NMDC Energy has started fabrication at its advanced yard in Ras Al-Khair, Saudi Arabia.

Located within the Ras Al-Khair Special Economic Zone, the 400,000 sq m facilty will serve offshore and onshore projects, with an annual production capacity of 40,000 tonnes.

The yard is central to NMDC Energy’s localisation roadmap, with the company being on track to increasing its In-Kingdom Total Value Add (iktva) score to 51 per cent by 2028.