UAE-based Crescent Petroleum has invested over $3 bln in Iraq: CEO

UAE-based Crescent Petroleum has invested over $3 bln in Iraq: CEO

United Arab Emirates-based energy firm Crescent Petroleum has invested over $3 billion in Iraq, its chief executive said on Tuesday. “We have invested over $3 billion in Iraq over the last 10 years and that rate is increasing,” Majid Jafar said, speaking on a panel at a conference in Abu Dhabi.

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United Arab Emirates-based energy firm Crescent Petroleum has invested over $3 billion in Iraq, its chief executive said on Tuesday.

“We have invested over $3 billion in Iraq over the last 10 years and that rate is increasing,” Majid Jafar said, speaking on a panel at a conference in Abu Dhabi.