SAP Powers Crescent Petroleum’s Digital Transformation Journey with SAP’s Oil and Gas Model Company on S4/HANA platform
Crescent Petroleum, the Middle East’s first and largest privately held oil and gas company, , has chosen SAP as a strategic partner to power its drive to improve efficiency across all processes, and progress a digital transformation strategy in coming years.
Record turnout in UAE for Rare Disease Day
More than 1,500 people on Saturday walked in solidarity with families of determined ones at Dubai’s Meraas Kite Beach to mark Rare Disease Day, held annually on the last day of February. A rare disease is broadly defined as one that affects a small section of the population, such as fewer than 1 in 2,000 [...]
Why Sharjah’s new gas find matters
Sharjah's new discovery of natural gas and condensate - it's biggest in more than three decades is a game changer in some respects for the emirate. The Mahani well, which was drilled by state-owned Sharjah National Oil Company (Snoc) and Italian major Eni, has tested gas at flow rates of 50 million standard cubic feet [...]
Oil industry in Davos: torn between Greta and Trump
Oil majors are at the sharp end of the climate debate and face a bewildering balancing act to secure their futures. It’s a Catch-22 situation: to meet ambitious emissions targets by investing in low-carbon technologies, they will have to rely on revenue from expanding their businesses in oil and gas, for which there is still [...]
Iraq ‘hopeful’ that US-Iran tensions have calmed down now, CEO says
Crescent Petroleum CEO Majid Jafar discusses Iraq’s position amid the geopolitical tensions between Iran and the U.S.
Strategic Outlook: Middle East Economies
Middle East economies are estimated to have grown by 1% for 2019, a growth rate that is insufficient to dent unemployment, create shared prosperity and cement social cohesion. How can policy-makers respond to the aspirations of their youthful populations given the challenging geopolitics of the region?
To tackle climate change, developing countries have to get on board
With temperatures and sea levels rising, frequent bushfires and flooding around the world, the urgency to tackle climate change is clear. Which is why the failure of the Madrid COP25 summit last month was even more disappointing. Countries could not agree a more robust, international carbon trading system and funding for carbon reduction in the [...]
Crescent Petroleum implements key sustainability initiatives
Abu Dhabi, UAE :Crescent Petroleum, the oldest privately-held upstream oil and gas company in the Middle East has outlined a range of efforts aimed at ensuring a sustainable future for company and the region in the decades ahead. Crescent aims to further reduce its already low level of gas flaring from operations, and is implementing [...]