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 a $460.22 million contract for the Jafurah development program project and a $213 million contract for the MNIF Fourteen (14) Jackets project, according to a bourse filing on Thursday.
It is noteworthy to mention that in the first quarter (Q1) of 2022, the net profits attributable to the shareholders of NMDC jumped by around 38% to AED 65.38 million from AED 26.54 million in Q1-21.
