In just four years, SinoTharwa Drilling Company has become the second largest land drilling contractor in Egypt and is soon to expand into offshore industry as well.

A high level cooperative project between China and Egypt, SinoTharwa provides drilling and workover rigs to the oil & gas industry in Egypt. Formed in 2005 as a joint venture between Tharwa Petroleum Company “www.tharwa.com.eg”, a subsidiary of the Egyptian Ministry of Petroleum & Mineral Resources and China’s Sinopec Star Petroleum Company “www.cnspc.com.cn”, it now operates 16 rigs: 12 land drilling rigs & 4 workover rigs.

SinoTharwa is a limited liability company which 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) “www.egas.com.eg”, had become involved in the joint venture.

We are proud to report that by the end of 2008, the company’s capital had reached US$ 80 million and we had become the second largest drilling contractor in Egypt for land drilling rigs, with 14 percent of the market share.

Human Resources Department is a consultancy and services department. Helping the employees & the company to achieve company’s goals in order to reach the benefits. From the Company startup date till the end of 2008, our manpower reached the total number of 1293 employees.

Human Resources Department has managed to apply several principles that would maintain the company’s high image; such as the company’s policies and procedures, interview and hiring system, medical coverage, compensations and benefits policy.

We are in SinoTharwa concerning that the company staff is the main value, therefore, we are working hard to provide them with standard services and benefits in order to create a motivation environment and in the meantime developing them in two ways (Personality and professionally).