Crescent Petroleum | Egypt Oil & Gas

Dana Gas, Crescent Petroleum Sign Gas Supply Deals from Chemchemal Field

Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and Crescent Petroleum, the oldest private oil & gas company in the Middle East, alongside their partners in the Pearl Petroleum Co...

Dana Gas, Crescent Petroleum Launch KM250 Gas Expansion Project Ahead of Schedule in Iraq’s Kurdistan Region

Dana Gas, the Middle East’s leading natural gas company, and Crescent Petroleum, the region’s oldest private upstream oil and gas firm, announced the official launch of the commercial gas sales from the KM250 gas expa...

Dana Gas, Crescent Petroleum Achieve 50% Increase in Gas Production from KRI

Dana Gas and Crescent Petroleum announced that they have achieved 50% growth in natural gas production from their field “Khor Mor” located in the Kurdistan Region of Iraq (KRI) reaching 452 million standard cubic feet...

Pearl Petroleum Receives $250m for Expansion Project in Kurdistan

Pearl Petroleum Company Limited (“Pearl Petroleum”), the consortium led by Dana Gas and Crescent Petroleum of the UAE, has signed a $250 million financing agreement with the US International Development Finance Corpor...

Dana Gas, Crescent Petroleum Resume Khor Mor Expansion Project

Dana Gas along with its partner Crescent Petroleum have resumed the expansion project at the Khor Mor (KM) field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate on behalf of the Pearl Petrol...

El Molla Participates in WEF’s Energy Work Group

Tarek El Molla, Minister of Petroleum and Mineral Resources, participated in the World Economic Forum’s (WEF) fifth meeting of the Regional Energy Work Group in the Middle East and North Africa (MENA) region to discus...

Crescent Petroleum to Reduce Gas Flaring

Crescent Petroleum is seeking to further reduce its already low levels of gas flaring from operations, according to Emirates News Agency (WAM). The company has managed to bring down its flaring rate to about 0.7% of p...

UAE’s Crescent to Double Gas Production in KRI

The UAE-based Crescent Petroleum is setting a strategy to double natural gas production in the Kurdistan Region of Iraq (KRI) over the next two or three years, according to Majid Jafar, the company’s CEO, and board me...

Pearl Petroleum to Expand in Iraqi Kurdistan

Pearl Petroleum plans to increase its investments in the Kurdistan Region of Iraq (KRI), according to Patrick Allman-Ward, Dana Gas CEO, Reuters reported. The investment funds will include bank debt and bond issuance ...

Dana Gas, Crescent Ink Gas Deal with Iraq’s KRG

A consortium led by Dana Gas and Crescent Petroleum has inked a gas sales deal with the Kurdish Regional Government (KRG) to increase gas output by 63% in two years, Reuters reported. The 20-year agreement will “enabl...

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