OPERATIONAL EXPERIENCE

“Our governance system and structures have allowed Crescent Petroleum to be the only international oil company to have maintained a continuous presence in Iraq for the past 25 years.”

Crescent Petroleum

KURDISTAN REGION OF IRAQ

Quick Facts

  • Crescent Petroleum and its affiliate, Dana Gas signed agreements in April 2007 with Kurdistan Regional Government of Iraq for  the development of its substantial gas resources, including the launch of the Kurdistan Gas City.
  • Agreements include the development, processing, and transportation of natural gas from the Khor Mor and Chemchemal Gas Fields, in order to provide natural gas supplies to fuel domestic electric power generation plants near Erbil and Suleymania.
  • Gas deliveries to the Erbil Power Station commenced on 1st October 2008 via the 180 km pipeline within a record period of 15 months.
  • The benefits to the Iraqi people include urgently needed electricity to 4 million Iraqi citizens alongside a saving of USD$ 2.5billion per year from displacement of liquid fuel import costs.
Crescent Petroleum

SIR ABU NU’AYR CONCESSION

Quick Facts

  • Situated in the heart of one of the world's major and prolific hydrocarbon basins.
  • The acreage is flanked to the east by Dubai’s Fateh and Rashid oil fields complex, to the north by the Sirri oil field of Iran and to the west by the prolific oil and gas fields of Abu Dhabi.
  • Salt Dome hydrocarbon plays are prevalent throughout the Gulf of Mexico, the North Sea and within the Arabian Gulf.
  • Previous 2-D seismic survey indicates the project's considerable potential.
  • Comprehensive 3D/2D seismic survey design covering the island and the surrounding area of 12 nautical miles were conducted during 2008.
On Shore Sharjah, Crescent Petroleum

ONSHORE SHARJAH CONCESSION

Quick Facts

  • Onshore Sharjah block covers approximately 1243 sq km of acreage near existing gas - condensate fields.
  • The 2D seismic data was acquired by WesternGeco in Q3, 2008.
  • The data indicate significant potential recoverable volumes in line with existing onshore gas condensate field sizes in the Northern Emirates.
  • Crescent completed interpretation of the Thamama horizon and identified several leads and prospects with significant potential recoverable volumes in line with the existing onshore gas – condensate field sizes.
  • Farm-out agreement signed with Rosneft Oil Company early June 2010.
  • Drilling activity started in June 2010, in a project which involves drilling two exploration wells to an estimated depth of 15000 ft.
  • Concession handed over to Government upon expiry of license period

“Our governance system and structures have allowed Crescent Petroleum to be the only international oil company to have maintained a continuous presence in Iraq for the past 25 years.”

Crescent Petroleum

UAE’s Crescent Petroleum to study oil exploration in Iraq

The UAE’s Crescent Petroleum met with Iraqi officials this week to finalise a joint study on an oil exploration area in southern Iraq, Crescent said in a statement
Crescent Petroleum

Dana Gas signs agreements with Kurdistan Regional Government of Iraq

The UAE’s Dana Gas has signed an agreement with Iraq’s Kurdish regional government (KRG) to evaluate the development of the region’s gas reserves
Crescent Petroleum

Dana Gas signs agreements with Kurdistan Regional Government of Iraq

Dana Gas, the Middle East’s first regional private-sector natural gas company, is delighted to announce that it has concluded important agreements
Crescent Petroleum

Iraq is ‘highest priority’ for Crescent

Abdulla Al-Qadi, director of Crescent Petroleum’s upstream operations, told delegates at a recent Dubai congress that Iraq is Crescent’s highest priority

Crescent Petroleum completes successful drilling program in Mubarek Field

Crescent Petroleum, the Region’s oldest private upstream company and the operator of the, has announced the successful conclusion of its recent drilling program

Crescent Petroleum Begins Producing from Mubarek K2-ST4

Sky Petroleum says that the Mubarek K2-ST4 well located in the Mubarek Field, offshore United Arab Emirates, in which Crescent Petroleum is the operator

Sky Reports Production Up on 2 Mubarek Wells

Sky Petroleum, Inc. reported that during the two months ending November 30, 2007, Mubarek production from the H2 and K2-ST4 wells was 31,562 barrels of oil.

Dubai’s DMCC launches new clean energy partnership

Dubai Multi Commodities Centre (DMCC) said on Tuesday it signed a deal with two United Arab Emirates firms to help develop clean energy projects in the oil exporting region

DMCC and EcoSecurities to work with Dana Gas and Crescent Petroleum on Emissions Reduction Projects

Dubai Multi Commodities Centre (DMCC) and EcoSecurities announced today the signing of a strategic alliance agreement with Dana Gas PJSC and Crescent Petroleum

Iran, UAE’s Crescent closer to gas deal

Talks to resolve a dispute over pricing and volume of gas imports from Iran are underway, says the United Arab Emirates (UAE) Crescent

Sharjah Government & Crescent Petroleum ink major deal

H.H. Sheikh Dr. Sultan bin Mohamed Al-Qassimi, member of the Supreme Council, Ruler of Sharjah, signed an exploration and production agreement with Mr. Hamid Jafar, the Chairman of the United Arab Emirate’s Crescent Petroleum

Crescent Petroleum and Sharjah government sign major deal

HH Sheikh Dr Sultan bin Mohamed Al-Qassimi, Supreme Council Member and Ruler of Sharjah, signed on Sunday an exploration and production agreement with Hamid Jafar, Chairman of the Crescent Petroleum Co.

Dana Gas to supply gas to Iraq Kurds from mid-2008

UAE-based Dana Gas DANA.AD will begin supplying gas to the Kurdish region from a field in northern Iraq by mid-year, six months later than first planned, Dana said on Sunday

Dana Gas Project in Iraqi Kurdistan over 70% Complete

Dana Gas, the Middle East’s first and largest regional private sector natural gas company, has announced that its project in the Kurdistan Region of Iraq to supply

Crescent Petroleum sponsors Iraqi universities at Global Education Conference in London

Crescent Petroleum has sponsored three leading Iraqi universities to attend the GetEnergy 2008 Global Education and Networking Event, held in London this year, on 26-28 March

Free-market key to Sharjah’s growth – ‘Emirates Business 24/7’ interview with Majid Jafar

Eton and Harvard-educated, Majid Jafar could have gone on to reach the pinnacle of success on Wall Street or the City of London – maybe even both. Yet, his roots are deeply implanted in the UAE, both in terms of culture and family

Iran says talks with Crescent positive

Iran said its latest talks with UAE’s Crescent Petroleum over a long-running price dispute were “very positive”, an Iranian news agency

Interview with Majid Jafar

28 May 08 Majid Jafar, executive director of Crescent Petroleum, talks to UPI about its plans for Iraq’s oil and gas sector

Crescent charters world’s largest aircraft to Iraq

Crescent Petroleum, in partnership with Dana Gas, has chartered the world’s largest aircraft, the Antonov 124 (An-124), to transport a large load

Crescent Petroleum signs cooperation agreement with Reliance

Crescent Petroleum announced today the signing of a cooperation agreement with Reliance Exploration and Production (Reliance E&P), a wholly-owned subsidiary of Reliance Industries Limited (RIL), India’s largest private sector conglomerate

