General Assembly | Egypt Oil & Gas - Part 17
Abu Qir Fertilizers Achieves Profits of EGP 9B in FY 2021/22
Abed Ezz El Regal, the Chairman of Abu Qir Fertilizers Company (AFC), declared that his company has achieved growth in its profits worth 158% reaching EGP 9 billion during fiscal year (FY) 2021/22, compared to EGP 3.5...
GPC’s Production Reaches 68,300 boe/d in 2021/22
While chairing the general assembly of the General Petroleum Company (GPC), Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that GPC holds an advanced position when it comes to the production of o...
Petroleum Sector Acquires Toyota’s EDC Shares
The Egyptian Drilling Company (EDC) disclosed, during its general assembly meeting, that the petroleum sector has acquired 50% of the company which was owned by the Japanese Toyota company. By the acquisition, Egypt h...
Petromaint Profits in 2021 Reach EGP 465 million
Alexandria Petroleum Maintenance Company (Petromaint) held general assembly to review the company’s performance for 2021. During the meeting, Petromaint’s Chairman Ahmed Fouad reviewed the company’s ...
Enppi’s Net Profits Increased by 22% in 2021
Engineering for Petroleum & Process Industries Company (Enppi) Chairman Mohamed Abdel Aziz announced that in 2021 the company achieved an increase in its net profit by 22%, compared to last year. This came during ...
Misr Phosphate Company’s 2021 Production Reaches 2.7M Tons, Increases by 12.5%
During its general assembly to review the results of financial year 2021, Misr Phosphate Company announced that production in 2021 reached about 2.7 million tons, an increase of 12.5% compared to 2020. Misr Phosphat...
MOPCO Revenues Increase by 40% in 2021
Misr Fertilizer Production Company (MOPCO) announced that it has achieved total revenues of around EGP 10.3 billion in 2021, an increase of 40% over the previous year. This came during a general assembly to review the...
Petrojet’s Revenues Reach EGP 34.2B in 2021
Minister of Petroleum and Mineral Resources Tarek El Molla highlighted the ministry’s interest in localizing the national industry for the local component in petroleum projects, explaining that Petrojet’s distin...
