Operation | Egypt Oil & Gas
ExxonMobil Reports Earnings of $6.5 Bn in Q4 2025
ExxonMobil reported full-year 2025 earnings of $28.8 billion, according to the company’s latest financial results. This figure represents a decline from the $33.7 billion recorded in the previous year. For the fourth ...
bp Expects Flat Q4 Upstream Production Amid Revenue Pressure
bp, the British energy major, forecasts its upstream production in the fourth quarter (Q4) of 2025 to be broadly in line with the previous quarter, with stable output in oil production and operations offset by lower ...
ExxonMobil Joins Energean, HELLENiQ ENERGY in Ionian Sea Block 2 Through New Farm-In Deal
ExxonMobil, Energean, and HELLENiQ ENERGY Upstream have announced a Farm-In Agreement under which ExxonMobil will acquire a participation interest in the Block 2 concession, located in the northwestern Ionian Sea, nea...
bp Confirms Gas Condensate Discovery in Namibia, its 11th Find in 2025
bp confirmed a significant gas condensate discovery at the Volans-1X exploration well in Namibia’s Orange Basin, marking the company’s eleventh exploration success this year. The well, drilled in Petroleum Explo...
Petroleum Sector Leaders Conduct Field Visit to Inspect Sinai Field
Belayim Petroleum Company (Petrobel) Chairman Khaled Mowafy received the EGPC Deputy Chairman for Production Tamer Idris, Deputy CEO for Agreements & Exploration at EGPC Mohamed Mohy, President of IEOC, Francesco ...
Iran Launches First Oil Dock Established by Private Sector
The Iranian Oil sector announced the operational launch of the first oil dock built by the private sector. The oil dock was constructed by Parsa Fidar Paydar Company for two years in Kangan which is located in the sou...
Petrobras Begins Operation of SNOX Unit at Brazil’s RNEST Refinery
Petrobras has commenced the operation of the SNOX unit at the Abreu e Lima refinery (RNEST) in Ipojuca, Brazil, marking the first emissions reduction unit of its kind in both Brazil and the Americas. The SNOX unit is ...
Eni Highlights Plans, Strategies to Increase Production
Minister of Petroleum and Mineral Resources Karim Badawi has met with Martina Opizzi, Head of North Africa and the Levant at Eni and her accompanying delegation, to review the activities and work programs of the Itali...
