Majid Jafar, Chief Executive for Sharjah-based Crescent Petroleum has announced plans to expand their operations in Iraq. Mr. Jafar was quoted in the National recently, “what we see in the region is the potential is much higher than what we’ve achieved so far.”
About Crescent Petroleum:
Crescent Petroleum has been operating as a regional upstream and midstream oil and gas company for over forty-five years. It began its activities in the early 1970’s as the first regional, independent, privately-owned Middle Eastern petroleum company to engage in the acquisition, exploration and development of petroleum concessions and the production and sale of crude oil, petroleum products and natural gas. Since that time, our diverse international operations in a wide range of conditions have have brought valuable experience as an upstream petroleum company.