Financial Results | Egypt Oil & Gas - Part 3

Aramco’s net profit fell by 4.6 % in Q1 2025

Saudi oil giant Aramco reported a 4.6 % decline in its net profits during the first quarter (Q1) of 2025 to reach $26 billion. The retreat in profits came on the back of increased capital expenditures, which incre ...

ADNOC Gas’ Net Income Grows 7% YoY in Q1 2025

ADNOC Gas plc, one of the affiliated companies of the Abu Dhabi National Oil Company (ADNOC) and a world-class integrated gas processing and sales company, announced that it achieved increase in its net income by ...

ExxonMobil posts a 7% drop in profits, a cash flow of $13 billion in Q1 2025

ExxonMobil Corporation announced its financial results for the Q1 2025 in which it achieved earnings amounts to $7.7 billion compared to $7.6 billion in Q4 2024 and $8.2 billion in Q1 2024.

Equinor Reports Strong Performance during Q1 2025

Equinor reported strong financial and operational performance during the first quarter (Q1) of 2025. According to the results, Equinor delivered adjusted operating income of $8.65 billion and $2.25 billion after t ...

bp’s Underlying RC Profits Reach $1.4B in Q1 2025

bp announced its financial results for the first quarter (Q1) of 2025, reporting underlying replacement cost (RC) profits of $104 billion compared to $1.2 billion for the previous quarter and $2.7 billion during t ...

SLB’s Revenues Records $8.5 B in Q1 2025

SLB announced the financial results of Q1 2025, showing that its revenues recorded $8.49 billion compared to $8.7 billion during the same period in 2024, the company said in a statement.

Baker Hughes Revenues Amount to $6.4 B in Q1 2025

Baker Hughes announced its financial results for the Q1 2025 noting that it has achieved revenues worth $6.427 billion compared to $4.18 year-on-year (YoY).

Dana Gas Eyes Egypt Growth, Seeks Payment Release

Dana Gas released its financial results for nine months ending 30 September 2024, reporting a decline in net profit of AED 410 million ($112 m), compared to AED 462 million ($126m) in 9M 2023, due to lower realize ...

Wintershall Dea’s Average Production Increases to 323,000 boe/d in 2023

Wintershall Dea has announced that its average daily production has increased 1% to 323,000 barrels of oil equivalent (boe/d) during the fiscal year (FY) 2023.  

ERC’s Margins Push Qalaa Holdings’ Revenue Up to EGP 97.7 billion in FY 2022

Qalaa Holdings Company has announced that it has achieved remarkable growth in its revenues reached to EGP 97.7 billion in the fiscal year (FY) 2022 compared to EGP 4.1 billion in FY 2021 increasing by 113% driven ...

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