Financial Results | Egypt Oil & Gas - Part 4

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 ...

Aramco’s Cash Flow from Operating Activities Reached $39.6B in Q1 2023

Aramco announced a net income of $31.9 billion in Q1 2023 and a strong cash flow from operating activities of $39.6 billion as well as a free cash flow of $30.9 billion.

El Molla Approves Gastec 2022 Financial Results

During the announcement of Gastec's financial results for the year 2022, Tarek El Molla, Minister of Petroleum and Mineral Resources, stressed the importance of natural gas activities and the added value it achiev ...

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.

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