Who owns Crescent Petroleum?
Who owns Crescent Petroleum?
Hamid Jafar
Hamid Jafar is the Founder and Chairman of the Crescent Group of companies. The Crescent Group includes Crescent Petroleum and Crescent Enterprises, the non-energy division of the Group, which together operate a variety of regional and international commercial ventures.
How big is Crescent Petroleum?
Company Description: CRESCENT PETROLEUM is located in Erbil, Iraq and is part of the Support Activities for Mining Industry. CRESCENT PETROLEUM has 92 total employees across all of its locations and generates $12.94 million in sales (USD). (Employees and Sales figures are modelled).
Who owns Iran oil companies?
Ministry of Petroleum
National Iranian Oil Company
| Owner | Iranian government (100%) |
| Number of employees | 87,500 (2018) |
| Parent | Ministry of Petroleum |
| Subsidiaries | NISOC IOOC ICOFC NIDC NICO NITCO |
| Website | en.nioc.ir |
Is oil in Iran’s nationalized?
After the death of Razmara, the Majlis began the process of nationalizing the Iranian oil industry. On March 15, 1951, legislation to nationalize the oil industry was passed by the Majlis with a majority of votes. On March 17 the Majlis verified the nationalization of Iran oil industry and the AIOC was nationalized.
Who originally controlled Iran’s oil?
The Anglo-Persian Oil Company continued its large Persian operations although it changed its name to the AIOC in 1935. In spite of diversification the AIOC still relied heavily on its Iranian oil fields for three-quarters of its supplies, and controlled all oil in Iran.
What is Crescent Petroleum Company?
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).
Where are the Crescent Petroleum oil concessions in Iraq?
In April 2018, during Iraq’s fifth bidding round, the Government of Iraq awarded Crescent Petroleum three oil and gas concessions, Gilabat-Qumar and Khashim Ahmer-Injana in Diyala Governorate and Khidhr Al Mai in the south of Iraq.
How many companies are in the Crescent Group?
More than 25 companies are part of the Crescent Group, with Crescent Petroleum and Crescent Enterprises being the two major and controlling subsidiaries.
Who is the largest private energy investor in Iraq?
In the Kurdistan Region of Iraq, Crescent Petroleum and affiliate Dana Gas are the largest private energy investor, having invested over USD 1.32 billion and producing over 1,000 metric tonnes of LPG and 14,000 barrels of condensate per day. It supplies power to the major cities of the Kurdistan Region of Iraq.
https://www.youtube.com/watch?v=sFnsRvkRq8s
