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HomeTechnologyArab Finance - National Drilling Company declines in profits in 6 months

Arab Finance – National Drilling Company declines in profits in 6 months


National Drilling declines in profits in 6 months

Arab Finance: Company announced National Drilling (NDRL)On the results of its operations for the financial period ending in 30/06/2024which showed achieving a net profit of $3,185 million, compared to the company achieving a net profit of $5,690 million during the same period of the previous year.

The company was established in 1981, and its activities include storing and maintaining machines and equipment for drilling and oil exploration services in the desert and sea, selling and renting these machines, providing technical services to operate these machines, and providing subsistence services for employees of companies inside and outside Egypt.

It is considered one of the largest drilling contractors in the Middle East and provides its customers with high-quality drilling operations and well maintenance renovation services while maintaining the highest safety standards for individuals, assets, equipment and the environment, as well as applying the best international practices in the areas of quality and enhancing productivity. It is known at the international level for its honorable record in the field Safety and following the highest quality and safety standards.

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