National Marine Dredging Co (NMDC) News - Mubasher Info
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National Marine Dredging Co (NMDC)

Last update: 02:55 PM market time.
26.38
-0.12
-0.46%
Open 26.30
Previous Close 26.36
High 26.68
Low 26.24
Stock Statistics
Volume 1,227,286
Turnover 32,353,781.24
All data are 15 minutes late during market session

News

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13 February 03:34 PM NMDC’s profits to owners leap to AED 2.1bn in 2023
Abu Dhabi – Mubasher: The net profits attributable to the shareholders of National Marine Dredging Company (NMDC) hit AED 2.15 billion in 2023, higher than AED 1.30 billion a year earlier. The revenues from contracts with customers climbed to AED …
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11 January 10:47 AM NMDC unveils AED 186.5m project contract
Abu Dhabi – Mubasher: The National Marine Dredging Company (NMDC) has received a letter award from National Projects and Construction LLC (NPC), according to a bourse statement. The deal covers the first phase of the Tilal Al Reem project, which …
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15 November 2023 11:59 AM UAE’s NMDC joins forces with Saudi Aramco for $520m project
Abu Dhabi – Mubasher: National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (NMDC) was awarded a $520 million project contract from Saudi Arabian Oil Company (Aramco). The agreement aligns with the Saudi …
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22 October 2023 01:28 PM NMDC logs higher profits in 9M-23; revenues cross AED 11bn
Abu Dhabi – Mubasher: National Marine Dredging Company (NMDC) achieved net profits attributable to the owners standing at AED 1.51 billion in the first nine months (9M) of 2023, an annual leap from AED 703.05 million. Revenues from contracts with …
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8 October 2023 09:53 AM NMDC teams up with ADNOC for AED 30bn project
Abu Dhabi – Mubasher: National Petroleum Construction Company (NPCC), a fully-owned subsidiary of National Marine Dredging Company (NMDC), inked a contract with ADNOC for the Hail and Ghasha Offshore Development project. The project scope …
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26 July 2023 03:55 PM NMDC’s profits to owners exceed AED 880m in H1-23
Abu Dhabi – Mubasher: National Marine Dredging Company (NMDC) achieved AED 880.17 million in net profit attributable to the shareholders during the first half (H1) of 2023. The generated net profits were higher year-on-year (YoY) than AED 403.08 …
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4 June 2023 00:32 PM NMDC unveils project deal, investment with ANDOC L&S
Abu Dhabi – Mubasher: National Petroleum Construction Company, a wholly-owned unit of National Marine Dredging Company (NMDC), was awarded a $162.31 million contract by Abu Dhabi National Oil Company (ADNOC). The deal covers the engineering, …
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30 April 2023 04:02 PM NMDC logs AED 303m profits to shareholders in Q1-23
Abu Dhabi – Mubasher: The net profits attributable to the owners of National Marine Dredging Company (NMDC) hiked by 366% to AED 302.93 million in the first quarter (Q1) of 2023, versus AED 65.38 million in Q1-22. The ADX-listed firm generated …
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2 February 2023 02:03 PM NMDC’s profits to owners jump 30% in 2022
Abu Dhabi - Mubasher: National Marine Dredging Company (NMDC) witnessed net profits attributable to shareholders worth AED 1.30 billion in 2022, higher by 30% year-on-year (YoY) than AED 1 billion. Revenues from contracts with customers reached …
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21 December 2022 05:15 PM UAE’s NMDC awarded AED 1bn deal in Egypt
Abu Dhabi - Mubasher: National Marine Dredging Company (NMDC) won a contract worth AED 1 billion to handle the dredging works in the Suez Canal from the kilometer (km) 122 to 132 in Egypt. The project is forecast to be completed during 2023, …
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6 November 2022 09:52 AM NPCC pens pipe deal with Al Gharbia Pipe Company
Abu Dhabi - Mubasher: National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (NMDC), has signed a purchase order agreement with Abu Dhabi-based Al Gharbia Pipe Company (AGPC) on the sidelines of ADIPEC …
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31 October 2022 04:25 PM NMDC logs AED 703m profits attributable to shareholders in 9M-22
Abu Dhabi - Mubasher: National Marine Dredging Company (NMDC) recorded an annual hike in net profit attributable to the equityholders to AED 703.05 million during the first nine months (9M) of 2022, versus AED 501.04 million. Revenues amounted to …
