Revenues | Egypt Oil & Gas - Part 4

Baker Hughes’ Revenues Record $5.4 B in Q1 2020

Baker Hughes’s revenues reached $5.4 billion during Q1 2020, recording a 3% year on year (YoY) decrease from Q1 2019.

Libya’s NOC Sees 21% MoM Hike

Libya's state-run National Oil Corporation (NOC) announced that its October revenues grew by 21% month-on-month (MoM) to stand at $2.2 billion from $1.8 billion.

Qalaa Holdings’ Revenues Grow by 25%

The company's operating profit grew by 36% to reach EGP 1.3 billion in 2018, which is supported by the strong performance of all the affiliated companies.

ADES International Revenues from Egypt Reach $87.2 M by End of 2018

ADES International Company announced that its revenues from Egypt reached $87.2 million at the end of 2018, recording 42.4% of its total revenues in 2018.

Egypt Gas Net Profits Reach EGP 8.93 M in Q1 2019

Egypt Gas net profits reached EGP 8.927 million, after recording EGP 13.54 million losses during the same period in 2018.

Qalaa Holdings’ Revenues to Exceed EGP 90 B in 2020

The company will gain between EGP 50-55 billion from the Egyptian Refining Company (ERC), which is set to start operating in Q3 2019.

Petrojet Revenues Hit New Record High

The surge in revenues is attributed to the unprecedented volume of contracts that were signed last year, which totaled EGP 40 billion.

Nigeria’s Oil, Gas Sales Reach $3.46b

Nigeria has earned about $3.46b in oil and gas revenues between July 2015 and June 2016, with a total of $2.3b coming from crude oil proceeds and $1.17b from gas sales.

Iraqi Oil Export Increased in July

Iraq's oil exports from its southern ports rose to 3.2mb/d on average in July, up from 3.175mb/d in June, as the Arabic nation increased crude production to bring in a $3.744b in oil export revenues.

Saudi PetroRabigh Q2 Profit Slumps 79%

Saudi Arabia's Rabigh Refining and Petrochemical Co. (PetroRabigh) witnessed a decline in its Q2 net profit standing at 79.6% due to the decrease in petrochemical prices and refinery margins.

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