Financial Results | Egypt Oil & Gas

Capricorn Announces WI Production in Egypt Averaged 35,500 boe/d in H1 2022 

Capricorn announced that its working interest (WI) production from Egypt averaged~35,500 barrels of oil equivalent per day (boe/d) in H1 2022.

Qalaa Holdings Achieves Revenue Growth of 134% YoY in Q1 2022

Qalaa Holdings company announced that it has achieved an annual growth in its revenues of 134% after reaching EGP 18.7 billion in Q1 2022 and recurring EBITDA of EGP 3.9 billion compared to EGP 90.5 million in Q1 ...

Petromaint’s Profits Reach EGP 126.6M in Q1 2022

Alexandria Petroleum Maintenance Company (Petromaint) announced that it has achieved total profits from its operations reaching EGP 126.6 million during Q1 2022, compared to EGP 77.81 million during the same perio ...

SDX’s Production Exceeds Expectations for H1 2021

SDX company has achieved production of 5,931 barrels of oil equivalent per day (boe/d) during H1 2021,
3% higher than the midpoint guidance of 5,770 boe/d.

Aramco Maintains $18.75 B Dividends for Q3

Saudi Aramco, the world’s largest oil-producing company, has released its financial results for Q3 2020 with the company pledging to maintain its dividend payment of $18.75 billion.

Eni Brings Forward 2020 Dividend Meeting 

Eni has announced changes to the pre-existing financial calendar published on 30 January 2020.

APICORP to Increase Callable Capital to $8.5 B

Development bank Arab Petroleum Investments Corporation (APICORP) has announced the ratification for an increase in callable capital from $1 billion to $8.5 billion.

TAQA’s Net Profits Dip 54% in 9 Months

Abu Dhabi National Energy Company (TAQA) announced that the consolidated net profit for the nine-month period ended September 30, 2019, was negatively impacted by unfavorable mark-to-market movements generated by ...

Saudi Aramco Registers $68 B Net Income in 9 Months

Saudi Aramco posted a net income of $68 billion during the nine-month period ending on September 30.

ADNOC’s Net Profit Goes up 2.3% in 9 Months

ADNOC Distribution, the UAE’s largest fuel and convenience retailer, reported an increase of 2.3% year-on-year (YoY) in net profit during the first nine months of 2019, to stand at AED 1.72 billion.

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