13/11/2025 03:18 AST

Abu Dhabi-based NMDC Energy has signed a memorandum of understanding with US energy technology firm Baker Hughes to localize offshore solutions in Saudi Arabia.

The collaboration aims to enhance the localization of offshore products and services in the Kingdom, serving energy markets across the Middle East, North Africa, Turkiye, and India region, according to a company statement.

Under the agreement, Baker Hughes will leverage NMDC Energy's fabrication yard in Ras Al-Khair to produce and service offshore equipment, including an Emergency Pipeline Repair System project and a logistics base for flexible pipeline systems.

This latest collaboration follows a separate agreement signed between NMDC Energy and Baker Hughes during the ADIPEC 2025 conference in Abu Dhabi to explore opportunities in localizing selected gas technology products across the MENATI region.

During the conference, NMDC Energy also partnered with several international and regional players to expand its engineering, procurement, and construction services to meet rising sector demand.

Ahmed Al-Dhaheri, CEO of NMDC Energy, said: "As a strategic enabler of Saudi Arabia's energy sector through global partnerships, NMDC Energy is committed to finding new pathways toward increased localization in the Kingdom, supporting economic growth, job creation, and diversification."

He added: "NMDC Energy's fabrication capabilities have drawn global players, particularly leading entities such as Baker Hughes, who share our vision of finding synergies that meet the evolving energy sector demands in the Kingdom and the wider MENATI region."

Earlier this year, NMDC Energy inaugurated its advanced fabrication facilities in Ras Al-Khair, Saudi Arabia, located within the Ras Al-Khair Special Economic Zone.

The 400,000-sq.-meter fabrication yard is designed to serve both offshore and onshore projects, with an annual production capacity of 40,000 tons.

Equipped with advanced automation and digital systems, the facility offers comprehensive fabrication, rigging, maintenance, and modularization services for complex energy infrastructure.

NMDC Energy is majority-owned by NMDC Group. With over 50 years of experience, the company has executed more than 1,200 projects and provides end-to-end solutions, including engineering, procurement, pipe laying, project management, fabrication, installation, and commissioning.


Arab News

NMDC Energy, Al Gharbia join forces for pipeline manufacturing in UAE

23/05/2025

NMDC Energy, a provider of engineering, procurement and construction services for offshore and onshore energy clients, has signed a memorandum of understanding (MoU) with Al Gharbia, an Abu Dhabi-bas

Trade Arabia

NMDC Energy secures $2.6bn Abu Dhabi EPC contract

17/03/2025

NMDC Energy (formerly National Petroleum Construction Company) has announced that it has received a letter of award worth AED9.7 billion ($2.6 billion) for a key energy project in Abu Dhabi.

Trade Arabia

Ticker Price Volume
Ticker Price Change
SAUDIARAMCO 25.96 0.02 (0.07%)
ADNOCDRILL 5.80 0.12 (2.11%)
ADNOCGAS 3.55 0.01 (0.28%)
BAHRI 31.32 -0.04 (-0.13%)
ADES 17.30 -0.09 (-0.52%)
Aramco Signs 28 MoUs Worth Over $1 Billion at Middle East Corrosion Conference

13/11/2025

Saudi Aramco announced the signing of 28 memorandums of understanding (MoUs) worth more than $1 billion during the 19th Middle East Corrosion Conference and Exhibition, held in Dhahran, eastern Saudi

Asharq Al Awsat

NBK sets new standards for excellence in human capital development with 2 prestigious awards

13/11/2025

In a new achievement that confirms the excellence of its human capital strategy, National Bank of Kuwait received two prestigious awards as part of the GCC Government Human Resources and Youth Awards

Kuwait Times

Commercial Bank, SEIB hold joint webinar

13/11/2025

Cementing their commitment and efforts toward enabling and empowering Qatar's SME ecosystem, Commercial Bank and Seib Insurance held a joint online webinar titled: The Safety Net: Identify, Combat &

The Peninsula

QSE index closes lower

13/11/2025

The Qatar Stock Exchange (QSE) index closed lower on Wednesday, declining by 58.37 points, or 0.52 percent, to reach 11,082.40 points.

During the session, a total of 104,275,078 shares were

The Peninsula

Aramex Q3 profit steady as domestic and regional logistics drive growth

13/11/2025

Aramex reported stable third-quarter earnings, supported by growth in its regional logistics and domestic express operations, even as global trade shifts toward nearshoring continued to weigh on inte

Gulfnews