Iraq gas fields on stream early August : Crescent

Crescent Petroleum, along with its affiliate Dana Gas, will start producing gas from northern-Iraq’s Kurdistan fields in early August, a company executive said yesterday

Crescent project nears completion

A project to supply, process, and transport natural gas to Kurdistan Region for much-needed and more affordable electricity is rapidly progressing

Crescent Petroleum and Dana Gas announce establishment of 461 million square feet site for Kurdistan Gas City

Gas Cities LLC, a joint venture between Crescent Petroleum and its partner Dana Gas PJSC, the Middle East’s first and largest regional private-sector natural gas company, announced today that

Crescent Petroleum and AMAR Foundation to launch development centre in Southern Iraq

Crescent Petroleum has announced the signing of a Memorandum of Understanding (MoU) with the AMAR International Charitable Foundation for cooperation to support capacity-building and local communities in Iraq

Crescent Petroleum-Dana Gas Community Action Program

Under Crescent Petroleum-Dana Gas Community Action Program & with the cooperation of Rebaz foundation, a caravan was handed over to Grdasoor-Quashtapa area to be used as a health center

Crescent Petroleum and Dana Gas announce the start-up of First Gas in Kurdistan Region of Iraq

Crescent Petroleum and Dana Gas announce the start-up of natural gas production, processing and transportation by pipeline in their major joint project in the Kurdistan Region of Iraq

Crescent enters negotiations with provinces over gas cities

The UAE’s Crescent Petroleum is in talks with provincial authorities in Iraq to replicate the gas city it set up in norther Iraq, with further cities to be established in the southern region of Basra and Al-Anbar in the west

UAE’s Crescent, Dana eye 4 gas cities

The UAE’s Crescent Petroleum and affiliate Dana Gas are planning to set up at least four gas cities in the Middle East and North Africa region as it seeks to tap growing demand for hydrocarbons

Gas City in Egypt

Crescent Petroleum and Dana Gas, on Tuesday announced the development of Egypt Gas City, jointly with the Egyptian government

MOL and OMV join Crescent and Dana Gas in Kurdistan region of Iraq

Crescent Petroleum and Dana Gas PJSC are pleased to announce strategic partnership agreements with OMV, Austria’s largest listed industrial company and MOL Hungarian Oil and Gas Company, Hungary’s largest listed

Crescent Petroleum and Dana Gas express confidence in Nabucco deal

The $8 billion (Dh29.36 billion) energy deal promoted by UAE-based upstream energy explorers Dana Gas and Crescent Petroleum bringing in two European rivals – Hungary’s MOL and Austria’s OMV – has raised

Sharjah Chamber of Commerce and Industry to host the Emirates – Iraq Business Forum

Under the patronage of His Highness Dr Sheikh Sultan bin Mohammed Al Qassimi, Member of the UAE Supreme Council and Ruler of Sharjah, the Sharjah Chamber of Commerce and Industry (SCCI) is hosting the Emirates-Iraq Business Forum

GASCITIES LLC launches ‘Yemen Gas City’ in the presence of H.E. Yemeni Prime Minister

GASCITIES Ltd, a joint venture company established between Dana Gas PJSC and Crescent Petroleum for the express purpose of introducing and developing a unique ‘Gas City’ concept, today announced that it has reached an agreement

Crescent Petroleum executive wins CEO award

Badr Jafar, the executive director of the Sharjah-based Crescent Petroleum has been recognised as the young CEO of the year at the CEO Middle East magazine awards held at Dubai’s Grosvenor House hotel last night

Gascities to boost energy sector – Gulf News interview with Badr Jafar

Gascities, is planning to invest between $2 to $3 billion (Dh10.8 billion) each in a number of energy clusters, under the ‘Gas City’ branding, which in turn could attract potentially up to $30-$40 billion in third-party investment

Arbitration panel to settle Crescent-NIOC gas dispute

09 November 09 An international arbitration tribunal has been formed to settle a longstanding dispute over a gas deal between the UAE and Iran, a spokesman from the UAE-based Crescent Petroleum told Reuters on Sunday

Making the case for gas market liberalisation

Badr Jafar, executive director of Crescent Petroleum and CEO of Crescent Investments told Utilities Middle East that the low regional price for gas, a feedstock for cheap electricity, is no longer economically sound

‘The National’ interview with Badr Jafar

At age 30, when most men are early in the arc of their careers, Badr Jafar has found himself atop a family business empire that stretches from oil and gas to aviexitation, mining, shipping, health care and private equity

Crescent sponsors the 14th Annual Middle East Gas (MEGAS) Summit

Majid Jafar, Executive Director of Crescent Petroleum and a Member of the Board of Dana Gas PJSC, was speaking at the first day of the 14th annual Middle East Gas (MEGAS) Summit, taking place at the Radisson Blu Hotel on Yas Island, Abu Dhabi

Crescent Petroleum and Rosneft Oil Company sign Signifciant Strategic Cooperation Agreement

Crescent Petroleum, the Middle Easts longest established private petroleum company, today announced the signing of a Strategic Cooperation Agreement with Rosneft Oil Company, Russias leading oil producer and marketer of hydrocarbon products. The Agreement was signed in Moscow between Badr Jafar, Executive Director

Drilling starts at SOC field

A partnership between Sharjah-based Crescent Petroleum and Russia’s Rosneft Oil Company commenced drilling Saturday on the first of four possible wells for natural gas in the Sharjah Onshore Concession (SOC) near Al Madam with an initial outlay of Dh220 million

Rosneft joins Crescent Petroleum in Sharjah concession

Crescent Petroleum, the Middle East’s leading private oil and gas company and Rosneft Oil Company, Russia’s leading oil company, today announced the signing of a Farm-Out agreement for the Sharjah Onshore Concession

Partnership with Rosneft

Crescent Petroleum’s Executive Director tells MME about the significance of Russia’s largest oil producer expanding its presence in the Middle East

Putin hosts round table with Crescent

The privately held oil and gas company said it took part in a round table discussion in Moscow on Saturday hosted by Vladimir Putin, the Russian prime minister

Crescent Group and UN launch Mideast initiative

UAE-based conglomerate the Crescent Group has joined forces with the United Nations to launch a new initiative designed to promote transparency and accountability in the Middle East, it was announced in New York on Monday

Kurdistan flows on the rise

Crescent Petroleum and affiliate Dana Gas have reached a production and processing capacity of 200 million cubic feet of gas per day in Iraq’s Kurdistan region

Cresent Group to strengthen Russia ties on energy

Sharjah’s Crescent Group has expanded its ties with Russia through an alliance with the country’s biggest power company

Badr Hamid Jafar, Executive Director of Crescent Petroleum, selected as a Young Global Leader by World Economic Forum

Badr Jafar, Executive Director of Crescent Petroleum and Co-Initiator of the Pearl Initiative, has been awarded with the honour of Young Global Leader (YGL) with the World Economic Forum

Sharjah gas supply arbitration next year

30 June 11 International arbitration sought by Crescent Petroleum, the multi-billion dollar Sharjah-based diversified upstream energy exploration company, agaisnst the National Iranian Oil Company (NIOC) for losses incurred by its failure to supply to Sharjah the amounts of gas agreed upon, is expected to be resolved in February 2012

