(MENAFN) Crescent petroleum, The Middle East's oldest private oil and gas company, is set to thrive again in MENA region, focusing on Al-Sharjah and Iraq, reported Khaleej times. The energy company, which has played an essential role since its establishment in 1971 in petroleum acquisition, exploring and development, has also plans to expand and strengthen its position in Lebanon, Yemen and East Africa. It's worth mentioning that Crescent was established on the same year as UAE as an operating company in Sharjah, and has successfully grew over the 40 years in the MENA region.