Tharwa Petroleum Company (S.A.E.) Information

Our Vision: To rank within the top ten local players in the O&G industry and to gradually expand to compete in the Middle East and Africa. Our Mission: We are a national upstream operation company specializing in the exploration and production of oil and gas, as well as rendering of various petroleum services. We are committed to sustainable growth in order to return maximum value to our shareholders, customers, suppliers, employees and communities. About Us: Tharwa was established in 2004 as Egypt’s first joint stock Petroleum Company 100% nationally owned, to execute an upstream operation with two main goals: E&P and Petroleum Services. The company is an integrated corporation; with specialists who have the skills to operate our business in both E&P and Petroleum Services, capable of delivering strong growth by identifying and focusing on selected high value activities and securing optimum operating expenses, which would create value for our shareholders' investments. Tharwa initiated its activities in exploration in five concessions in The Mediterranean Sea and The Western Desert of Egypt. In 2006, two more exploration concessions were acquired through international bid rounds. In the field of Petroleum Services, Tharwa established Sino Tharwa Drilling Company in 2005. In addition, two more service companies were established in 2007 (Tharwa-Breda and Egyptian Production HH ) to cover onshore rigs manufacturing and oil and gas wellheads, x-tress and different types of valves.