Crescent Petroleum develops energy infrastructure that supports reliable electricity, resilient economies, and long-term growth across the Middle East.
Crescent Petroleum is the Middle East’s oldest and largest privately held upstream oil and gas company, with over 80% of production from cleaner-burning natural gas.
Crescent Petroleum has helped displace liquid fuels with natural gas in the Kurdistan Region of Iraq, avoiding more than 63.1 million tonnes of CO₂e emissions since 2008.
Over US$3.9 billion invested in Iraq to deliver reliable power to over 8 million people, helping to create 47,000+ cumulative direct and indirect job years, and enhancing government services.
Delivering dependable infrastructure that supports reliable electricity.
Enabling economic development, industrial productivity, and regional stability.
Operating critical infrastructure with safety, accountability, and stewardship.
For more than 50 years, Crescent Petroleum has been a pioneer in the MENA energy sector. As a privately owned upstream and midstream company, we develop and operate complex gas infrastructure with efficiency and long-term commitment to energy security.
Crescent Petroleum advances sustainability through four pillars: environmental stewardship, community impact, workforce safety, and employee empowerment. These pillars guide operational excellence and responsible growth as we deliver reliable, cleaner-burning natural gas.
Crescent Petroleum is the largest private investor and producer of natural gas in Iraq. We supply gas that supports the majority of the KRI’s electricity generation through the Khor Mor field, while advancing plans to expand domestic supply in Diyala and Basra Governorates.
Pearl Petroleum operates the Khor Mor gas plant through an international consortium. Crescent Petroleum and Dana Gas each hold 35% and serve as joint operators, alongside OMV (10%), RWE (10%), and MOL (10%), combining regional leadership with global energy expertise.
Crescent Petroleum’s Executive Committee provides strategic oversight across operations in the UAE and Iraq. With decades of international energy experience, the ExCom sets direction, allocates capital, manages risk, and ensures disciplined execution aligned with long-term objectives.
For more than 55 years, Crescent Petroleum has developed and operated complex gas infrastructure. Our technical expertise, operational discipline, and long-term commitment enable affordable, reliable energy delivery while supporting regional energy security.
Our sustainability approach reflects the scale of our contribution beyond delivering cleaner-burning natural gas. From supporting electricity generation for millions of people to investing in local communities, and reducing emissions, we focus on delivering measurable, lasting impact.
Crescent Petroleum is the largest private investor and producer of natural gas in Iraq. With headquarters in the UAE, we supply gas that supports most of the KRI’s electricity generation through the Khor Mor field, while advancing expansion plans in Diyala and Basra Governorates.
Pearl Petroleum operates the Khor Mor gas plant through an international consortium, combining regional leadership with global energy expertise. Crescent Petroleum and Dana Gas serve as joint operators, and each hold 35%, alongside OMV (10%), RWE (10%), and MOL (10%).
Crescent Petroleum’s Executive Committee provides strategic oversight of the company. With decades of international energy experience, the Committee sets direction, allocates capital, manages risk, and ensures disciplined execution aligned with long-term objectives.
80% of what we produce is natural gas.
1,300+ employees from 48 nationalities.
Our reliable supply of natural gas supports Iraq’s essential services and the wider economy.
Natural gas from our operations powers electricity for more than 8 million people.
US$38.3 billion saved by the KRI Government so far by displacing diesel with cleaner-burning natural gas.
24-hour electricity now reaches over 85% of KRI’s population.
US$3.9 billion invested in energy infrastructure since 2008.
63.1 million tonnes of CO₂e avoided in the KRI since 2008, equivalent to removing 14.7 million cars from the road for one year.
130,000 m³ fresh-water reservoir created that captures seasonal rainwater.
Long-term gas sales agreements signed with cement producers in Bazian and steel producer in Erbil, marking major milestone Gas deliveries...
AI and data centres set to drive global electricity demand above 1,000 terawatt-hours by 2030, placing unprecedented pressure on existing...
Regional gas production projected to grow by 30% by the end of the decade, equivalent to adding the entire consumption...
Crescent Petroleum CEO Majid Jafar said the giant Emirati energy firm has achieved a major milestone with the launch of...
Artificial intelligence has been called the engine of the new global economy. Yet while AIfeels virtual, its foundations are intensely...
Drilling, construction and commissioning completed eight months ahead of schedule Project adds 250 MMscf/d of new gas processing capacity, raising...