Tanmia Petroleum Company – Overview:
Tanmia Petroleum Company is a young Oil & Gas Fields Development Company, Fully owned by the Government of Egypt.
The Shareholders (EGAS - ECHEM - GANOPE - Petrojet - Enppi) contribute their past experience and capabilities to the services that tanmia provides. Tanmia is registered Under the Investment Law with liberated Bylaws. The core business of the company is to develop the old fields upon the expiry of their concession agreements between Egyptian General Petroleum Corporation and the International Oil Companies. Tanmia Provides all the oil field services and consultations required to develop the oil & gas fields. Tanmia can pull-through all or any service that their shareholders provide to integrate them into a one-stop-shop solution.MoreThe main objective is Replacing the IOC's in those fields and acting on behalf of EGPC to operate the fields and ensure maintaining the production level or even increase it. One of the primary objectives is to develop the Brown fields applying tertiary recovery techniques. Tanmia provides integrated geological, geophysical, operational (Drilling, Work-Over, Production, ...etc. ) and Reservoir Management; TURN KEY solutions. As a bread and butter business, Tanmia provides Early Production facility services and equipment to several Production Companies in Egypt utilizing partially its own equipment and personnel and/ or by utilizing the equipment and the personnel of its allies. Tanmia owns a 1500 HP rig that is on Revenue-Sharing Long term deal with one of the Drilling Contractor in Egypt, operating it successfully (operationally and Financially) for more than two years. Beside the core business, Tanmia provides technical consultation to the Egyptian Oil sector utilizing a substantial list of very well experienced / skilled Manpower on a project, temporary or permanent basis.