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Crescent CEO: Despite US boom, MidEast still key

Despite the United States' boom in fracking-related oil production, the U.S. and rest of the world are still dependent on the Middle East for oil and gas reserves, Majid Jafar, the CEO of Crescent Petroleum, told CNBC

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UAE Companies foreign investments exceed US$100 billion

The major successes of UAE companies in foreign investment can be attributed to strong support from the national leadership and relevant government ministries including the Foreign Ministry and the Ministry of Economy. said a top industrialist

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Dana, Crescent Celebrate 5 Years Continuous Production in Kurdistan

Dana Gas and Crescent Petroleum celebrated on Tuesday five years of continuous production in the Kurdistan Region of Iraq. As joint operators of the Khor Mor field, the two companies are currently producing an average of 80,000 barrels of oil equivalent per day (boepd). With a total investment of $1.1 billion and total cumulative production [...]

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Majid Jafar named ‘Visionary of the Year’ at CEO Middle East Awards

Majid Jafar, CEO of Crescent Petroleum, the Middle East's oldest private oil and gas company, and Vice-Chairman of the Crescent Group of companies - has received the award for 'Visionary of the Year' at this year's CEO Middle East Awards, held on September 11th at Emirates Towers Hotel in Dubai

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