We are pleased to present the Crescent Petroleum Sustainability Report for 2018-19, Energy with Impact, which outlines our achievements across our core sustainability principles.

Since our start in 1971, Crescent Petroleum leveraged its understanding of the Middle East to promote cleaner energy and social sustainability. We aim to be enablers who leverage our people, technology, and know-how to help solve some of the Middle East’s key energy challenges for the betterment of the region and its people. That vision informs and focuses our sustainability efforts across our operations in the UAE, Iraq, and beyond.

A pillar of that effort is unlocking the potential of natural gas in the Middle East, where more than 42 per cent of the world’s proven gas reserves lie, and Crescent Petroleum is proud to have played a pioneering role in the regional gas sector for over thirty years.

Through our partnerships with the Global Summit in Abu Dhabi and the Middle East Energy Summit with the Royal Institute of International Affairs,
Chatham House, in London, we have added our voice to the important global energy debate on sustainability from our region’s perspective while allowing us to present positive practical solutions to some of the major energy challenges our region currently faces.

Another pillar is investing in our communities and our people. In 2018 we established Social Performance as a strategic driver for our business moving forward, and on the ground, we have supported causes and programmes that empower communities through better education and healthcare, as well as by providing direct support through delivery of water and electricity to surrounding communities.

Crescent Petroleum has grown and thrived through its people, who have always gone above and beyond what is expected of them. In turn, we continually invest in our staff through training programmes and wellness efforts to help them grow and lead.

We see a bright future for the Middle East region and its people despite all of today’s challenges, we recognise that investing in Social Performance and the well-being of our communities and stakeholders is central to our future success.

We are therefore proud of the progress we have achieved so far, and are mindful that there is more to be done as we continue our sustainability journey. We hope you find this report insightful and helpful to understanding Crescent Petroleum and what drives us, and invite you to join us on
our sustainability journey.

Majid Jafar
Chief Executive Officer