New Oil Discovery in the East Abu Sinan concession area in the Western Desert in cooperation with EGPC and Tharwa Petroleum, the operator Alamein Petroleum.

New GAS Discovery at Nargis Offshore Area Concession, in the Mediterranean Sea, in cooperation with Chevron – the operator, Eni, and Egyptian Tharwa Company.

Seven blocks in the offshore Mediterranean had been assigned to Tharwa Petroleum Company with 10% share in each block, in partnership with major international oil companies; Chevron, Nobel Energy, Total, Kufpec, BP and BG. Three other blocks in offshore Red Sea has been assigned to Tharwa Petroleum Company with 10% share in each block, in partnership with Shell, Mubadala and Chevron.

Awarded Star Block to Tharwa & ExxonMobil.

Issuing the law of offshore “Nour concession”.

The Establishment of Lotus Oil Company equally between Tharwa Petroleum Company and EGPC.

The first oil discoveries from East Abu Sinan concession (100% Tharwa)

Issuing the law of Horus Development Lease (Law No.205/2014) to Tharwa and GPC (Tharwa 60% and GPC 40%) and Tharwa isthe operator for this concession.

Issuing of the Law of East Abu Sinan (No. 131/ 2014).

First Oil Discovery in Siwa Concession; Siwa-D-1X in Siwa Concession, showing potential in 4 zones, and tested in Safa & AEB-5. Siwa D-1X was put on stream in December 2012 with daily production of 1,200 BOPD

Started first oil production from WEEME (West Esh El-Mallaha extension) Concession with initial production rate of 1300 BOPD.

Started first gas production from Thekah Concession with daily rate of 100 million standard cubic feet of gas/day.

Establishment of Tharwa Breda Petroleum Services Company for manufacturing wellheads and X-Mass trees.

Establishment of Egyptian Petroleum HH Rig manufacturing Co.

Establishment of Sino Tharwa Drilling Company.

Establishment of Tharwa Petroleum Company, Tharwa signed four agreements with EGPC in the Western Desert and one agreement with EGAS in the Mediterranean Sea, with awarding 5 concessions, 4 in the western desert (Siwa, Sallum, W. Ghazalat, and Farafra) and one in the Mediterranean offshore Sinai (Thekah concession).

MDC previously (Sino-Tharwa) had been established in 2005 as a joint venture between Tharwa Petroleum Company – a subsidiary of the Egyptian Ministry of Petroleum & Mineral Resources – and China’s Sinopec Star Petroleum Company.

MDC is essentially a service company, providing support to oil & gas for E&P companies, in addition to providing a range of different capacities of drilling and work over oil & gas rigs.

Currently, a conversion occurred among shareholders after the relinquishment of Sinopec Star Petroleum Company from Sino-Tharwa that the latter to be under the name of Modern Drilling Company Ltd. (MDC) – Free Zone – with a riven shares of 83% to EGAS and 17% to Tharwa.

THARWA-BREDA Petroleum Service Company (TBPSCO) is an Egyptian joint venture company established in accordance with the Egyptian governmental laws for free zones systems .

The core activities of this partnership include, but are not limited to local production, assembling, and sale of petroleum well-heads, valves and control units

The company scope of supply also includes sub-sea valves, chemical packages, utility Skids, engineering and technical support, maintenance, testing, and repairing services for all the mentioned products.

EPHH is a Joint Venture Company established in 2007 in accordance to the free zone of Cairo, Egypt, between Egyptian Ministry of Petroleum (PETROJET, ENPPI, THARWA) and Hong Hua Holding Co. ltd

EPHH Activities which are as follows:

Manufacture Drilling Land Rigs 1500 HP and 2000 HP

Assembly Land Rigs and work-over rigs from 350 HP – 3000 HP.

Rig maintenance and all required tests and issue re-certificates.

Supply spare parts for the Rigs.

Bop Maintenance, testing and re- certificate.

Manufacture Mud Tanks, Water Tanks, Fuel Tanks and steel fabrication.

Manufacture water drilling rigs and supply camps for rigs and oil field operations.