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20 July 2022 09:53 AM NMDC's profits hike in H1-22 unaudited financials
Abu Dhabi - Mubasher: The unaudited consolidated financial results of National Marine Dredging Company (NMDC) reported a surge in its net profits attributable to the shareholders to AED 403.08 million in the first half (H1) of 2022 from AED 231.03 …
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19 July 2022 10:23 AM NMDC's unit, France's Technip Energies to form new joint company
Abu Dhabi - Mubasher: National Petroleum Construction Company (NPCC), wholly owned by National Marine Dredging Company (NMDC), has signed an agreement with France-based Technip Energies to form a new joint venture. The agreement was reached during …
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16 June 2022 00:11 PM NMDC's unit wins $673m projects by Saudi Aramco
Abu Dhabi - Mubasher: National Petroleum Construction Company, a wholly-owned subsidiary of National Marine Dredging Company (NMDC), has been awarded two projects worth $673.22 million by Saudi Arabian Oil Company (Aramco). National Petroleum wins …
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13 June 2022 04:18 PM AD Ports, NMDC ink agreement to establish joint venture
Abu Dhabi - Mubasher: AD Ports Group has reached an agreement with the National Marine Dredging Company (NMDC) to launch a new joint venture, SAFEEN Surveys and Subsea Services. The new company will offer offshore surveys and subsea services, …
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19 April 2022 10:41 AM NMDC's unaudited profits up 38% in Q1-22
Abu Dhabi - Mubasher: The net profits attributable to the shareholders of National Marine Dredging Company (NMDC) jumped by around 38% to AED 65.38 million in the first quarter (Q1) of 2022 from AED 26.54 million in Q1-21, according to the …
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18 April 2022 01:42 PM NPCC-led consortium wins FEED contract for project in Malaysia
Mubasher: PETRONAS Carigali Sdn Bhd, a subsidiary of Malaysia-based PETRONAS, has awarded National Petroleum Construction Company (NPCC) a front-end engineering and design contract for a Carbon Capture and Storage (CCS) project in Malaysia. NPCC, …
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18 April 2022 10:40 AM NMDC's unit awarded AED 363m contract for wind farm in Taiwan
Abu Dhabi - Mubasher: National Petroleum Construction Company (NPCC), wholly owned by National Marine Dredging Company (NMDC), won an AED 363 million contract by Taiwan-based Yunneng Wind Power Co. Under the contract, NPCC will install monopiles …
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17 February 2022 09:42 AM NPCC inks MoU to explore EPC opportunities in Egypt's energy sector
Mubasher: National Petroleum Construction Company (NPCC) has reached a memorandum of understanding (MoU) with Petroleum Marine Services (PMS) to explore engineering, procurement, and construction (EPC) project opportunities in the oil and gas …
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30 January 2022 11:14 AM NMDC's profits surge 8 times in 2021
UAE - Mubasher: The net profits attributable to the shareholders of National Marine Dredging Company (NMDC) hiked by eight times to AED 1.002 billion in 2021, compared to AED 106.748 million in the earlier year, according to the company's …
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13 January 2022 00:33 PM NMDC wins AED 79m project at Egypt's Safaga Port
Mubasher: The National Marine Dredging Co (NMDC) has been awarded the dredging works project at the entrance to the navigation channel and the trench of the quay wall in Safaga Port in Egypt in exchange for around AED 79 million. The project is …
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5 January 2022 00:20 PM ADNOC awards over AED 3bn contract to NMDC’s subsidiary for Umm Shaif
Abu Dhabi – Mubasher: National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (NMDC), won a contract worth AED 3.47 billion from Abu Dhabi National Oil Company (ADNOC). The contract aims to the development …
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4 January 2022 09:44 AM NMDC's unit wins AED 8.2bn contract by Saudi Aramco
Abu Dhabi – Mubasher: The National Petroleum Construction Company (NPCC), a wholly-owned subsidiary of National Marine Dredging Company (NMDC), has been awarded a new AED 8.2 billion contract by Saudi Arabian Oil Company (Aramco). Under …
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29 December 2021 04:45 PM NMDC awarded AED 1.35bn contract for Shamal Development project
UAE - Mubasher: National Marine Dredging Company (NMDC) has won an AED 1.35 billion contract to carry out the marine works of the Shamal Development project in Khalifa Port in Abu Dhabi. Under the contract, the marine works are set to take 660 …