NMDC Energy - Middle East News 247
December 13, 2024
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NMDC Energy

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NMDC Energy brings latest AI innovations and business capabilities into focus at 40th ADIPEC edition

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NMDC Energy PJSC (ADX: NMDCENR), a provider of engineering, procurement and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC (ADX: NMDC), is showcasing its landmark achievements, innovative technology and capabilities at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) which is now
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NMDC Energy begins trading on ADX

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NMDC Energy PJSC (ADX: NMDCENR), a provider of engineering, procurement and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC (ADX: NMDC), today began trading on the Abu Dhabi Securities Exchange (ADX) following an Initial Public Offering (IPO) that was oversubscribed by 31.3 times. H.E. Mohamed Hamad Ghanem
NMDC
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NMDC Group’s IPO of NMDC Energy closes 31.3 times oversubscribed, generating total gross demand of AED 88 billion

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NMDC Group, a leader in engineering, procurement, construction, and marine dredging, today announces the successful closing of the Initial Public Offering (“IPO” or “Offering”) of NMDC Energy, which was oversubscribed by 31.3 excluding cornerstone. The offering attracted exceptional investor interest, generating total gross demand of AED 88 billion. The offering of 1.15

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