Results | Egypt Oil & Gas
Saipem Posts 19% YoY Higher H1 Revenues in 2026
Italian energy services group Saipem reported first-half (H1) 2026 revenues of €7.35 billion, up 1.9% from a year earlier, as strong order intake offset extra costs tied to Middle East disruptions. Adjusted earnings b...
SLB Q2 Revenue Rises 5% YoY on ChampionX Deal
SLB reported second-quarter (Q2) 2026 revenues of $8.97 billion, up 5% year-on-year (YoY) from Q2 2025, driven largely by the ChampionX acquisition, which contributed $865 million of revenue to Production Systems. How...
Equinor Net Operating Income Grows 127% in Q2 2026 YoY
Norwegian Equinor Energy Company posted an adjusted operating income of $11.48 billion for the second quarter (Q2) of 2026, compared to $6.53 billion in Q2 2025. Net operating income came in 127% higher than Q2 2025, ...
Mina West-1 Well Begins Initial Production at 45 MMcf/d of Gas
The initial production rates of the Mina West-1 well, part of the West Mina gas field development project in the Mediterranean Sea, came at approximately 45 million cubic feet per day (mmcf/d) of natural gas and aroun...
SIDPEC Revenues Grow by 4.8 % in Q1 2026
Sidi Kerir Petrochemicals Company (SIDPEC) reported a 4.87% increase in revenues in the first quarter (Q1) of 2026 to EGP 3.788 billion. Meanwhile, the company posted a 68.65% year-on-year (YoY) decrease in net profi...
Petroleum Arrows Delivers 27% Profit Growth in 2025
The Petroleum Arrows Company recorded a 27% year-on-year (YoY) increase in net profit during fiscal year (FY) 2025, driven by the transport of 4.7 billion liters of liquid petroleum products and 957,000 tons of butane...
Halliburton Delivers Strong Q4 2025 Results
Halliburton, an American oil service company, has reported a significant sequential improvement in its fourth-quarter (Q4) 2025 earnings, posting a net income of $589 million, compared to $18 million in the previous q...
Egypt Boosts Dana Gas Production by 27mmscf/d during 2025
Dana Gas, the Middle East’s leading private natural gas company, has drilled four wells in Egypt throughout 2025 and completed a workover program across three additional wells, boosting the total production of ...
