HOME SITE MAP CONTACT US PRINT

Skip Navigation Links
Skip Navigation Links
Skip Navigation Links
Skip Navigation Links
Skip Navigation Links
Skip Navigation Links
Skip Navigation Links
Skip Navigation Links
Skip Navigation Links
News :  
Awarding SinoTharwa Drilling company by ISO 14001 certificate
World Environment Day (June the 5th ) “Green Economy: Does it include you?
Awarding SinoTharwa Drilling company by ISO 9001 certificate
The "Republic" the third oil conference & exhibition - "The oil between reality and hope."
مصر للطيران الناقل الرسمى لشركه سينو ثروه لحفر أبار البترول - مجله مصر للطيران
Competition is our Hobby - Petroleum Magazine
Who We Are?

SinoTharwa Drilling Company is a limited liability company established on September 05th, 2005, under the Egyptian investment authority approved decree on November 11th, 05. A Free zone Company; subject to Egyptian investment law No.8 for the year 1997.

SinoTharwa had US$ 18 million in capital at its formation, shared equally between Tharwa Petroleum Company and Sinopec Star Petroleum Company. In 2007, the company’s capital had been raised to US$ 40 million, by which time the Egyptian Holding Gas Company (E-gas), had become involved in the joint venture. Then, by 2008, the company’s capital had reached US $80 million, composed of Tharwa (31 percent), EGAS (19 percent) and Sinopec Star (50 percent).

By the end of the year 2016, company’s financial results was as follows: -

- Company’s investment >>>> 701 million USD.
- Company’s’ Revenue >>>> 119 million USD.
- Company’s Net Profit >>>> 2 million USD.
- Return on Equity >>>> 1.45%.