Fiscal Year Results | Egypt Oil & Gas

Bapetco Drills 15 Wells in H1 of FY2025/26, Plans Two More in May

Badr El-Din Petroleum Company (Bapetco) drilled 15 new wells using nine rigs in the first half (H1) of Fiscal Year (FY) 2025/2026. This resulted in production of an average of 49,000 barrels of oil equivalent per ...

Cargas Reports 61% Surge in Natural Gas Vehicle Conversions for 2025

The Natural Gas Vehicles Company (Cargas) converted 30,000 vehicles to run on Compressed Natural Gas (CNG) during 2025, marking a 61% increase compared to the previous year, according to Chairman and Managing Dire ...

EPSCO Labor-Supply Business Grows 24% in 2025

The Egyptian Petroleum Services Company (EPSCO) recorded a 24 % increase in revenue from its labor-supply business line to reach EGP 8.2 billion in 2025, according to Chairman Ahmed Shehata.

EPSCO is a prom ...

Sidpec Records 1.77% Sales Growth in 2025

Sidi Kerir Petrochemicals Company (Sidpec) reported total sales of EGP14.4 billion and a net profit of EGP1.138 billion for the fiscal year (FY) 2025, according to Chairman Mohamed Zakaria El Afandy, who noted tha ...

AMOC Reports Sales of EGP 20 Bn in H2 2025

Alexandria Mineral Oils Company (AMOC) reported total sales of 808,000 tons, valued at nearly EGP 20 billion in the second half (H2) of 2025, marking a 14.5% growth rate, Chairman Magdy El-Kordy said during the co ...

PETROJET’s New Contracts Rise to EGP 121 Bn in FY 2025

The Petroleum Projects and Technical Consultations Company (PETROJET) secured local and international contracts with a total value of EGP121 in Egypt and international markets in 2025, compared to  EGP 112 billion ...

ENPPI Secures $1.34 Bn in FY2025 Contracts

The Engineering for the Petroleum and Process Industries Company (ENPPI) signed contracts worth $1.34 billion in 2025, with nearly 97% of these deals coming from overseas projects, said Chairman Khaled Ibrahim dur ...

ETHYDCO Boosts Domestic Sales, Expands Exports to 35 Countries in 2024

The Egyptian Ethylene and Derivatives Company (ETHYDCO) has fully met its production target for 2024, leading to a rise in domestic sales as well as increasing its export destinations to 35 international markets, ...

NORPETCO Drills 13 New Wells, Adds 1.5Mn Barrels in Reserves in FY 2024/2025

North Bahariya Petroleum Company (NORPETCO) has commenced crude oil production from the Ferdous-23 well, drilled 13 new wells exceeding its annual target, and added 1.5 million barrels of proven reserves. The stat ...

Tharwa Petroleum Expands Proven Reserves by 3.5 mmbbls in 2024

Tharwa Petroleum Company has recorded a rise in proven reserves amounting to 3.5 million barrels (mmbbl) in the West Kalabsha area, located in Egypt’s southern desert, opening new horizons for development operatio ...

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