Crescent Petroleum executive wins CEO award

Badr Jafar wins young CEO of the year at awards ceremony in Dubai

Badr Jafar, the executive director of the Sharjah-based Crescent Petroleum with his award.
Badr Jafar, the executive director of the Sharjah-based Crescent Petroleum with his award.

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Badr Jafar, the executive director of the Sharjah-based Crescent Petroleum has been recognised as the young CEO of the year at the CEO Middle East magazine awards held at Dubai’s Grosvenor House hotel last night.

Jafar, 30, won the award in recognition of his role as the CEO of the Crescent Petroleum subsidiary, Crescent Investments, an investment firm with operations and interests in a multitude of industries. He is also the executive chairman of Gas Cities LLC, a joint venture between Crescent Petroleum and Dana Gas, and is chairman of Pearl Petroleum, a joint venture between Crescent Petroleum, Dana Gas, OMV of Austria and MOL of Hungary.

"I very much appreciate the recognition from other members of the business community and my peers in the region, especially considering the great many leaders and exemplary CEOs in our community,” Jafar told ArabianOilandGas.com

“[I] am very fortunate to work within an environment that encourages entrepreneurship and excellence on many different levels," he added.

Jafar was the only winner among the 14 business leaders honoured at the ceremony that works exclusively in the oil & gas industry.

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