operational results | Egypt Oil & Gas - Part 5
Aramco Achieves Net Income Worth $110B in 2021
Saudi Arabia’s Aramco announced that it has achieved a jump in its net income which more than doubled year-on-year (YoY) by 124% to $110 billion in 2021 compared to $49 billion in 2020, the company declared in a...
SDX’s Production Exceeds Expectations for H1 2021
SDX company has achieved production of 5,931 barrels of oil equivalent per day (boe/d) during H1 2021, 3% higher than the midpoint guidance of 5,770 boe/d, according to a press release. The company elaborated that the...
TransGlobe Produces 10,727 boe/d from Egypt’s Assets in Q2 2021
TransGlobe Energy company announced that it recorded an average production of 10,727 barrels per day (bbl/d) from Egypt’s assets during Q2 2021, a press release reported. The company attributed that to the impro...
ADNOC Distribution Records Net Profit of AED 631 million in Q1
ADNOC Distribution company announced that it’s EBITDA ( Earnings Before Interest, Taxes, Depreciation, and Amortization ) for Q1 2021 is AED 740 million, with net profit of AED 631 million, a press release repor...
Wintershall Dea Produces 659 mmboe/d in Q1 2021
Wintershall Dea announced that it has recorded production of 659 million barrel of oil equivalent per day (mmboe/d) during the Q1 of 2021, which will allow the achievement of the full year guidance of 620-640 mmboe/d,...
Energean Announces 2020 Financial and Operating Results
Energean Oil and Gas plc ,the oil and gas producer focused on the Mediterranean, is pleased to announce its audited full-year results for the year ended 31 December 2020 (“FY 2020”). Despite the challenges...
EDC’s Onshore Market share Increases 80% in 2020
The Egyptian Drilling Company (EDC) has announced that it managed to increase its market share of the onshore drilling market by 80% during 2020 despite the challenges of the pandemic compared to 60% in 2019, a press ...
Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
Wintershall Dea announced that it has achieved its highest level of production since the company’s merge, reaching 650,000 barrels of oil equivalent per day (boe/d) during Q4 2020, while the company’s average ...