Gas vital to Middle East economies

‘Gulf News’ Interview with Majid Jafar, CEO of Crescent Petroleum

5th annual Iraq Petroleum Conference is underway in London

The fifth annual Iraq Petroleum Conference, with support from Upstream Principle Sponsor Crescent Petroleum, the Middle East’s longest established private petroleum company, is focused on the next phase of developing Iraq’s oil and gas resources. Bringing together leading officials and industry executives – including Crescent Petroleum CEO Majid H. Jafar

Turning up the gas

Crescent Petroleum’s chief executive, Majid Jafar, discusses the Sharjah-based firm’s gas project in Kurdistan, the challenges facing Iraq’s hydrocarbons industry, oil politics, Opec and global demand

Badr Jafar appointed to World Economic Forum Energy Security Council

Badr Jafar – President of Crescent Petroleum, and Managing Director of the Crescent Group, has been appointed to the World Economic Forum’s Energy Security Council, and will serve amongst other international experts and energy officials to advise on ensuring a safe and green energy future for future generations

Badr Jafar honored with LIBAN award

Badr Jafar, President of Crescent Petroleum, Managing Director of the Crescent Group, Chief Executive Officer of Crescent Investments, and Co-Initiator of the Pearl Initiative, was honored yesterday in Beirut as one of the “Top International Entrepreneurs and Businesspersons”

Consortium sets higher target for Kurdistan gas

The Sharjah-led consortium that operates the only commercial gasfields in Iraqi Kurdistan plans to expand its production as domestic needs grow and the semi-autonomous region considers exports to Europe.

Principles of a nation offered an advantage from the start

02 December 11 Forty years ago, seven desert sheikhdoms came together to announce their political union under a new federation. The region and the world were sceptical about the chances for success and survival of this new country, and with good reason – with British protection withdrawn, and territorial claims by larger established neighbours such […]

‘Art in Iraq today’ book launched

As part of events to commemorate its 40th year, Crescent Petroleum, the Middle East’s oldest private oil and gas company, has partnered with the Meem Gallery, a leading specialist in the Arab art world, to launch “Art in Iraq Today”

Crescent’s wise man looks north

Majid Jafar, CEO of upstream oil and gas company Crescent Petroleum, says the Kurdistan region of Iraq is key to the company’s future growth

Crescent Petroleum’s Chairman Mr. Hamid Jafar addressing the World Economic Forum in Istanbul

Crescent Petroleum’s Chairman Mr. Hamid Jafar addressing the World Economic Forum in Istanbul on “New Energy Corridors” on 5th June 2012

Youth unemployment in the Arab world: tackling the demographic time bomb

The threat to stability in the Arab world posed by youth unemployment is such that governments old and new must urgently address the worsening economic environment. If a solution is not found soon, the whole region risks instability or even secondary revolutions

Crescent Petroleum and Dana Gas Kurdistan Production Reaches 70,000 barrels per day

Leading Middle East private oil and gas company Crescent Petroleum and its partner and affiliate Dana Gas PJSC, the region’s first private-sector natural gas company, have, in their capacity as joint operator of the Kor Mor field, announced that total production in their major gas operations in the Kurdistan Region of Iraq has grown steadily […]

Gulf gas production has 30 billion cubic feet per day more potential, Crescent Petroleum President tells participants in WEF Summit on Global Agenda

Addressing fellow members of the World Economic Forum Council on Energy Security, as part of the ongoing Summit on the Global Agenda in Dubai, the Managing Director of the Crescent Group and President of Crescent Petroleum said that the Gulf region has the potential to produce up to an additional 30 billion cubic feet per […]

Dana Gas and Crescent Petroleum Kurdistan production reaches 80,000 barrels per day on 4th anniversary

Dana Gas, the region’s first regional private-sector natural gas company, and Crescent Petroleum, the oldest Middle East private oil and gas company, in their capacity as joint operator of the Khor Mor field, have announced that total production in their gas operations in the Kurdistan Region of Iraq has reached 80,000 barrels of oil equivalent […]

Oil and Gas indespensable for global economy

The global economy, with growth mainly in emerging markets, still holds a strong role for oil and particularly gas in the energy mix, says Majid Jafar, Chief Executive Officer of Crescent Petroleum

Mideast to need $600b investment in oil and gas

“To create a sustainable energy grid, the MENA countries need clear and good energy policies that will help the region offer sustainable energy with a good energy mix to power their economies,” Majid H. Jafar, Chief Executive Officer of Crescent Petroleum, said on Wednesday at a breakout session at the World Energy Forum

Arab roots a boon in Crescent Petroleum expansion

Crescent Petroleum, the Sharjah oil producer, plans to move into post-Arab Spring countries that it believes will be friendly to regional investment. It is renewing talks with Egypt to create an industrial cluster and is feeling out opportunities in Libya to take over concessions left behind by other foreign investors. Royal Dutch Shell

BBC interviews Crescent’s CEO

Majid Jafar shares his views on the recent socio-political changes impacting the Middle East’s economy and the region’s growing energy business

Iraq Oil Report interviews Crescent CEO

A key leader in the development of the Khor Mor gas field, Majid Jafar discusses the project that has fueled Kurdistan’s economic boom and become Exhibit A in the argument for reforming Iraqi gas policy. Majid Jafar is the CEO of Crescent Petroleum and a board member of Dana Gas. The companies are jointly developing […]

Gulf Business interviews Majid Jafar

Majid Jafar, CEO of UAE-based oil and gas company Crescent Petroleum, believes the Arab world’s economic revolution is only just beginning, and private sector companies are driving the change

Crescent to enter Libya, Lebanon

UAE-based Crescent Petroleum is gearing up for expansion in the Iraqi oil and gas sector and a debut into Libya and Lebanon, its chief executive told Reuters

Dubai One Interviews Majid Jafar

Majid Jafar, Crescent Petroleum’s CEO, addresses the challenges facing the energy sector today; discussing the implications behind fluctuating oil prices, the need for establishing clear energy policies and job creation in the Middle East ………

Crescent Petroleum’s CEO discusses opportunities within the private sector

In an exclusive interview with Gulf Business, Crescent Petroleum’s CEO, Majid Jafar, highlights the wealth of new opportunities underlying the Arab world’s economic revolution, and its advantages to the private sector

Crescent Petroleum Highlights Importance of Environmental Policy for Regional Companies

Arab World Energy Demand increases 500% in last 30 years Affordability and sustainability key to sustainable energy policy for region Crescent Petroleum, the Middle East’s oldest private oil and gas company, has highlighted the need for responsible companies in the Arab World to develop and adopt environmental policies for sustainable development as part of their […]

Majid Jafar addresses youth unemployment (BBC Radio)

In an interview with BBC’s Business Daily World Radio report, Majid Jafar, Crescent Petroleum’s CEO and Member of the World Economic Forum’s Global Agenda Council, expands on the issues underlying the disproportionate increase in youth unemployment around the world. Joined by Skills Policy Adviser, Katerina Rudiger of the CIPD, Jafar and Rudiger assess the challenges […]

Gas: Plans develop to raise foreign sales

In 1958, Majid Jafar’s grandfather, then the Iraqi development minister, opened two hydroelectric dams in the mountains of Iraqi Kurdistan. Until a joint venture between the Jafar family’s Crescent Petroleum and its affiliate Dana Gas started to produce Kurdish gas in 2008, there had been no new power-generation facility in the northern region of Iraq […]

