Revenues | Egypt Oil & Gas

PetroChina Revenue Rises 5.3% in H1 2026, Profit Grows by 22%

PetroChina, one of China’s major hydrocarbon producers and distributors, reported RMB 1.53 trillion (around $214.5 billion) in revenue for the first half (H1) of 2026, up 5.3% year-on-year (YoY), according to th...

Korra Energi Posts Fivefold Jump in H1 2026 Contracts

Korra Energi, a leading Egyptian provider of energy efficiency solutions and contracting services, secured EGP 5.1 billion in new contracts during the first half (H1) of 2026—a massive leap from EGP 1.1 billion in the...

AMOC Doubles FY 2025/26 Profit as Revenue Expands 35%

Alexandria Mineral Oils Company (AMOC) reported higher revenues and profitability for the fiscal year (FY) ending June 30, 2026, according to both its unaudited standalone and consolidated financial statements sent to...

Abu Qir Fertilizers Posts 119% Profit Surge on Revenue, Export Gains

Abu Qir Fertilizers and Chemical Industries reported an 119% year-on-year (YoY) surge in net profit after tax for the first half (H1) of fiscal year (FY) 2025/26, reaching EGP 10.01 billion, according to its unaudited...

Sidpec H1 Revenues Up 13% YoY

Sidi Kerir Petrochemicals Company (SIDPEC) revenues climbed 13% in the first half of 2026, year on year (YoY), to EGP 8.53 billion, according to a disclosure on the Egyptian Exchange (EGX). Despite stronger sales, net...

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...

Egyptian Refining Company Clears Senior Debt

The Egyptian Refining Company (ERC) has fully paid off its senior debt, marking a major milestone in its financial restructuring, according to a statement by Qalaa Holdings, which owns 13 % of ERC. The repayment would...

Korra Energi Reports 42.5% Surge in Gross Profit in Q1 2026

Energy solutions firm Korra Energi reported a 42.5% year-on-year (YoY) increase in gross profit to EGP 373 million during the first quarter (Q1) of 2026, backed by the positive performance of the energy and constructi...

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. Gross profit rose 2...

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