Latest news with #NMDCEnergy
Mid East Info
21-05-2025
- Business
- Mid East Info
NMDC Energy and Hilong announce an MoU to explore collaboration in UAE & KSA - Middle East Business News and Information
Both parties intend to explore possibilities for Joint Ventures for coating and materials works in both the UAE & KSA. MoU was signed and announced at Make it in the Emirates (MIITE), taking place between 19 to 22 May 2025 in Abu Dhabi. Abu Dhabi, UAE:May 2025 – NMDC Energy PJSC (ADX: NMDCENR), a provider of engineering, procurement and construction services for offshore and onshore energy clients, has announced the signing of a Memorandum of Understanding (MoU) to explore collaboration with Shanghai Hilong Shine New Materials Co. LTD (Hilong), at the Make it in Emirates forum in Abu Dhabi. Headquartered in Shanghai, China, Hilong is a leading company committed to research and development as well as manufacturing related to high-end coating and new materials for industrial heavy-duty anti corrosion. Specifically, this involves: Oil Country Tubular Goods coating and materials, pipeline coating and materials, Concrete Weight Coating, and internal pipeline inspection. Both entities will explore the possibility of establishing Joint Venture agreements to conduct operations together in the UAE and the Kingdom of Saudia Arabia. Eng. Ahmed Al Dhaheri, CEO of NMDC Energy, commented: 'The UAE's environment requires robust protection strategies for metals and materials – and this is especially the case for assets operating in the energy sector. We believe this partnership will lay the foundation for both NMDC Energy and Hilong to deliver crucial, high-impact services necessary for operational readiness in the energy sector. More broadly, this collaboration highlights the strong competitiveness and dynamism of the UAE and wider region's industrial and energy sectors which are a magnet for international players who seek to do business here.' At MIITE, NMDC Group & NMDC Energy are showing how their work serves as a catalyst in propelling the development of Abu Dhabi and how the businesses within the Group bolsters the UAE's efforts to further shape its modern landscape and stimulate the local economy. The Group is announcing several strategic partnerships, and will also provide updates on its projects, particularly its work internationally where the Group has an active pipeline of activities in Saudi Arabia, Oman, Taiwan, and Vietnam, alongside its work in the UAE.
Mid East Info
21-05-2025
- Business
- Mid East Info
NMDC Energy and Al Gharbia join forces to accelerate pipeline manufacturing in the UAE - Middle East Business News and Information
Both entities will expand their cooperation in metallic pipe manufacturing to meet local and regional demand. MoU announced at Make it in the Emirates (MIITE) which is taking place between 19 to 22 May 2025 in Abu Dhabi. Partnership between two Abu Dhabi based players highlights the increasing level of synergy emerging across industry and energy landscape in the UAE. Abu Dhabi, UAE:May 2025 – NMDC Energy PJSC (ADX: NMDCENR), a provider of engineering, procurement and construction services for offshore and onshore energy clients, has signed a strategic Memorandum of Understanding (MoU) with Al Gharbia, the Abu Dhabi based advanced pipeline manufacturer, to explore ways to accelerate pipe production in the UAE to meet local and regional demand. Al Gharbia is one of the most technologically advanced Longitudinally Submerged Arc Welded (LSAW) Pipe manufacturers in the world and one of the first large scale manufacturers to embrace industry 4.0. More broadly, the partnership forms part of the MIITE mandate to drive industrial growth in the UAE, and it serves as another credible example of the increasing level of synergy between key local players in the UAE's industrial and energy landscape. Eng. Ahmed Al Dhaheri, CEO of NMDC Energy, said: 'As a diverse company operating in future-focused sectors, NMDC Energy always looks to uncover synergies that we know will bring about impactful solutions to address the evolving demands of these industries. As such, we're proud to build on our relationship with Al Gharbia in ways that will advance pipe manufacturing in Abu Dhabi to not only serve the UAE but also the entire region. This collaboration highlights the depth and sophistication of UAE home-grown businesses, specifically how our combined expertise is locally significant yet globally relevant.' At MIITE, NMDC Group & NMDC Energy are showing how their work serves as a catalyst in propelling the development of Abu Dhabi and how the businesses within the Group bolsters the UAE's efforts to further shape its modern landscape and stimulate the local economy. The Group is announcing several strategic partnerships, and will also provide updates on its projects, particularly its work internationally where the Group has an active pipeline of activities in Saudi Arabia, Oman, Taiwan, and Vietnam, alongside its work in the UAE.