Dana Gas shareholder supports debt restructuring deal

Crescent Petroleum, the biggest shareholder in Dana Gas, said the terms of Dana’s planned $920 million debt restructuring deal are fair and protect shareholders. Crescent Chief Executive Majid Jafar, who is also a board member of Dana, described the deal as “an optimum balance to serve interests of all stakeholders”

Majid Jafar: One of the most powerful people in ME Oil & Gas

Oil & Gas Middle East presents the fifty most influential decision makers in the regional upstream business. The second edition of the Oil & Gas Middle East Power 50 list sees the top spot claimed by a Saudi Arabian this year, however the number of people with ties to the Iraqi upstream sector who have […]

UAE’s Gas Cities and Saudi’s Construction Products Company International to develop industrial parks across MENA region

GasCities Limited, a joint venture between UAE’s Crescent Petroleum and Dana Gas, and Saudi Arabian Construction Products Company International (CPC International), announced the formation of a joint venture company that will develop, construct, and operate industrial parks focusing on Middle East, North Africa and South Asia region (MENASA)

Majid Jafar’s BBC Radio-WEF Davos speech

24 January 13 Majid Jafar told BBC’s Today programme business presenter Simon Jack that the growth of unconventional energy sources highlights the need for a “proper long-term strategic energy policy” rather than one which is “just reactive or politically expedient”

Majid Jafar on CNBC at WEF Davos

Majid Jafar, CEO of Crescent Petroleum, tells CNBC that a big problem for the Middle East is that they are consuming too much of their own energy, with consumption up 500% in the last thirty years

Majid Jafar CEO Crescent Petroleum on CNBC Squawk Box

Majid Jafar, CEO of Crescent Petroleum, tells CNBC that a general sense of instability post the Arab Spring has already been factored in to the oil price but there has been no direct impact from the Algerian hostage attack

Crescent unveils big Russia expansion plans

Crescent Group, a UAE-based firm with diversified business interests in the energy and non-energy sector, has announced plans to boost its Russian operations with the closing of two major investment deals in the country

Without a political deal on oil, Iraq cannot fulfil its potential

Hampered by broken promises, unfulfilled potential and worsening governance, 10 years on from the US-led invasion, Iraq has failed to live up to its promise

CNN Reports on Crescent Petroleum Kurdistan Project

Considered an early mover as well as a longstanding solid contributor to the development of Iraq’s energy infrastructure, Crescent Petroleum’s investment in the Kurdistan Region’s Khor Mor field is significant evidence of the country’s booming gas potential

Sharjah Crown Prince opens Crescent Petroleum Offices

HH Sheikh Sultan bin Mohammed bin Sultan Al-Qasimi, Crown Prince and Deputy Ruler of Sharjah, opens the new Crescent House offices in Sharjah accompanied by local officials and in the presence Mr. Hamid Jafar, Mr. Majid Jafar, Mr. Badr Jafar, and Ms. Razan Jafar

Global Energy demand undergoing rapid change

The world’s energy demand is growing with increasing population and rapid development in emerging markets. Today, about 1.1 billion people in the ‘developed’ world, consume 110 million barrels of oil equivalent per day (boe/d) in primary energy. The developing world’s 5.8 billion people consume 140 million boe/d

Crescent Moon Rising

Crescent Petroleum’s President Badr Jafar in Oil & Gas Middle East magazine interview

Crescent Petroleum CEO Majid Jafar on Al-Jazeera International

While attending the Doha Energy Forum, Crescent’s CEO Majid Jafar speaks to Al Jazeera International about the impact of the economic downturn

Dana Gas and Crescent Petroleum Sponsor and Participate in UAE Trade Delegation to Iraq

18 April 13 Dana Gas and Crescent Petroleum are host sponsors for an important 100-person UAE trade delegation to Iraq. “TradeUAE-Iraq” was held from 15th to 17th April in Erbil, under the patronage of the UAE Ministry of Economy and the Kurdistan Regional Government (KRG) of Iraq

Crescent Petroleum CEO Majid Jafar interview in The Gulf magazine, “Stepping on the Gas”

Sharjah-headquartered Crescent Petroleum is the oldest privately-owned independent petroleum company in the Middle East, in a region dominated by national oil companies (NOCs) and global oil majors

Crescent’s CEO in CNN

CNN’s John Defterios interviews Majid Jafar, CEO of Crescent Petroleum, for Market Place Middle East

Dana Gas and Crescent Petroleum Restore full LPG Capacity in Kurdistan

Dana Gas, a local private-sector natural gas company, and Crescent Petroleum, have rebuilt the LPG loading and dispatch facilities at the Kor Mor LPG Plant in Kurdistan Region of Iraq

Targeting new horizons

“We are focusing on our major operations in Iraq and in Sharjah, as well as looking to new areas of expansion in other countries in the Middle East and North Africa [Mena] region and beyond,” Majid Jafar, chief executive of Crescent Petroleum, told Khaleej Times in an interview

Majid Jafar on Dubai Eye’s Business Breakfast

In a radio interview with host Malcolm Taylor, Majid Jafar discusses his outlook on the Middle East’s energy opportunities

Majid Jafar expresses optimism behind energy exports

Jafar expressed that Dana Gas saw real opportunities in Iraq and Egypt, and found cooperation between the parties beneficial to both Dana Gas and the countries themselves

Crescent Petroleum’s CEO Majid Jafar on CNN’s Global Exchange

Majid Jafar comments on Iraq Oil Policy on CNN’s Global Exchange

Majid Jafar on CNBC Europe’s Squawk Box “CEO Call”

CEO of Crescent Petroleum tells CNBC that beneath the instability in Egypt lies a very high percentage of youth unemployment

Majid Jafar elected Deputy Chairman of the Global Energy Initiative

Majid Jafar, CEO of Crescent Petroleum and Vice-Chairman of the Crescent Group of companies, has been elected Deputy Chairman of the Global Energy Initiative (GEI) – the leading international not-for-profit organization

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

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 […]

Majid Jafar on CNBC Access Middle East

Majid Jafar, CEO of Crescent Petroleum, tells CNBC why regional firms, not international conglomerates, have the know-how to navigate in Iraq

UAE’s Crescent Petroleum eyes Africa exploration

Crescent Petroleum, the Middle East’s oldest privately-owned oil and gas company, is considering exploration opportunities in sub-Saharan Africa, CEO Majid Jafar told Arabian Business

Majid Jafar: Corporate governance is vital to long-term wellbeing of company

Majid Jafar, the CEO of Crescent Petroleum, one of the Middle East’s oldest private oil & gas companies, and also the vice-chairman of the Crescent Group, was speaking at the 7th Hawkamah Mena Corporate Governance conference held recently in Dubai

Crescent Petroleum CEO Majid Jafar on CNBC

Majid Jafar, CEO of Crescent Petroleum, shares his views with CNBC on Iran Oil production

Crescent Petroleum CEO listed among top 100 business leaders and Energy CEO of the Year by Amwal Magazine

