NMDC Energy Launches Advanced Fabrication Yard in Saudi Arabia to Boost Regional Growth
NMDC Energy PJSC (ADX: NMDCENR), a leading provider of engineering, procurement, and construction services for offshore and onshore energy clients, has inaugurated a state-of-the-art fabrication yard in Ras Al Khair, Saudi Arabia. This marks a significant milestone in the company’s strategic regional and global expansion. Spanning 400,000 square meters, the yard incorporates advanced automation and digitalization features, with a production capacity of 40,000 tonnes annually.
The inauguration ceremony, held during the iktva Forum & Exhibition 2025 at Dhahran Expo from 13 to 16 January, was attended by His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province.
The new facility, located within the Ras Al Khair Special Economic Zone, will focus on offshore facilities fabrication and onshore modularization. As part of a broader maritime and offshore cluster, the yard is designed to support industry growth with productive, safe, and environmentally conscious operations. NMDC Energy has invested AED 200 million in the yard to enhance efficiency and reduce environmental impact using cutting-edge technologies.
Over the past five years, NMDC Energy has reinvested SAR 5 billion into Saudi Arabia’s economy and industry, aligning with the Kingdom’s economic priorities. This project represents a cornerstone of NMDC Energy’s commitment to fostering sustainable growth and innovation in the region.
Key Remarks from Leadership
H.E. Mohamed Hamad Almehairi, Chairman of NMDC Energy, stated: “The inauguration of the Ras Al Khair yard represents a bold and exciting new chapter for energy cooperation between the UAE and Saudi Arabia. This facility will drive economic development, enable businesses, and advance solutions across the energy value chain. We foresee significant opportunities for collaboration, ensuring both nations remain leaders in the regional energy transition.”
Eng. Yasser Zaghloul, CEO of NMDC Group, added: “The Ras Al Khair fabrication yard is a testament to NMDC Energy’s dedication to supporting Saudi Arabia’s infrastructure ambitions. This milestone reinforces our shared vision of excellence and strengthens our role as a trusted partner in the region’s energy transformation.”
Eng. Ahmed Al Dhaheri, CEO of NMDC Energy, commented: “Saudi Vision 2030 aims for a strong, thriving, and stable Saudi Arabia. NMDC Energy is proud to contribute by creating opportunities for prosperity, supporting national economic diversification, and fostering skilled employment. This project highlights our commitment to advancing regional priorities and unlocking the potential of the skilled labor force.”
Driving Economic Collaboration
The Ras Al Khair fabrication yard signals a new phase of UAE-KSA economic cooperation. The facility is set to become a hub for growth, investment, trade, and employment, driving development within the Ras Al Khair region and beyond. By providing advanced solutions and creating value for industries and communities, NMDC Energy underscores its role as a key player in the regional energy sector.
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