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General Assembly General Assembly 10/3/2015 . . . .

The General Assembly of the Egyptian Petroleum HH Rig Manufacturing (EPHH)


Egyptian Petroleum HH Rig Manufacturing (EPHH) held eighth General Assembly Meeting for the company in the tenth of March, 2015 at Tharwa Petroleum Company Premises in the presence of Dr. Sherif Sousa, First Undersecretary of the Ministry of Petroleum for gas affairs and Mr. Khalid Abdel Badi Chairman of the Egyptian Holding Company for Natural Gas (EGAS), EPHH shareholders; HH Petrojet, Enppi and Tharwa companies and Board Members.

Eng.El Sayed El  Badawi Mohamed EPHH Chairman and Managing Director started the Assembly meeting by presenting EPHH Board work Progress Report  for the Financial year ended in 2014, as he explained the most important developments and The business plans for the company, which is represented in the manufacture of onshore and offshore drilling rigs as well as the achievements done during last  year and the most important one is manufacturing Two 1500 HP Land Drilling Rigs  ( ST14 ST15) to Sino tharwa to be operating in Algeria.

EPHH Chairman & MD also Emphasized on the growth of the company's investments in last year, where the company made a rewarding profit and remarkable growth of sales volume.

And Finally, Eng.El Sayed El Badawi Mohamed, EPHH Chairman and MD and Ms. Liu Yong Hong EPHH General Manager and MD expressed their appreciation to His Excellency Eng. Sherif Ismail, Minister of Petroleum and Mineral Resources for his consistent support for the company, and also expressed their thanks appreciation to all attendees, shareholders and Board members for paying attention for EPHH further success and progress.