Amwal Magazine issued a list of the most prominent business leaders of 2013, the names were selected by the Magazine editing team from 100 nominees. After several months of continuous work including surveys and researches about investment strategies, we finally came up with the list of 2013

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

Crescent Petroleum CEO op-ed in Arabian Business Magazine on unemployment in the Arab World

Just over three years ago, Arab youth took to the streets protesting and demanding a better life, a better job and a future that includes dignity and respect. Unfortunately, given the continued regional political instability

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

Crescent Petroleum CEO on CNBC at Davos

Majid Jafar, CEO at Crescent Petroleum, says that while the Middle East has been losing capacity due to political unrest, it remains the region with the most opportunities

Crescent Petroleum President on CNN at Davos

Badr Jafar, President of Crescent Petroleum, discusses Iran’s re-engagement with the business community

The Jafar Brothers: Oil, gas and governance

Badr, 34, and elder brother Majid, 37, are – despite their relatively young age – becoming pillars of the international establishment. One minute, Badr pops up in meetings with Russian president, Vladimir Putin, the next in Morocco, producing a charity single – Tomorrow/Bukra with Motown legend, Quincy Jones. A picture of Majid meeting English royal […]

New campaign challenging Business to commit 20 percent of global CSR spend on Education by 2020

A new campaign, Business Backs Education, challenging business to commit 20 per cent of its global CSR spend on education by 2020 was launched at the Global Education Skills Forum (GESF) in Dubai

Crescent CEO Majid Jafar speaking at the plenary of Global Education and Skills Forum

Crescent CEO Majid Jafar speaking at the plenary of Global Education and Skills Forum said that “The most important resource for any business in any sector anywhere in the world is our human talent. And the best investment in that resource starts always with education.”

Crescent CEO launches Centre for Economic Growth in Abu Dhabi

Business leaders, senior officials and academic experts convened today in the UAE capital for the launch of the Centre for Economic Growth (CEG) in partnership with INSEAD, the leading international business school

Article in The Telegraph by Crescent CEO

Iraq violence demonstrates urgency for a Middle East ‘Marshall Plan’

Crescent CEO interview on Bloomberg TV

Crescent Petroleum Co. Chief Executive Officer Majid Jafar talks about his company’s operations in Iraq amid fighting between the military and Sunni Muslim insurgents

Crescent CEO on CNN Quest means Business

Crescent Petroleum CEO Majid Jafar on what is at stake for Iraq’s oil sector if the conflict in the country escalates

Crescent Petroleum CEO Majid Jafar on CNN Business View

Majid Jafar, the CEO of Crescent Petroleum, explains why oil prices remain at their lowest since 2010

CEO Majid Jafar at WEF Summit in Dubai

CEO Majid Jafar at WEF Summit in Dubai…

UAE-Russia Energy Experts discuss Energy Security in an Era of Market Transformation in Abu Dhabi

Government Officials and Energy CEOs met in Abu Dhabi at the St Petersburg International Economic Forum to discuss the key topics effecting energy security in 2014 and beyond and setting the scene for the Forum’s discussions in their upcoming meeting in St Petersburg in May 2014. Attendees included Suhail Mohamed Faraj Al-Mazrouei, Minister of Energy

Crescent Petroleum CEO calls for urgent regional economic action in Davos

Majid Jafar: “Middle East youth unemployment exceeds 30%” Majid Jafar, CEO of Crescent Petroleum and Vice-Chairman of the Crescent Group. 20th January 2015, Davos – Majid Jafar, CEO of Crescent Petroleum, calls for leaders at this year’s Annual Meeting of the World Economic Forum in Davos to put economic stability in the Middle East on […]

CEO Majid Jafar at Davos on CNBC

CEO Majid Jafar at Davos on CNBC…

CEO Mr. Majid Jafar on Bloomberg TV

CEO Mr. Majid Jafar on Bloomberg TV

Majid Jafar, Crescent Petroleum CEO, discusses Iraq’s oil sector on CNBC

Majid Jafar, Crescent Petroleum CEO, discusses Iraq’s oil sector on CNBC

Majid Jafar, Crescent Petroleum CEO, speaking at the Brookings Doha Energy Forum

Middle East should make energy sector reforms to remain competitive Majid Jafar: “Shale oil & gas revolution in America is positive for our region; oil prices not low by historical standards” Majid Jafar, CEO of Crescent Petroleum and Vice-Chairman of the Crescent Group. The CEO of the Middle East’s oldest private oil & Gas Company […]

Mr. Majid Jafar speaks on Infrastructure plenary panel with Gordon Brown

Mr. Majid Jafar speaks on Infrastructure plenary panel with Gordon Brown:

Mr. Majid Jafar interview on CNBC from the WEF Dead Sea Summit

Mr. Majid Jafar interview on CNBC from the WEF Dead Sea Summit

Infrastructure Investment for Tackling Region’s Youth Unemployment

INFRASTRUCTURE INVESTMENT KEY TO TACKLING YOUTH UNEMPLOYMENT CRISIS Regional Youth Unemployment Now Averages 30% Over $100 billion Annual Infrastructure Spending needed across the MENA Region 2.5 million Additional Jobs could be Created Annually across region Majid Jafar, CEO of Crescent Petroleum and Vice-Chairman of the Crescent Group. Jordan, 24th of May 2015 Majid Jafar, CEO […]

Crescent CEO Discusses Middle East Energy Reform on CNN

Crescent CEO Discusses Middle East Energy Reform on CNN

CEO Majid Jafar speaking to CNN at Davos

Crescent Petroleum’s CEO, Majid Jafar, tells CNN’s Richard Quest why the need for true economic reforms to drive growth and create job opportunities for the youth is greater than ever

Low Oil Prices are an Opportunity for the Middle East

Business leaders from the MENA region gathering at the World Economic Forum in Davos this year are calling for greater economic reforms in the Arab World in order to lower dependence on oil
Crescent Petroleum

“Socio-Economic Benefits Report” for Gas Project in KRI Reveals Significant Impact

Dana Gas – Crescent Petroleum gas project brings large economic and social benefits to Kurdistan Region of Iraq Study by PWC shows US$1.2 billion investment has already enabled fuel cost savings to the KRG of $16 billion and yielded further downstream economic benefits of over US$10 – 15 billion for the Kurdistan Region Dana Gas […]
Majid Jafar, Crescent Petroleum

Crescent Petroleum CEO Sees Oil Reaching $60 This Year

Crescent Petroleum CEO Sees Oil Reaching $60 This Year
Majid Jafar, Crescent Petroleum

Adoption of New Technologies Can Boost Regional Oil & Gas Sector in Face of Global Competition

Crescent Petroleum CEO shares insights on the impact of technology on the region’s energy sector at INSEAD Leaders Forum   Adoption of new technologies can boost the region’s energy sector in output and competitiveness at a time of reduced oil prices and global competition from new suppliers, according to a regional energy executive. Delivering the […]
Samar, Crescent Petroleum

