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In February 2009, Dana Gas and Crescent Petroleum transferred their participating interests to Pearl Petroleum Company Limited, a joint venture company owned equally by Dana Gas and Crescent Petroleum. [3] Later that year, OMV of Austria and MOL of Hungary, two major European energy companies, each became 10% shareholders in Pearl Petroleum.
The Pearl GTL is a gas to liquids (GTL) plant based in Ras Laffan, Qatar. It converts natural gas into liquid petroleum products. It is the largest GTL plant in the world. [1] [2] The first commercial shipment from the Pearl GTL was made on 13 June 2011. [3] Pearl GTL received the 2021 "Asset of the Year" award by Shell. [4]
Dana Gas PJSC is a publicly traded natural gas company, based in Sharjah, United Arab Emirates (UAE). Incorporated and listed on the Abu Dhabi Securities Exchange in 2005, Dana Gas is the largest non-government owned natural gas company in the Middle East, with operations in Egypt, Iraqi Kurdistan, and the UAE.
It hosts among others ORYX GTL and Pearl GTL plants, QatarEnergy LNG plants, and the Dolphin gas processing plant, the Laffan Refinery, and Ras Laffan A, B, and C integrated water and power plants. With an enclosed water area of approximately 4,500 hectares Ras Laffan Port is the largest artificial harbour in the world and contains the world's ...
In 1985, the group made a successful bid for the majority shares of Pakistan Services Limited, which then owned four Inter-Continental Hotels across Pakistan, the hotels were re-branded into Pearl-Continental Hotels. [2] In 1995, Hashoo acquired the US-based corporation Occidental Petroleum's Pakistan operations (now known as Orient Petroleum ...
Most petroleum consumed in Australia was imported but, between 1865 and 1952, various companies made a small proportion locally, from oil shale. Deposits of coorangite, a resilient rubber-like organic-rich sediment derived from lacustrine algae, found in the Coorong , were mistaken for oil seepages, and led to abortive attempts to find oil in ...
Badr Jafar is the president of Crescent Enterprises' sister company Crescent Petroleum, chairman of Pearl Petroleum which develops natural gas assets in the Kurdistan Region of Iraq, and chairman of the executive board of the port operator Gulftainer. [14] [7]
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