Crescent Petroleum

Crescent Petroleum is the first and largest private upstream oil and gas company in the Middle East. Founded in 1971, Crescent Petroleum is headquartered in the Emirate of Sharjah, United Arab Emirates (UAE), with current operations in both the UAE and the Kurdistan Region of Iraq (KRI). As of 2023, Crescent Petroleum and the Iraqi Ministry of Oil have signed three twenty-year contracts as the company focus it efforts in aiding the redevelopment of Iraq.

Crescent Petroleum
IndustryOil and gas
Founded1971
Headquarters
Sharjah
,
United Arab Emirates
Area served
Middle East
Key people
  • Hamid Jafar (Group Chairperson)
  • Majid Jafar (Chief Executive Officer)
  • Badr Jafar (President)
ServicesOil and gas exploration, production, and transport
Websitewww.crescentpetroleum.com

Crescent Petroleum is also the founding and largest shareholder in Dana Gas, the first and largest publicly listed private-sector natural gas company in the Middle East.

The company is a subsidiary of Crescent Group, a diversified family business that includes Crescent Enterprises, a multinational company headquartered in the UAE, as the other main subsidiary. Crescent Petroleum's chairperson and founder is, Iraqi businessman Hamid Jafar its CEO is Majid Jafar.

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