Samar Ghanayem

Senior Supervisor, Learning and Development
Roneil, Crescent Petroleum

Roneil Marty

Senior Operations Coordinator
Anitha Murali, Crescent Petroleum

Anitha Murali

Service & Training Coordinator
Crescent Petroleum

Shakhawan Kamal

Head of Human Resources & Administration, Kurdistan
Amira, Crescent Petroleum

Amira Al Alami

Senior Process Engineer
Crescent Petroleum

KURDISTAN REGION OF IRAQ

Quick Facts

  • Crescent Petroleum and its affiliate, Dana Gas signed agreements in April 2007 with Kurdistan Regional Government of Iraq for  the development of its substantial gas resources, including the launch of the Kurdistan Gas City.
  • Agreements include the development, processing, and transportation of natural gas from the Khor Mor and Chemchemal Gas Fields, in order to provide natural gas supplies to fuel domestic electric power generation plants near Erbil and Suleymania.
  • Gas deliveries to the Erbil Power Station commenced on 1st October 2008 via the 180 km pipeline within a record period of 15 months.
  • The benefits to the Iraqi people include urgently needed electricity to 4 million Iraqi citizens alongside a saving of USD$ 2.5billion per year from displacement of liquid fuel import costs.
Crescent Petroleum

SIR ABU NU’AYR CONCESSION

Quick Facts

  • Situated in the heart of one of the world's major and prolific hydrocarbon basins.
  • The acreage is flanked to the east by Dubai’s Fateh and Rashid oil fields complex, to the north by the Sirri oil field of Iran and to the west by the prolific oil and gas fields of Abu Dhabi.
  • Salt Dome hydrocarbon plays are prevalent throughout the Gulf of Mexico, the North Sea and within the Arabian Gulf.
  • Previous 2-D seismic survey indicates the project's considerable potential.
  • Comprehensive 3D/2D seismic survey design covering the island and the surrounding area of 12 nautical miles were conducted during 2008.
On Shore Sharjah, Crescent Petroleum

ONSHORE SHARJAH CONCESSION

Quick Facts

  • Onshore Sharjah block covers approximately 1243 sq km of acreage near existing gas - condensate fields.
  • The 2D seismic data was acquired by WesternGeco in Q3, 2008.
  • The data indicate significant potential recoverable volumes in line with existing onshore gas condensate field sizes in the Northern Emirates.
  • Crescent completed interpretation of the Thamama horizon and identified several leads and prospects with significant potential recoverable volumes in line with the existing onshore gas – condensate field sizes.
  • Farm-out agreement signed with Rosneft Oil Company early June 2010.
  • Drilling activity started in June 2010, in a project which involves drilling two exploration wells to an estimated depth of 15000 ft.
  • Concession handed over to Government upon expiry of license period
Crescent Petroleum

DANA GAS

As a company, we believe that it takes the right blend of talent to successfully complete the challenging projects that we aspire to deliver. To meet our objectives, we are continuously looking for the right people with innovative ideas and a heartfelt desire to succeed.
Crescent Petroleum

MUBAREK FIELD

Quick Facts

  • Mubarek Field is one of the region’s prolific oil and gas discoveries.
  • Production commenced in 1974.
  • Estimated cumulative production to-date in excess of 100 million barrels of oil.
  • Production facilities have processing capacity of 60,000 bopd of oil and gas export pipelines with export capacity of 150 MMscfpd in place.
  • Capital investment in the Mubarek Field exceeds US$ 500 million with finding and development cost of US$ 2.90 per bbl
  • Concession handed over to Government upon expiry of license period
Crescent Petroleum

GAS SUPPLY PROJECT

Quick Facts

  • UAE Gas Supply Project involves the ownership, transportation, processing, distribution, marketing and sale of natural gas and petroleum products.
  • Crescent Petroleum is a gas resource owner and has rights to existing and future gas supplies, including a supply of gas underpinned by a 25 year agreement with National Iranian Oil Company (NIOC). NIOC is the second largest gas resource holder in the world. Total investment by NIOC to develop the gas reserves and install the infrastructure to-date is in excess of US$ 1.5 billion.
  • Crescent Petroleum through its affiliates has secured long-term agreements for the sale of gas with ultimate end-users in the UAE.
  • US $300 Million investment in the gas sweetening plant and the transmission facilities, which are owned by SajGas and UGTC respectively, both wholly owned subsidiaries of Dana Gas PJSC.
  • Gas deliveries by NIOC were expected to commence in 2008, however, due to further technical issues, the completion of the Iranian facilities to produce and transport the gas to CNGC was delayed. Recent information from NIOC about the status of the Iranian gas facilities to deliver the gas to Crescent Petroleum indicated further delay.
Crescent Petroleum

IRAQ PROJECTS

Quick Facts

  • Crescent Petroleum is the only international oil company to have had a continuous presence in Baghdad for almost 20 years.
  • Crescent Petroleum signed in 2005 a Memorandum of Understanding (MOU) with the Oil Exploration Company (OEC) of Iraq, a division of the Iraqi Ministry of Oil. The agreement covers technical co-operation and training, and includes an exploration and appraisal study on an area assigned for Crescent Petroleum by OEC in southern Iraq.
  • A Joint Steering Committee for technical cooperation has also been set up between Crescent Petroleum and Iraq's Ministry of Oil to facilitate and implement the terms of the MOU.
  • Crescent Petroleum performed detailed studies and conducted negotiations with the Ministry of Oil for the development of the giant Ratawi oil field, in southern Iraq.
Crescent Petroleum

GULF SOUTH ASIA GAS PROJECT

Quick Facts

  • The GUSA Project comprised two main parts, viz the Upstream Development to produce the gas at the source in Qatar, and the Pipeline, which was to transport the gas to Pakistan.
  • The Upstream part included the development of a sector of the North Field of Qatar to produce natural gas of up to 1600 MMscfpd of pipeline quality gas for export to the Pakistan markets.
  • The Pipeline between Qatar and Pakistan, being 1186 kilometers, was to support the economics of a large diameter pipeline project.
  • Total project costs incurred in excess of US $ 30 million.
Yemen, Crescent Petroleum

YEMEN

Quick Facts

  • Concession Holder and Operator for Block 2 and 9 of 4000 sq kms each; Concessions obtained in 1991.
  • International partners : British Gas and Clyde Petroleum of United Kingdom, Louisiana Land & Exploration of USA, Itochu Oil Exploration Co. Ltd and Indonesia Petroleum Ltd of Japan.
  • Exploration work included 2000 kms seismic acquisition, processing, interpretation and drilling of 7 exploration wells.
  • Shows of hydrocarbons found and wells tested oil, but not in commercial quantities. Concessions relinquished.
Pakistan, Crescent Petroleum

PAKISTAN

Quick Facts

  • Concession Holder of 2 blocks in the Potwar Basin of 2000 sq kms; 1986 through 1990.
  • Amoco (now bp) was the joint venture partner, and the exploration work conducted included 782 kms seismic acquisition, processing, interpretation and drilling of an exploration well.
Egypt, Crescent Petroleum

EGYPT

Quick Facts

  • Concession Holder in Western Egypt of 861 sq kms; 1990 through 1992.
  • Exploration work conducted included 200 kms seismic acquisition, processing, interpretation and drilling of an exploration well.
  • Structure containing 60 million barrels of oil identified but with low permeability; well tested at low non-commercial rates.
Montenegro, Crescent Petroleum

MONTENEGRO (FORMERLY YUGOSLAVIA)

