General Assembly | Egypt Oil & Gas

Petromaint’s Net Profits Grow by 165% YoY

Revenues also increased to EGP 5.2 billion, compared to EGP 3.7 billion in 2022, an increase of 41%. Additionally, the company’s net profits rose to EGP 342 million, compared to EGP 129 million, an increase of 165 ...

Wadico Total Activity Revenues Reached EGP 712M in 2023

The New Valley Company for Mineral Resources and Oil Clay (Wadico) has held its general assembly meeting to approve the results of the work for the year 2023.

IDM Annual Revenues Reach $98M in 2023

The International Drilling Material Manufacturing Company (IDM) has held its general assembly meeting to approve the results of the company’s work for the year 2023, with the participation of Minister of Petroleum ...

Tanmia Petroleum Achieves EGP 335M in Total Activities Profits in 2023

Tanmia Petroleum Company has held its general assembly meeting in the presence of Minister of Petroleum and Mineral Resources Tarek El Molla to discuss and approve the business results for the year 2023.

EMC Achieves EGP 8.8B in Revenues in 2023

During the General Assembly, the company’s Chairman, Khaled Ibrahim pointed to the success of EMC in achieving an increase in the volume of revenues and contracts inside and outside Egypt in 2023. This comes as it ...

PetroSafe Revenues Reach EGP 670M in 2023

The Petroleum Safety and Environmental Services Company (PetroSafe) has held a general assembly meeting to approve the results of its work for the year 2023 in the presence of the Egyptian General Petroleum Corpor ...

Town Gas Achieves EGP 4B in Revenues

The company achieved total revenues amounting to approximately EGP 4 billion and a net profit exceeding EGP 112 million, an increase of 57% over the previous year, in a first for the company.

Nile Petroleum Company to Add Seven New Natural Gas Stations

The Chairman of Nile Petroleum Company Ahmed Eid has stated that the company has 75 natural gas stations in addition to another 12 that are under construction throughout different areas in upper Egypt. 

El Molla Praises the Outstanding Performance of EPROM in Operating Petroleum Projects

Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assembly meeting of the Egyptian Projects Operation and Maintenance Company (EPROM) to approve the results of the company’s work f ...

Agiba Petroleum to Pump Investments Worth $500M During FY 2024/25

The Chairman of Agiba Petroleum Company Tharwat Gindy has stated that the company plans to pump $500 million during the fiscal year (FY) 2024/25 targeting daily production rates of 30,000 barrels of oil and 119 mi ...

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