Pearl Petroleum Company

Pearl Petroleum is a 5-company consortium comprised of the two leading independent Middle Eastern oil and gas companies Dana Gas and Crescent Petroleum, partnered with three major European energy companies OMV, MOL and RWE.
Pearl Petroleum was founded in 2009 as the company assigned with the interests of its joint operators Dana Gas and Crescent Petroleum. Later that year, OMV of Austria and MOL of Hungary, two major European energy companies, each became 10% shareholders in Pearl Petroleum.
The consortium has more recently welcomed RWEST of Germany, who had also acquired a 10% share in the company in 2015.