National Marine Dredging Group, a leading EPC group based in Abu Dhabi, has recorded solid growth for the first quarter with a 366% increase in its net profit hitting AED303 million ($82.4 million) and a revenue of AED 3.2 billion ($871 million).
UAE: National Marine Dredging Group achieves 366% growth in net profit in Q1 2023 to $82 56mln zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Abu Dhabi National Oil Company (Adnoc) has awarded a pre-construction services contract to UAE-based National Petroleum Construction Company for its key offshore facilities being set up as part of the Hail and Ghasha Gas Development Project.
National Marine Dredging Group (NMDC), a world-leading EPC and marine dredging group with over $15 billion of projects under execution, has grown its net profit by 30% in 2022 to reach AED1.3 billion ($350 million).
UAE-based National Petroleum Construction Company (NPCC) has been awarded a pre-construction services contract by the Abu Dhabi National Oil Company (Adnoc) for its offshore facilities being set up as part of the Hail and Ghasha Gas Development Project.