NMDC Energy launches AED 200M fabrication yard in Saudi Arabia

Logo of NMDC Energy

Abu Dhabi-listed NMDC Energy inaugurated a state-of-the-art fabrication yard in the Ras Al Khair Special Economic Zone, Saudi Arabia.

In a statement, the company said the AED 200 million investment represents a key milestone in its strategic efforts to strengthen its regional and global presence.

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The modern fabrication facility, spanning 400,000 square meters, is designed to provide a comprehensive range of fabrication services.

This includes the construction of offshore facilities and structures, as well as the design and assembly of modular (prefabricated) units onshore, with an annual production capacity of 40,000 tons.

In line with NMDC Energy’s dedication to sustainable operations, the facility will feature safe and environmentally friendly production processes, integrating cutting-edge technologies to enhance efficiency and minimize environmental impact.

This underscores the company’s focus on operational excellence and its commitment to environmental responsibility.

This significant project highlights NMDC Energy’s steadfast commitment to innovation and its role as a key enabler of growth in the maritime and offshore industries, both regionally and internationally.

Mohamed Almehairi, Chairman of NMDC Energy, said: “We foresee vast opportunities to collaborate and to pursue projects in areas that will maximize the value of the resources in both our nations as well as ensure that the UAE and KSA remain leaders in the regional energy transition.”

NMDC Energy reinjected SAR 5 billion in the Saudi economy over the past five years, reflecting its commitment to enhancing the Kingdom's economic landscape.