NMDC Energy Extends Strategic Long-Term Agreement with Aramco, Strengthening Its Presence in Saudi Arabia

Abu Dhabi-based NMDC Energy PJSC, a key subsidiary of NMDC Group PJSC, has officially extended its Long-Term Agreement (LTA) with Saudi oil giant Aramco, marking another significant step in NMDC Energy’s strategic expansion within the Kingdom of Saudi Arabia.

This renewed agreement continues to cement NMDC Energy’s role as a vital partner in Aramco’s offshore developments. Under the terms of the LTA, NMDC Energy will continue delivering end-to-end offshore services, including detailed engineering, material sourcing, fabrication, transportation, installation, and pre-commissioning of offshore facilities—specifically for projects located within Saudi Arabia's territorial waters.

NMDC Energy originally entered into a long-term collaboration with Aramco in 2016. That partnership opened the door to a series of major offshore projects, allowing the company to establish a firm footprint in the Kingdom. Building on this momentum, NMDC Energy launched a cutting-edge fabrication yard in early 2025 at Ras Al Khair. This state-of-the-art facility significantly enhances the company’s in-country capabilities and aligns with the growing demands of Saudi Arabia’s dynamic energy landscape.

Commenting on the extension, Eng. Ahmed Al Dhaheri, CEO of NMDC Energy, said:

“Aramco stands at the forefront of the global energy industry, and we are proud to be a trusted strategic partner. Our extended agreement with Aramco is more than just a contract—it’s a testament to mutual trust and our shared vision for energy transformation, growth, and sustainability. Through this partnership, we aim to contribute meaningfully to Saudi Arabia’s long-term economic goals while supporting global energy needs.”

He also emphasized the company’s commitment to deeper collaboration within the Kingdom:

“We’re eager to work alongside our Saudi counterparts in key areas like local procurement and talent development. A core part of our vision is to support the employment of Saudi nationals, ensuring our projects create long-lasting value and positive socioeconomic impact within the Kingdom.”

The extension of the LTA not only enhances NMDC Energy’s operational scope in the region but also reflects the company’s broader mission of supporting sustainable energy infrastructure while aligning with Saudi Arabia’s Vision 2030 goals.