Financial Results | Egypt Oil & Gas

Financial Results | Egypt Oil & Gas

Sinopec Reports 19.3% H1 Profit Increase Despite Lower Refining Volumes

Sinopec, China’s state-owned oil and gas giant, is expanding its energy operations amid shifting domestic demand and global market uncertainty.

Valmore’s top five subsidiaries boost H1 2026 net profit 37%

Valmore Holding, a leading diversified investment holding company, reported a 13% year-on-year (YoY) increase in its first-half (H1) 2026 revenue to $392 million. This increase was backed by strong second-quarter ...

Harbour Energy’s Revenues Jump 20% in H1 of 2026

Harbour Energy, an independent energy company, generated $6.4 billion in revenue during the six-month period ending June 30, 2026, representing a 20% increase compared to the same period of 2025. 

Harbour E ...

AMOC Doubles FY 2025/26 Profit as Revenue Expands 35%

AMOC posted 35% year-on-year increase in consolidated revenue to EGP 26.2 billion and a 109% rise in net profit to EGP 1.90 billion for FY 2025/26, according to its unaudited financial results.

Abu Qir Fertilizers Posts 119% Profit Surge on Revenue, Export Gains

Abu Qir Fertilizers and Chemical Industries reported a 119% year-on-year (YoY) surge in net profit after tax to EGP 10.01 billion for the first half (H1) of fiscal year (FY) 2025/26, according to its unaudited fin ...

MOPCO Q1 2026 Net Profit Surges 88%

Misr Fertilizers Production Company (MOPCO), Egypt’s largest nitrogen fertilizer producer, recorded an 88% year-on-year (YoY) surge in consolidated net profit after tax for the first quarter (Q1) of 2026, reaching ...

Vaalco Energy Expands Egypt Drilling in Q2 2026

Vaalco Energy, the US-based operator, said it will begin a six‑well drilling program in Egypt in the second quarter of 2026. The campaign was not included in the original budget and will proceed without increasing ...

Baker Hughes Posts $6.6 Bn Revenue in 1Q 2026

Baker Hughes reported a solid first quarter (Q1) of 2026, with revenue reaching $6.6 billion, up 2% compared to the same period in the previous year, supported by strong demand in its Industrial and Energy Technol ...

Eni Reports 9% Production Surge Q1 2026

Global energy major Eni reported oil and gas production growth by 9% in the first quarter (Q1) of 2026, supported by project ramp-ups in West Africa and Norway, alongside new start-ups in Angola. The increase came ...

EMC Doubles Operating Profits to EGP 1.57 Billion in 2025

The Egyptian Maintenance Company (EMC) reported exceptional operational and financial results in 2025, with revenues rising by 31% to EGP 16.7 billion, while new contracts increased by 27% to EGP 19.6 billion, acc ...

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