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.
Financial Results | Egypt Oil & Gas
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 ...
Aramco Cuts Output Amid Strait of Hormuz Crisis
Saudi Arabia’s Aramco has begun reducing production at two of its oilfields, sources said Monday, as disruptions in the Strait of Hormuz escalate due to the US -Israeli conflict with Iran. The company did not spec ...
Saipem Delivers €15.5 Bn Revenue, Sets 2026 Guidance
Italy’s engineering and construction group Saipem reported growing financial results in 2025, with full-year revenue rising 6.5% year-on-year (YoY) to €15.497 billion. Adjusted earnings before interest, taxes, dep ...
bp Reports $3.4 Bn Loss in Q4 2025 and Suspends Share Buybacks
The British energy company, bp, reported a loss for the fourth quarter (Q4) 2025 worth $3.4 billion, a significant decline from the $1.2 billion profit recorded in the third quarter. Following these results, the b ...
