Majid Jafar | |
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Majid Jafar at Chatham House |
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Alma mater | Eton College Cambridge University, London University (SOAS) Harvard Business School |
Occupation | Energy sector |
Organization | Crescent Petroleum |
Majid Jafar (Arabic version مجيد حميد جعفر ) born in 1976 is a United Arab Emirates (UAE) businessman of Iraqi origin. He is the CEO of Crescent Petroleum.[1] the Middle East's oldest private oil and gas company, headquartered in the UAE and with offices in the UK and Internationally. He is also Vice-Chairman of the Crescent Group of Companies, which includes interest in energy, transportation, logistics, private equity and real estate sectors, and a member of the Board of Directors of Dana Gas (PJSC), the first regional, private sector integrated natural gas company in the Middle East, in which Crescent Petroleum is the largest shareholder.[1]
Together, Crescent Petroleum and Dana Gas have recently invested over $850 million in the oil and gas sector in Iraq's Kurdistan region,[2] producing over 300 million cubic feet of gas and 14,000 barrels of condensate per day and enabling almost continuous electricity in the main cities in Iraq's Kurdistan region.[3]
Jafar is seen as a leading expert on Middle East oil and gas exploration and production,[4] specifically around the Kurdistan region and the challenges facing production in Iraq.[5] He has also been a commentator on the oil and gas sector [2] and energy policy in the Gulf region [6] and has written on the economic challenges in the Arab World, [7] the development of the UAE [8] and the geopolitics of oil and gas in the Caspian Region.[9].
Previous to joining Crescent Petroleum and the Crescent Group of companies in 2004, Jafar spent several years working at Shell with Shell International’s Exploration & Production and Gas & Power Divisions in London.[10]
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Majid Jafar attended Eton College and graduated from Cambridge University (Churchill College) with Bachelor and Master’s degrees in Engineering (Fluid Mechanics and Thermodynamics). He also holds an MA (with Distinction) in International Studies and Diplomacy from the University of London’s School of Oriental and African Studies(SOAS), and an MBA (with Distinction) from Harvard Business School, where he served as president of the Energy Club, Section Senator, and representative to the Harvard Graduate Council.[11]
Majid Jafar is the eldest son of Hamid Jafar, founder of Crescent Petroleum and the Crescent Group, and is a grandson of Dr. Dhia Jafar, a prominent politician and Cabinet Minister in the last decade of Iraq’s monarchy[12] during the reign of King Faisal II until 1958. He is elder brother to Badr Jafar, businessman and social entrepreneur, who is supporting the CEO and overseeing business development, and CEO of Crescent Investments, which covers the Crescent Group's non-oil and gas companies and investments.
In addition to his professional commitments, Majid Jafar serves on the board of the Arab Forum for Environment and Development (AFED), the Sharjah Chamber of Commerce, the Sharjah Expo, the Iraq Energy Institute, the Iraqi-British Friendship Society and the New Leaders of the International Institute of Education (IIE). He is also an active member of the Royal Institute for International Affairs (Chatham House) in London, and the Young Arab Leaders (UAE Chapter).