precast concrete construction, and logistics and technical services for national oil companies, government entities, and integrated energy clients across MENA, South Asia, Europe, and Southeast Asia.
Is NMDC Group a public or private company?
NMDC Group is a public company. It is currently operating.
When was NMDC Group founded?
NMDC Group was founded in 1976. It employs 5,001 to 10,000 people.
Where is NMDC Group based?
NMDC Group is headquartered in Abu Dhabi, United Arab Emirates, in the Middle East region.
How does NMDC Group make money?
Four revenue lines are on record. EPC Contracts are the primary driver. The others are marine Dredging Services, precast Concrete Solutions and logistics and Technical Services.
Who are NMDC Group's main competitors?
Broad incumbents on record are McDermott International, TechnipFMC, Subsea 7, Van Oord, Saipem, Boskalis Westminster and Jan De Nul Group. Direct peers are Lamprell, Consolidated Contractors Company (CCC) and Royal IHC.
Does NMDC Group have an API?
No public API is recorded for NMDC Group.
What industry is NMDC Group in?
Its primary akta.pro industry code is EUAMAFAI, Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support), with a secondary code of EUAMAFAL, Temporary Construction Utilities & Logistics (Laydown Yards, Temporary Power, Transport). Its NAICS code is 2131 and its SIC code is 1389.