“We look to the future with great optimism, aspiring to expand the Crescent Group’s operations worldwide.”

Our 45-year track record as an international operator spans eight countries and four continents, with current operations in Iraq and the United Arab Emirates (UAE), and significant interests in Egypt.  Our journey as a company is inextricably linked to our offshore discoveries in the Mubarek Field in 1972, a landmark project that catapulted both Crescent Petroleum and Sharjah onto the international oil and gas scene.

While Abu Dhabi and Dubai discovered oil in 1958 and 1966 respectively,Sharjah’s production commenced in 1974, following our discoveries. Since then, we have witnessed the tremendous growth of this emirate, and are proud to have played a meaningful role in its development. Setting the world record at the time, Crescent Petroleum had the Mubarek Field in full production within 13 months of its discovery, at a rate of over 60,000 barrels per day.

Crescent Petroleum remains deeply committed to the Emirate of Sharjah and the UAE as a whole. We retain two exploration projects in the country: the Sharjah Onshore Concession, which we have held since 2008, and our offshore concession in Sharjah’s Sir Abu Nu’ayr island.

Beyond our interests in the oil and gas sector, Crescent Group through its other subsidiary Crescent Enterprises also operates across a diverse range of sustainable businesses in the fields of ports and logistics, power and engineering, business aviation, , private equity and business incubation.