Revenues | Egypt Oil & Gas - Part 2

PetroSafe Revenues Reach EGP 670M in 2023

The Petroleum Safety and Environmental Services Company (PetroSafe) has held a general assembly meeting to approve the results of its work for the year 2023 in the presence of the Egyptian General Petroleum Corpor ...

Town Gas Achieves EGP 4B in Revenues

The company achieved total revenues amounting to approximately EGP 4 billion and a net profit exceeding EGP 112 million, an increase of 57% over the previous year, in a first for the company.

Modern Gas Revenues Reach EGP 2.6B in 2023

Modern Gas has held a general assembly to present the results of its work for the year 2023 in the presence of Minister of Petroleum and Mineral Resources Tarek El Molla.

Petrojet’s Revenues Hit EGP 54.6B in 2023

Minister of Petroleum and Mineral Resources Tarek El Molla has praised the Petroleum Projects and Technical Consultations Company (Petrojet) as a source of national pride for its success in boosting local contribu ...

ERC’s Margins Push Qalaa Holdings’ Revenue Up to EGP 97.7 billion in FY 2022

Qalaa Holdings Company has announced that it has achieved remarkable growth in its revenues reached to EGP 97.7 billion in the fiscal year (FY) 2022 compared to EGP 4.1 billion in FY 2021 increasing by 113% driven ...

EMC Achieves EGP 7.2B in Revenues in 2022

Minister of Petroleum and Mineral Resources Tarek El Molla highlighted the continuation of the ministry's strategy in supporting petroleum entities and achieving optimal utilization of all its expertise

ERC Contributes 80% to Qalaa Holdings Revenues in 2022

Qalaa Holdings's consolidated revenues reaching EGP 26.981 billion in the second quarter of 2022, making a 165% year-on-year (YoY) increase.

Egypt Targets $10B Worth of Natural Gas Exports in FY 2022/23

Minister of Petroleum and Mineral Resources Tarek El Molla has declared that Egypt aims to export $8.5 to $10 billion worth of natural gas during the fiscal year 2022/23.

Egypt Records $13B in Petroleum Exports in Nine Months 

The Minister of Finance Mohamed Maait has announced that Egypt achieved petroleum exports worth $13 billion with surplus $4 billion during the first nine months of the fiscal year (FY) 2021/22.

SCA Records Highest Monthly Revenues of $704M

The Chairman of Suez Canal Authority (SCA) Osama Rabie announced that Suez Canal recorded the highest revenues of July 2022 amounts to $704 million which is the highest per month compared to $531.8 million in July ...

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