Global Energy Initiative: Key role for Crescent Petroleum CEO

Updated 04 September 2013
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Global Energy Initiative: Key role for Crescent Petroleum CEO

Majid Jafar, CEO of Crescent Petroleum, described as the Middle East’s oldest private oil and gas company, and vice chairman of the Crescent Group of companies, has been elected deputy chairman of the Global Energy Initiative (GEI), a major international not-for-profit organization with the mission of promoting sustainable energy for all to fight energy poverty, protect the environment, and mitigate the effects of climate change.
Headquartered at UN Plaza in New York, the GEI aims to tackle the issue of energy poverty in the poorest countries of the world, and has as its mission to create “a new energy paradigm that will contribute to more equitable economic and social development — to the benefit of humanity in general — and to the developing and least developed countries in particular.”
Majid Jafar, who is also MD of the board of Dana Gas PJSC and a board member of the Sharjah Chamber of Commerce, was elected deputy chairman of the GEI by the board of directors of the international organization, which includes former ministers and UN officials, leading academics, experts and corporate CEOs.
According to Jafar, one of the most important elements of GEI’s work is its dedication to the broader principles and guidelines adopted by the UN for achieving the sustainable development goals (SDGs), which will contribute to the success of “2014-2024: The Decade of Sustainable Energy for All” — a historical effort by the international community to fight energy poverty and strengthen global energy security, while protecting the environment and mitigating the effects of climate change.

Majid Jafar, CEO of Crescent Petroleum and deputy chairman of the GEI, said: “Like food, shelter, and medicine, access to affordable energy for all people must be viewed as an international objective that will require cooperation and coordination on a global scale to achieve in a sustainable manner that encourages development.”
Among its other activities, the GEI will be hosting the Global Conference on Energy Sustainability and Security at UN Headquarters in New York on Dec. 11 and 12, in partnership with governments from across the world.
The conference will help to establish the vision, priorities, and action plans necessary for creating a new global sustainable energy paradigm that will contribute to more equitable economic and social development, benefiting all nations and people, strengthening the role of public-private partnerships, and promoting understanding between developed and developing countries on energy policies, technology transfer, and sharing best practices.


Bahri’s maritime solutions on show

Updated 20 February 2019
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Bahri’s maritime solutions on show

Saudi shipping company Bahri is demonstrating its commitment to advancing the growth of maritime industry and improving security in the logistics business at the International Defense Exhibition (IDEX) and Naval Defense and Maritime Security Exhibition (NAVDEX).

The events are being held under the patronage of Sheikh Khalifa bin Zayed Al-Nahyan, president of the UAE and supreme commander of the UAE Armed Forces in Abu Dhabi from Feb.17-21.

Khaled bin Hussain Biyari, assistant minister of defense — executive affairs; General Awwad Eid Al-Balawi, director general of Saudi Arabian Border Guards; and other officials visited Bahri’s booth during the events.

As part of its participation, Bahri is showcasing its maritime capabilities and innovation-driven solutions at the largest defense expo in the Middle East. The company is also highlighting its unmanned surface vessels (USVs) at its booth. Powered by MAP Pro technology, which transforms any vessel into an autonomous one, Bahri’s USVs are capable of numerous applications, including gathering data, surveillance and reconnaissance. In addition, the vessels offer significant cost savings and reduce human workload in high-risk operations. 

Bringing together more than 1,310 specialized companies from 62 countries, both events offer a strategic business platform for exhibitors to present their latest naval, maritime and coastal security technology, equipment and crafts, and explore partnership opportunities with local and international companies. 

Abdullah Aldubaikhi, CEO of Bahri, said: “Events such as IDEX and NAVDEX provide a unique opportunity to gather new insights into new security technologies that can help companies thrive in a safe and secure trade. With Saudi Arabia being at the forefront of efforts aimed at maintaining stability and security in the region, maritime security is a key focus area for the Kingdom.” 

Aldubaikhi added: “Bahri’s presence at IDEX and NAVDEX 2019 is part of our strategy to further strengthen our offerings to enhance the Kingdom’s maritime capabilities and support its transformation as the world’s leading logistics hub. The exhibition also provides us with an excellent platform to connect with our customers and explore new partnership opportunities that will further drive our ambitious expansion plans.”

Bahri Logistics, one of the five business units within Bahri and one of the top 10 breakbulk carriers in the world, operates six new state-of-the-art multipurpose vessels that are capable of carrying different types of cargo, including project, ro-ro, breakbulk, equipment, and container cargo.