Revenues | Egypt Oil & Gas - Part 2
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...
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-year (...
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 Technology ...
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 announced...
EDC Revenues Surge 88.5% in 2025
The Egyptian Drilling Company (EDC) recorded a net profit of $132 million in fiscal year (FY) 2025, yielding a high operational efficiency rate of 98.8%. Osama Kamel, EDC Chairman and Managing Director, reported these...
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...
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 figures...
