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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 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, Iraq, Iraqi businessman Hamid Jafar its Chief executive officer, CEO is Majid Jafar. History Crescent Petroleum's emerge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Majid Jafar
Majid Hamid Jafar (Arabic مجيد حميد جعفر; born 1976) is an Iraqi businessman based in the UAE and the CEO of Crescent Petroleum, the Middle East's oldest privately held oil and gas company. He is vice-chairman of the Crescent Group and managing director of Dana Gas (PJSC). In 2014, he was named one of the world's 50 most influential Arabs by Middle East Magazine. Early life and career Majid Jafar is the eldest son of Hamid Jafar, founder of Crescent Petroleum and chairman of the Crescent Group. He is the grandson of Iraqi Dhia Jafar Sayyid 'Dhia JafarHashem al-Musawi (Arabic: ضياء جعفر هاشم الموسوي; 1910–1992) was an Iraqi engineer and statesman who held various ministerial positions during the monarchy in Iraq. He was closely connected to Nuri Al-Said ..., politician and cabinet minister who served in the last decade of Iraq's monarchy, during the reign of King Faisal II until 1958. The Jafar family is a notable Iraqi family that claims agn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sharjah (city)
Sharjah (; ar, ٱلشَّارقَة ', Gulf Arabic: ''aš-Šārja'') is the third-most populous city in the United Arab Emirates, after Dubai and Abu Dhabi, forming part of the Dubai-Sharjah-Ajman metropolitan area. Sharjah is the capital of the eponymous emirate. The emirate shares legal, political, military and economic functions with the other emirates of the UAE within a federal framework, although each emirate has jurisdiction over some functions such as civil law enforcement and provision and upkeep of local facilities. Sharjah has been ruled by the Al Qasimi dynasty since the 18th century. The city is a centre for culture and industry, and alone contributes 7.4% of the GDP of the United Arab Emirates. The city covers an approximate area of 235 km2 and has a population of over 800,000 (2008). The sale or consumption of alcoholic beverages is prohibited in the emirate of Sharjah without possession of an alcohol licence and alcohol is not served in hotels, restaura ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Oil (Iraq)
The Ministry of Oil ( ar, وزارة النفط) is the Iraqi government agency responsible for Iraqi petroleum. The Minister of Oil since May 2020 is Ihsan Abdul Jabbar Ismail. Establishments * North Oil Company (NOC) * South Oil Company (SOC) * Petroleum Research & Development Center (PRDC) * Baiji Oil Training Institute (BAJOTI) * Basrah Oil Training Institute (BASOTI) * Kirkuk Oil Training Institute (KOTI) * Baghdad Oil Training Institute (BOTI) * Heavy Engineering Equipments Company (HEESCO) * South Refineries Company (SRC) * Midland Refineries Company (MRC) * North Refineries Company (NRC) * Gas Filling Company (GFC) * Midland Oil Company (MDOC) * South Gas Company (SGC) * North Gas Company (NGC) * Missan Oil Company (MOC) * Iraqi Drilling Company (IDC) * Oil Products Distribution Company (OPDC) * State Organization for Marketing of Oil (SOMO) * Oil Pipelines Company (OPC) * Iraqi Oil Tankers Company (IOTC) * Oil Exploration Company (OEC) * State Company f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barrel Of Oil Equivalent
The barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (, or ) of crude oil. The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ... reserves and production into a single measure, although this energy equivalence does not take into account the lower financial value of energy in the form of gas. The U.S. Internal Revenue Service defines a BOE as equal to 5.8 million BTU. (, about [Higher heating value, HHV], or about .) The value is necessarily approximate as various grades of oil and gas have slightly different heating values. If one considers the lower heating value instead of the higher heating value, the value ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sulaymaniyah
Sulaymaniyah, also spelled as Slemani ( ku, سلێمانی, Silêmanî, ar, السليمانية, as-Sulaymāniyyah), is a city in the east of the Kurdistan Region of Iraq, not far from the Iran–Iraq border. It is surrounded by the Azmar, Goizha and Qaiwan Mountains in the northeast, Baranan Mountain in the south and the Tasluja Hills in the west. The city has a semi-arid climate with very hot dry summers and cold wet winters. From its foundation Sulaymaniyah was always a center of great poets, writers, historians, politicians, scholars and singers, such as Nalî, Mahwi, and Piramerd. The modern city of Sulaymaniyah was founded in 1784 by the Ottoman-Kurdish prince Ibrahim Pasha Baban, who named it after his father Sulaiman Pasha. Sulaymaniyah was the capital of the historic principality of Baban from 1784 to 1850. History The region of Sulaymaniyah was known as ''Zamua, Zamwa'' prior to the foundation of the modern city in 1784. The capital of the Kurdish people, Kurdish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erbil
