NMDC Energy bags $763m Aramco offshore deals in Saudi waters
UAE contractor secures three EPC projects at Marjan and Zuluf oilfields worth $763.3m
An Abu Dhabi-based offshore engineering and construction firm has secured three major contracts from Saudi Aramco, valued at a total of $763.3 million (AED 2.8 billion). NMDC Energy announced the awards in a filing to the stock exchange, confirming it will handle engineering, procurement, and construction (EPC) work for the projects.
The contracts are expected to be completed within 18 to 23 months, though the company did not disclose the individual value of each project. According to local reports, the awards correspond to Aramco’s contract release and purchase orders (CRPOs) 167, 169, and 171, which cover work at the Marjan and Zuluf offshore oilfields.
CRPO 167 involves the construction and installation of eight jackets at the Marjan field. Meanwhile, CRPO 169 includes the development of three production deck modules at the same location. The third contract, CRPO 171, focuses on three production deck modules at the Zuluf field.
Scope of work at key oilfields: NMDC Energy
These projects are part of a larger set of five offshore tenders issued by Aramco under its long-term agreement (LTA) framework. The remaining two packages were awarded to Italy’s Saipem. The LTA, originally signed in 2016 and extended for another three years in April 2025, governs offshore facility work in Saudi waters, covering services such as fabrication, transportation, and pre-commissioning.
NMDC Energy has strengthened its presence in Saudi Arabia with a 400,000-square-meter fabrication yard in Ras Al Khair. The facility, which began production last year, has an annual capacity of 40,000 tonnes. The new contracts further solidify the company’s long-standing partnership with Aramco, which includes an option to extend the current LTA for an additional three years.
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