 | |
| Industry | Oil and gas |
|---|---|
| Founded | 1971 |
| Headquarters | , |
Area served | Middle East |
Key people |
|
| Services | Oil and gas exploration, production, and transport |
| Website | www.crescentpetroleum.com |
Crescent Petroleum is the first and largest private upstream oil and gas company in the Middle East.[1] Founded in 1971, Crescent Petroleum is headquartered in the Emirate of Sharjah, United Arab Emirates (UAE), with current operations in both the UAE and the Kurdistan Region of Iraq (KRI). As of 2023, Crescent Petroleum and the Iraqi Ministry of Oil have signed three twenty-year contracts as the company focus it efforts in aiding the redevelopment of Iraq.[2]
Crescent Petroleum is also the founding and largest shareholder in Dana Gas, the first and largest publicly listed private-sector natural gas company in the Middle East.[3][4]
The company is a subsidiary of Crescent Group, a diversified family business that includes Crescent Enterprises, a multinational company headquartered in the UAE, as the other main subsidiary. Crescent Petroleum's chairperson and founder is, Iraqi businessman Hamid Jafar its CEO is Majid Jafar.[5]
- ^ "Crescent Petroleum to Sponsor Special Olympics". Transport and Logistics ME. January 21, 2019. Retrieved February 15, 2019.
- ^ "Iraq's Oil Ministry, Crescent Petroleum to develop oil and gas fields". Iraqi News. 2023-02-21.
- ^ "World Economic Forum/Organisations". 24 Jan 2016. Retrieved 2016-07-05.
- ^ "DANA GAS IPO opens tomorrow". WAM. Emirates News Agency. Retrieved 24 September 2016.
- ^ "Majid Jafar, Chief Executive Officer". Bloomberg. Retrieved February 9, 2019.