Performance | Egypt Oil & Gas

Performance | Egypt Oil & Gas

PetroSilah Reports 8.5 Mn Safe Working Hours in 2025/26

Mohamed Awad, PetroSilah Petroleum Company Chairman and Managing Director, reviewed the company’s performance highlights during the past fiscal year (FY) 2025/26, including achieving 8.5 million safe working hours ...

Dana Gas’ Egypt Production Grows 7% YoY in H1 2026

Dana Gas’ Egypt oil production rose to 13,300 barrels of oil equivalent per day (boe/d) in the first half (H1) of 2026 marking a 7% year-on-year (YoY) hike compared to its level a year earlier. Also, its latest dr ...

bp Q2 Profit Surges 144%, Highlights Off-Shore Egypt Gas Discoveries

British Petroleum (bp) reported an underlying replacement cost (RC) profit of $5.73 billion for the second quarter (Q2) of 2026, up 144% year-on-year (YoY) , according to a press release by bp.

Shell Posts $6.9 Bn Adjusted Earnings in Q1 2026

Shell reported $6.9 billion in adjusted earnings for the first quarter (Q1) of 2026, a significant increase from $3.3 billion in the previous quarter, according to a statement by the company. This metric reflects ...

Equinor Records 9% Production Surge, Renewables Output Jumps 29% in Q1

Norway Equinor posted record results in the first quarter (Q1) of 2026 with adjusted operating income of $9.77 billion, up from $8.65 billion in Q1 2025.  This comes as Equinor delivered record-high production in ...

Egypt Gas Records 20% Surge in 2025 Revenues

Egypt Gas recorded a net profit after tax of  EGP 321.8 million in 2025, marking  11% increase from 2024. This came on the back of a 20 % increase in the company's revenues during the same period to stand at EGP 9 ...

Halliburton Doubles Net Income to $461 Mn inQ1 2026

Oilfield services giant Halliburton recorded a net income of $461 million, or $0.55 per diluted share, for the first quarter (Q1) of 2026, more than doubling the $204 million reported in Q1 2025, the company annou ...

TotalEnergies Expects Q1 Earning Rise in 2026

TotalEnergies, the integrated multi-energy company, anticipated a sharp rise in first‑quarter (Q1) of 2026 earnings, driven by strong trading results, higher upstream output, and increased oil sales amid elevated ...

Valmore Holding Revenues Grow 24% YoY in 2025

Valmore Holding, previously known as Egypt Kuwait Holding, reported its financial results for the fiscal year (FY) 2025, with revenues rising 24% year-on-year (YoY) to $685 million. Consolidated earnings before in ...

PhPC Average Production Reach 76,000 boe/d during H1 2025/26

Pharaonic Petroleum Company (PhPC) achieved production of 76,000 barrels of oil equivalent (boe/d) during the first half (H1) of fiscal year (FY) 2025/26. PhPC Chairman Hossam Zaki revealed that this output compri ...

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