Revenues | Egypt Oil & Gas

Maridive Achieves Strong Financial Turnaround with 171% Net Profit Growth

Maridive and Oil Services Company reported a 171% increase in net profit after tax in 2025  compared to 2024, to reach  $59.3 million. Revenues during the same period climbed 21% to $254.3 million.

MOPCO Q1 2026 Net Profit Surges 88%

Misr Fertilizers Production Company (MOPCO), Egypt’s largest nitrogen fertilizer producer, recorded an 88% year-on-year (YoY) surge in consolidated net profit after tax for the first quarter (Q1) of 2026, reaching ...

SIDPEC Revenues Grow by 4.8 % in Q1 2026

Sidi Kerir Petrochemicals Company (SIDPEC) posted a 68.65% year-on-year (YoY) decrease in net profit after tax for the first quarter (Q1) of 2026, dropping to EGP 184 million. This bottom-line decline occurred des ...

ADNOC Drilling Reports Record Q1 2026 Net Profit

ADNOC Drilling, the UAE’s Oilfield drilling services company, recorded its strongest-ever first-quarter (Q1) performance for the period ended March 31, 2026, reporting a net profit of $347 million, a 2% year-on-ye ...

Maridive Reports Mixed Results in 2025

Maridive & Oil Services reported a 19% year‑on‑year increase in standalone revenues for the fiscal year ended December 31, 2025, reaching USD 78.6 million. Standalone operations delivered a gross profit of USD 33. ...

Baker Hughes Posts $6.6 Bn Revenue in 1Q 2026

Baker Hughes reported a solid first quarter (Q1) of 2026, with revenue reaching $6.6 billion, up 2% compared to the same period in the previous year, supported by strong demand in its Industrial and Energy Technol ...

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 ...

EDC Revenues Surge 88.5% in 2025

In 2025, the Egyptian Drilling Company (EDC) revenues reached around $402 million, compared to $213.23 million in fiscal year 2024. Net profit after taxes recorded at $132 million dollars, and a high operational e ...

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 bu ...

Town Gas Records 20% Revenues Growth in FY 2025

Town Gas recorded total revenues of approximately EGP 4.8 billion during fiscal year (FY) 2025, a 20% increase compared to EGP 4 billion the previous year. Mohamed Fathy, the company’s Chairman, reported these fig ...

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