Quick Facts

  • Crescent Petroleum in joint venture with Jugopetrol Kotor, obtained exploration rights for Block 1 in the Adriatic Basin of 3830 sq kms. 1973 through 1990.
  • Exploration work included 4,200 kms seismic acquisition, processing, interpretation and drilling of 4 exploration wells.
  • Good potential drilling prospects identified, but due to political turmoil Concession was returned.
Argentina, Crescent Petroleum

ARGENTINA

Quick Facts

  • Crescent Petroleum in joint venture with Golfo Petrolero obtained the Concession in 1981 for a block lying in the Jorge Basin in Argentina for 232 sq kms.
  • Twelve wells were drilled, which resulted in some oil production.
  • Crescent Petroleum subsequently sold its interest to another oil company.
Canada, Crescent Petroleum

CANADA

Quick Facts

  • Crescent Petroleum acquired in 1989 a controlling interest in BRCL, which is a holder of significant oil and gas production and exploration acreage in Canada.
  • In 1990s, Crescent Petroleum sold its interest in BRCL.
UAE, Crescent Petroleum

UAE & OMAN

Quick Facts

  • Technical operator, until 2004, for the license concessions of Ajman, Ras Al Khaimah, Umm Al Quwain held by Atlantis/Sinochem. The work conducted by Crescent Petroleum included drilling of several exploration and appraisal wells.
  • Technical services provider to Novus Petroleum, during 2002-2003, which included the drilling of a discovery well in the shore of the Bukha Field, Offshore Oman.
Majid Jafar

Natural Gas is the Middle East’s fastest growing energy source, says Crescent Petroleum CEO

Majid Jafar shares his insights on the future of energy at the first Atlantic Council Global Energy Forum   Natural gas is set to emerge as the world’s second most important source of energy over the next decade, according to the CEO of the Middle East’s oldest private oil & gas company. “The global gas […]
Majid Jafar

Lack of investment heightens danger of an oil price shock: Crescent Petroleum CEO

Majid Jafar at World Economic Forum

“MENA business executives call for bold economic reform” at The World Economic Forum’s Middle East and North African (MENA) Regional Business Council

18 January 2017, Davos – The World Economic Forum’s Middle East and North African (MENA) Regional Business Council today launched a report outlining six policy reforms to create jobs and stability in the region. “We cannot continue to have one in three young people in our region unemployed. We need to transform our economies to […]
Majid Jafar at Arab Gulf States Institute

Arab Gulf States Institute in Washington hosts CEO Majid Jafar

As part of its new energy roundtable series, AGSIW was pleased to host a roundtable discussion with Majid Jafar, CEO of Crescent Petroleum, in conversation with Roger Diwan, vice president of IHS Financial Services at IHS Markit.
Majid Jafar

Enhanced US engagement on Middle East is positive: Majid Jafar on CNBC

Majid Jafar

UAE as a leader in innovation: Majid Jafar Crescent Petroleum CEO on CNBC

Majid Jafar

Majid Jafar on OPEC compliance on CNBC from WEF Dead Sea Summit

Majid Jafar

Majid Jafar Crescent Petroleum CEO on CNBC discusses outlook for Iraq

Majid Jafar

Majid Jafar discusses cohesion between OPEC and non-OPEC on CNBC

Majid Jafar at World Economic Forum

Majid Jafar Crescent Petroleum CEO Plenary Session at WEF MENA Summit 2017

Majid Jafar at World Economic Forum

Majid Jafar and Iraqi Oil Minister on Energy Session at WEF MENA Summit 2017

Majid Jafar at World Economic Forum

Majid Jafar Crescent Petroleum CEO at Co-Chair Press Conference WEF MENA Summit 2017

Majid Jafar at Bloomberg

VIDEO: Middle East oil reserves under-reported: Crescent Petroleum CEO

Crescent Petroleum

KRG agrees $1bn payment to Dana Gas-led consortium to settle dispute

Majid Jafar at KRG Pearl consortium

KRG and Pearl consortium reach full and final settlement

Settlement Agreement between Kurdistan Regional Government of Iraq (the “KRG”) and (i) Dana Gas PJSC; (ii) Crescent Petroleum Company International Limited; and (iii) Pearl Petroleum Company Limited (“Pearl”); together (the “Consortium”) The KRG and the Consortium, together (the “Parties”), signed a Heads of Agreement on Khor Mor and Chemchemal fields on 4 April 2007 (the […]
Crescent Petroleum

Iraq’s Kurdistan poised for bumper gas growth

Majid Jafar, managing director of the board of UAE-based Dana Gas, told Reuters the consortium would more than double its output levels from the fields as part of the settlement.
Majid Jafar at Amar Foundation

Crescent Petroleum and Dana Gas support healthcare centre for IDPs

Crescent Petroleum’s CEO Majid Jafar said: “At Crescent Petroleum, we aim to empower local communities by not only providing energy solutions to fuel their development, but also by responding to their social and economic needs. Internally displaced people (IDPs) are among the world’s most vulnerable populations but they are often overlooked by international relief efforts, and we are committed and honoured to assist their healthcare needs in partnership with AMAR Foundation.”
Relay for Life

Sharjah prepares for its first Relay for Life

Sharjah: Friends of Cancer Patients (FoCP) announced the support of a cross-section of public and private sector entities, united in the fight against cancer, as Sharjah is preparing to hold the first Relay for Life cancer fund-raiser on November 17 and 18 at the American University of Sharjah.
Majid Jafar at Atlantic Council

Global Warning: Energy Industry Exhorted to Address Climate Change

Majid Jafar, chief executive officer of Crescent Petroleum; Younghoo David Kim, chairman and CEO of Daesung Energy Group and chair of the World Energy Council; Meg Gentle, CEO of Tellurian Inc.; Hunter L. Hunt, chairman and CEO of Hunt Consolidated Energy; and Ayman Asfari, CEO of Petrofac discussed the energy industry’s response to climate change and other major trends facing the sector in 2018 at the Atlantic Council’s Global Energy Forum in Abu Dhabi on January 12.
Majid Jafar

Asia, Middle East to drive gas demand growth, says Crescent Petroleum CEO

Natural gas is still showing strong signs of becoming the world's second most important source of energy over the next decade, according to Majid Jafar, CEO, Crescent Petroleum, the Middle East's oldest private oil and gas company.
Majid Jafar

Oil CEO warns of a shock upwards in prices over the coming months, predicts $80 oil

Speaking at the World Economic Forum (WEF) in Davos, Majid Jafar, CEO of the United Arab Emirates-based oil and natural gas producer, said prices could skyrocket over the coming months if a major producer — such as Venezuela — suffered a significant production outage
Crescent Petroleum

UAE’s Crescent Petroleum says it will more than double Iraq gas output in 3 years

Crescent Petroleum plans to raise its natural gas output in northern Iraq by 80 million cubic feet per day by October.
Majid Jafar

Sharjah’s Changing Energy Landscape to Be Explored in 2018 Report: Majid Jafar

Sharjah’s expanding energy mix and the role earmarked for private sector players in driving the sector forward were among the issues explored by Majid Jafar, CEO of Crescent Petroleum, in an interview he gave recently to the global research and consultancy firm Oxford Business Group (OBG).
Majid Jafar, Crescent Petroleum

