The state-owned oil giant has sent a letter of award to NMDC for the construction of the island, with an estimated value of $136.8 million, according to the Abu Dhabi Securities Exchange (ADX).
NMDC is one of the leading companies providing Dredging, Reclamation, and Marine construction projects in the Middle East. Our fleet mainly operates within the Middle East, though we have the capabilities of mobilizing this in any part of the Globe.
NMDC Group is an integrated energy and marine services, engineering, procurement, and construction (EPC) organization with a footprint spanning the MENA region, South Asia, and beyond. We work on highly ambitious projects, delivering innovative solutions to even …
NMDC Group maintains a modern, world-class fleet of vessels, comprising marine support crafts and dredgers with a wide ranging capacity. To date, our total vessel fleet and support equipment numbers 132, along with over 480 units of major land equipment.
NMDC Group is at the forefront of engineering, procurement and construction in the MENA region, creating the innovative solutions our world depends on. Our portfolio of major projects tells a story of steadfast quality and global ambition.
The deal is a big win for NMDC shareholders as it will create an integrated oil and gas as well as marine services company with footprints across major MENA and South Asian countries.