Erbil, also called Hawler (, ar, أربيل, Arbīl; syr, ܐܲܪܒܹܝܠ, Arbel), is the capital and most populated city in the Kurdistan Region of Iraq. It lies in the Erbil Governorate. It has an estimated population of around 1,600,000. Human settlement at Erbil may be dated back to the fifth millennium BC. At the heart of the city is the ancient Citadel of Erbil and Mudhafaria Minaret. The earliest historical reference to the region dates to the Third Dynasty of Ur of Sumer, when King Shulgi mentioned the city of Urbilum. The city was later conquered by the Assyrians. In the 3rd millennium BC Erbil was an independent power in its area. It was conqureed for a time by the Gutians. Beginning in the late 2nd millennium BC it came under Assyrian control. Subsequent to this, it was part of the geopolitical province of Assyria under several empires in turn, including the Median Empire, the Achaemenid Empire (Achaemenid Assyria), Macedonian Empire, Seleucid Empire, Armenian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baghdad
Baghdad (; ar, بَغْدَاد , ) is the capital of Iraq and the second-largest city in the Arab world after Cairo. It is located on the Tigris near the ruins of the ancient city of Babylon and the Sassanid Persian capital of Ctesiphon. In 762 CE, Baghdad was chosen as the capital of the Abbasid Caliphate, and became its most notable major development project. Within a short time, the city evolved into a significant cultural, commercial, and intellectual center of the Muslim world. This, in addition to housing several key academic institutions, including the House of Wisdom, as well as a multiethnic and multi-religious environment, garnered it a worldwide reputation as the "Center of Learning". Baghdad was the largest city in the world for much of the Abbasid era during the Islamic Golden Age, peaking at a population of more than a million. The city was largely destroyed at the hands of the Mongol Empire in 1258, resulting in a decline that would linger through many c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egypt
Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediterranean Sea to the north, the Gaza Strip of Palestine and Israel to the northeast, the Red Sea to the east, Sudan to the south, and Libya to the west. The Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital and largest city of Egypt, while Alexandria, the second-largest city, is an important industrial and tourist hub at the Mediterranean coast. At approximately 100 million inhabitants, Egypt is the 14th-most populated country in the world. Egypt has one of the longest histories of any country, tracing its heritage along the Nile Delta back to the 6th–4th millennia BCE. Considered a cradle of civilisation, Ancient Egypt saw some of the earliest developments of writing, agriculture, ur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Casing (borehole)
Casing is a large diameter pipe that is assembled and inserted into a recently drilled section of a borehole. Similar to the bones of a spine protecting the spinal cord, casing is set inside the drilled borehole to protect and support the wellstream. The lower portion (and sometimes the entirety) is typically held in place with cement. Deeper strings usually are not cemented all the way to the surface, so the weight of the pipe must be partially supported by a casing hanger in the wellhead. Casing that is cemented in place aids the drilling process in several ways: * Prevents contamination of fresh water well zones. * Prevents unstable upper formations from caving in and sticking the drill string or forming large caverns. * Provides a strong upper foundation to allow use of high-density drilling fluid to continue drilling deeper. * Isolates various zones, which may have different pressures or fluids, in the drilled formations from one another. * Seals off high pressure zones ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Asia
South Asia is the southern subregion of Asia, which is defined in both geographical and ethno-cultural terms. The region consists of the countries of Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.;;;;;;;; Topographically, it is dominated by the Indian subcontinent and defined largely by the Indian Ocean on the south, and the Himalayas, Karakoram, and Pamir mountains on the north. The Amu Darya, which rises north of the Hindu Kush, forms part of the northwestern border. On land (clockwise), South Asia is bounded by Western Asia, Central Asia, East Asia, and Southeast Asia. The South Asian Association for Regional Cooperation (SAARC) is an economic cooperation organization in the region which was established in 1985 and includes all eight nations comprising South Asia. South Asia covers about , which is 11.71% of the Asian continent or 3.5% of the world's land surface area. The population of South Asia is about 1.9 billion or about one- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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