Al Etihad
21-05-2025
- Business
- Al Etihad
NMDC Energy, Al Gharbia join forces to accelerate pipeline manufacturing in UAE
21 May 2025 23:24 ABU DHABI (ALETIHAD)NMDC Energy PJSC, a provider of engineering, procurement and construction services for offshore and onshore energy clients, has signed a strategic Memorandum of Understanding (MoU) with Al Gharbia, the Abu Dhabi based advanced pipeline manufacturer, to explore ways to accelerate pipe production in the UAE to meet local and regional Gharbia is one of the most technologically advanced Longitudinally Submerged Arc Welded (LSAW) Pipe manufacturers in the world, and one of the first large scale manufacturers to embrace industry broadly, the partnership forms part of the MIITE mandate to drive industrial growth in the UAE, and it serves as another credible example of the increasing level of synergy between key local players in the UAE's industrial and energy Al Dhaheri, CEO of NMDC Energy, said, "As a diverse company operating in future-focused sectors, NMDC Energy always looks to uncover synergies that we know will bring about impactful solutions to address the evolving demands of these industries. As such, we're proud to build on our relationship with Al Gharbia in ways that will advance pipe manufacturing in Abu Dhabi to not only serve the UAE but also the entire region. This collaboration highlights the depth and sophistication of UAE home-grown businesses, specifically how our combined expertise is locally significant yet globally relevant."At MIITE, NMDC Group & NMDC Energy are showing how their work serves as a catalyst in propelling the development of Abu Dhabi, and how the businesses within the Group bolster the UAE's efforts to further shape its modern landscape and stimulate the local economy. The Group is announcing several strategic partnerships, and will also provide updates on its projects, particularly its work internationally where the Group has an active pipeline of activities in Saudi Arabia, Oman, and Vietnam, alongside its work in the UAE. Source: Aletihad - Abu Dhabi
Zawya
20-05-2025
- Business
- Zawya
NMDC Energy awarded ICV Excellence Award at MIITE
Award presented at Make it in the Emirates (MIITE) which is taking place between 19 to 22 May 2025 in Abu Dhabi. Abu Dhabi, UAE – NMDC Energy, a provider of engineering, procurement and construction services for offshore and onshore energy clients, has received The ICV Excellence Award in the category of Semi-Governmental Manufacturers at the Make it in Emirates forum in Abu Dhabi. The ICV Excellence Award recognizes manufacturers that have obtained the In Country Value certification and it celebrates their efforts to support the growth and development of local industries, businesses, communities, and talent in the UAE. To qualify for the award, companies will have had to have demonstrated commitment to the ICV program by supporting the local economy and creating jobs in the country. They will have had to undertake effective efforts to develop the local workforce and contributed to the growth of the local economy. Eng. Ahmed Al Dhaheri, CEO of NMDC Energy, commented: 'NMDC Energy is a champion of local industry and one of our defining strengths is that our work brings deep strategic value to the entire UAE economy. We're proud to be recognized, with the award win reflecting the true spirit of our efforts to maximize value from our resources and assets and to empower local business. More precisely, we believe it's critical to engage with international partners that also share in this ethos, where they have a strong willingness to contribute expertise, capital, and technologies that bring far reaching benefits to our local industry and to the broader economy.' At MIITE, NMDC Group & NMDC Energy are showing how their work serves as a catalyst in propelling the development of Abu Dhabi and how the businesses within the Group bolster the UAE's efforts to further shape its modern landscape and stimulate the local economy. The Group is announcing several strategic partnerships, and will also provide updates on its projects, particularly its work internationally where the Group has an active pipeline of activities in Saudi Arabia, Oman, Taiwan, and Vietnam, alongside its work in the UAE. Furthermore, NMDC Energy reinjecting around AED 17 billion back into the economy by enhancing opportunities for UAE- based small and medium businesses.
Khaleej Times
20-05-2025
- Business
- Khaleej Times
Adnoc awards contracts worth Dh65.7 billion in 2025 first half; 400 UAE companies benefit
Nearly 400 local suppliers, contractors and service providers have received contract awards from Adnoc valued at Dh65.7 billion in the first half of 2025 as the company deploys its purchasing power to boost socioeconomic growth, empower businesses and generate long-term value for the nation. The contracts span critical sectors such as drilling, logistics, operational support services, and engineering, procurement and construction (EPC). Adnoc is prioritising local businesses in its procurement to stimulate private-sector growth and strengthen the resilience of national supply chains through its In-Country Value (ICV) programme. Dr Saleh Al Hashmi, Adnoc Director, Commercial & In-Country Value Directorate, said, 'Our contract awards create a ripple effect across the economy, helping us to drive productivity, competitiveness and highly-skilled private sector jobs for local talent. We encourage all our partners and stakeholders to collaborate with us and contribute to the UAE's industrial growth journey.' Among the key beneficiaries of the awards include NMDC Energy, Target Engineering, Al Dhafra Co-operative Society, Arab Development Establishment, Excel Astra Engineering, Robt. Stone, GISCO, and Euro Mechanical & Electrical Contracting. The contract awards reflect Adnoc's commitment to engaging capable national suppliers that can deliver value across its business. Over the next five years, Adnoc plans to channel an additional Dh200 billion ($54.5 billion) into the UAE economy through its ICV programme. The company is also aiming to locally manufacture Dh90 billion ($24.5 billion) worth of products in its procurement pipeline by 2030. To broaden access to its commercial opportunities, Adnoc recently launched the Make it with Adnoc mobile app which provides visibility into the company's purchasing needs. The app enables suppliers, SMEs and entrepreneurs to gain a clear pathway to capitalise on its long-term commercial opportunities. Launched in 2018, Adnoc's ICV programme continues to drive economic and industrial growth for the UAE and create private-sector jobs for Emiratis, with over 17,000 jobs created to date. From established suppliers to emerging entrepreneurs, Adnoc invites all local businesses to capitalise on its procurement pipeline and contribute to the nation's long term prosperity.