Press release – Gas Sales Agreement with KRG

10-year Gas Sales Agreement Signed between Pearl Petroleum and KRG Pearl Petroleum, the company consortium led by Crescent Petroleum and Dana Gas of the UAE, has signed a 10 year Gas Sales Agreement (GSA) with the Kurdistan Regional Government (KRG) to supply and sell the additional quantities of gas that it plans to begin producing […]
GSA Signing Ceremony, Crescent Petroleum

Zawya – Reuters coverage on GSA with KRG

The GSA was signed on 30th January 2018 by the KRG Minister of Natural Resources Dr. Ashti Hawrami, CEO of Crescent Petroleum Mr. Majid Jafar and CEO of Dana Gas Dr. Patrick Allman-Ward, to enable an increase in delivered gas production from the Khor Mor Field by an anticipated 80 million cubic feet of sales gas per day before the end of 2018

Drilling Supervisor – Kurdistan

Senior Drilling Supervisor – Kurdistan

Senior Drilling Engineer – United Arab Emirates

Friends of Cancer patients (FOCP) at Crescent Petroleum

FOCPs’ Ana-vation Campaign Raises Awareness on Paediatric Cancers at SCRF

Sharjah24: Friends of Cancer patients (FOCP), UAE based non-profit organisation, is raising awareness on the early detection of paediatric cancers through its Ana-vation School Championship at the Sharjah Children’s Reading Festival
Bidding against all odds Crescent Petroleum

Bidding Against All Odds

Iraq managed to award 6 out of 11 exploration block and gas field in its fifth bid round, despite the rushed organisation which kept big players such as Exxon Mobil, Total and Lukoil away despite showing earlier interest.
Majid Jafar

New investment models are needed to boost MENA oil & gas competitiveness, Crescent CEO tells OPEC Seminar

Private sector can be an important partner in meeting $320 billion in oil and gas investment in coming years, Majid Jafar tells OPEC ministers and industry leaders.
OPEC International Seminar, Vienna, Austria

New investment models needed to boost Mena oil and gas competitiveness

Majid Jafar CEO of Crescent Petroleum, and Board Managing Director of Dana Gas.
Majid Jafar

Oil CEO claims industry needs ‘another Iraq’ to satisfy demand

Speaking at the OPEC meeting in Vienna, Austria, Majid Jafar, CEO of the United Arab Emirates-based oil and natural gas producer, said it was clear that too much industry cash was going out in dividends when firms need to be building more infrastructure.
Majid Jafar

Crescent Petroleum CEO Says $60 – $80 Oil Meets Everyone’s Needs

Majid Jafar, chief executive officer at Crescent Petroleum, discusses the impact of prices and costs on the oil industry, oil consumption and demand, and what he sees for the future of the industry. He speaks on "Bloomberg Surveillance."
Majid Jafar

Oil needs another Iraq to satisfy demand, CEO says

Majid Jafar, CEO of Crescent Petroleum, discusses the global energy market.
Majid Jafar at Crescent and Dana Gas 10th Anniversary Celebration

Dana Gas and Crescent Petroleum Announce 30% Gas Production Increase in Kurdistan Region

Khor Mor Field produces 400mmscfd gas and 15,000 bbls/day condensate Pearl Petroleum plans expansion as it marks a decade of production in KRI Dana Gas, the Middle East’s leading publicly-listed regional natural gas company, and its partner Crescent Petroleum, have announced achievement of a 30% increase in production capacity at the Khor Mor field in […]
Majid Jafar at EMIR

Majid Jafar on How leaders build winning teams

Majid Jafar, CEO at Crescent Petroleum, provides tips to leaders on how they can build winning teams in MENA. He also explains why having cultural awareness is so important in MENA.

Associate Finance – United Arab Emirates

Petrophysicist – United Arab Emirates

Sr. Commercial Analyst – United Arab Emirates

Natural Gas is the fuel for 21 century

Why natural gas is the fuel of the 21st century

Heavy storms, brush fires and other extreme weather events are putting the effects of greenhouse gas emissions into stark focus and causing increasing concern over climate change. In December, the National Climate Assessment, issued by several US federal agencies, estimated that greenhouse gas emissions are already leading to rapid climate change which will only grow […]
Majid Jafar at Atlantic Council 2019

Switching electricity generation from coal to natural gas helps cut carbon emissions: Crescent Petroleum CEO

Policy makers worldwide have a proven solution for cutting carbon emissions by switching electricity generation from coal and oil to natural gas, Majid Jafar, CEO of Crescent Petroleum, told an audience of energy ministers and industry leaders meeting in Abu Dhabi yesterday.
Majid Jafar Abu Dhabi Super Olympics 2019

Crescent Petroleum becomes sponsor of Abu Dhabi Special Olympics

UAE-based Crescent Petroleum has signed a Memorandum of Understanding (MoU) with the local organising committee of the Special Olympics World Games Abu Dhabi 2019 to sponsor the event in March, the company announced on Sunday.
Majid Jafar on Oil Prices 2019

Oil CEO says prices are more likely to hit $90 than $40 during 2019

Oil prices should sit around the $60 to $80 a barrel range throughout 2019 with volatility set to remain in the energy markets, Crescent Petroleum’s chief executive told CNBC Thursday.
Majid Jafar at World Economic Forum

The Great Energy Race

Well Testing and Completions Engineer – Kurdistan

Majid Jafar KRI Exclusive Interview

The current state and future of KRG’s natural gas

Majid Jafar, Managing Director of the Board at DANA Gas, the biggest private sector natural gas company in the Middle East, says that “natural gas is the fuel of the 21st century and plays an important part in reducing carbon footprint as a cleaner fuel and in supplying power generation and industry.”
FOCP

FOCP’s Ana-vation School Championship Targeting Childhood Cancers Announces Teacher Training in 2019 Edition

Sharjah-based cancer charity Friends of Cancer Patients (FOCP) launched the second edition of its annual Ana-vation School Championship at the University City Hall recently to raise awareness on paediatric cancers among the UAE youth. The four-month championship features 150 students, aged 11 and above, from fifteen participating schools, who will gather in teams to use […]
Rare Disease Day 2019

Dubai marks Rare Disease Day

Dubai, 3rd March, 2019 (WAM) — High Hopes Pediatric Therapy Centre in Dubai, in partnership with Al Jallilah Children’s Specialty Hospital and the UAE Genetic Diseases Association, have marked Rare Disease Day 2019 with a family event on Meraas Kite Beach, Dubai.
KhorMor Plant

Crescent Petroleum and Dana Gas to Increase Gas Production from Khor Mor Field by 63% within Two Years

20-year Gas Sales Agreement Signed between Pearl Petroleum and KRG Additional 250 MMscf/day in gas sales to fuel local power plants Plans underway for gas production from Khor Mor Field to reach 650 MMscf/day by 2021 and 900 MMscf/day by 2022 Total current production reaches 106,000 BOEPD Pearl Petroleum Company Limited (“Pearl Petroleum”), the Consortium […]

Senior Production Technologist

Majid Jafar

Oil & Gas Middle East Power 50 2019

It has been a whirlwind year for the regional oil and gas industry. Watching the market intently from our perch, Oil & Gas Middle East has seen the slips, successes and surprises that have kept oil and gas companies on their toes this year. In our Power 50 list, we tally all of these up […]

Senior Workover and Completions Engineer