Revenues | Egypt Oil & Gas - Part 5

NOC Achieves Petroleum Revenues of $1.115 B in December 2020

The Libyan National Oil Corporation (NOC), has recorded revenues reached $ 1.115 billion from the sales of the crude oil, gas, condensates, petroleum products and petrochemicals during December 2020.

Dana Gas Records Net Profit of $31 MM in Nine Months

Dana Gas Company announced that it generated a net profit of $31 million during the first nine month of 2020 compared to $69 million during the same period of 2019, excluding one-off non-Cash impairments and other ...

ADES Egypt Revenues Record $39.2 MM in H1 2020

Advanced Energy Systems (ADES) earned $39.2 million in revenues from its work in Egypt during H1 2020 against $43.6 million in H1 2019; indicating a 10% year-on-year (YoY) decrease.

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.

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