Company type | Private |
---|---|
Industry | Oil and Gas |
Headquarters | Los Angeles and Houston , |
Area served | Africa, Southeast Asia, Americas |
Key people | Raheem J. Brennerman, Executive Chairman and Executive Committee Chair |
Number of employees | 1001-5000 |
Website | www |
The Blacksands Pacific Group is an international energy corporation with expertise and focus in upstream oil and gas (exploration & production); integrated gas & power; energy trading; and clean energy. [1] The company is a global player with core focus on emerging and frontier markets and assets in Africa, Southeast Asia and the Americas. The company also transports, stores, purchases and markets crude oil, natural gas & LNG, petroleum products and power. The Executive Chairman and Chair of the Executive Committee is Raheem J. Brennerman.
Blacksands Pacific was founded in 2010 by Raheem J. Brennerman, an experienced investor with interests in energy and real estate. [2] [3] Originally an energy trading company marketing crude oil and petroleum products, the company expanded to focus on exploration and production. Blacksands Pacific now also transports, stores, purchases and markets crude oil, natural gas, natural gas liquids and bitumen. [4]
In September 2011, Blacksands Pacific entered into a commercial partnership with Sigmund Oilfields Limited, a Nigerian indigenous oil & gas exploration and production company, to explore, develop and produce oil from offshore the Niger Delta, but later withdrew. [5] [6]
In October 2011, the company formed a joint venture with Oil and Gas Technology Fund Inc to develop the Torrance Field acreage located in the Los Angeles Basin, California and explore and develop other prospects in Nevada. [7]
In February 2012, Blacksands Pacific invested in a joint venture to develop the oil prospects within the Williston Basin Prospect, in North Dakota. [8]
Operating in nine countries, Blacksands Pacific has announced that it is investing significantly in E&P and midstream oil and gas projects in Nigeria and Côte d'Ivoire, and has entered into joint ventures in mining and infrastructure projects, including a project to regasify and distribute liquified natural gas (LNG) in Africa. [9] [10] [11] During an interview with LEADERS magazine in October 2014, Mr. Brennerman revealed that Blacksands Pacific had experienced significant growth, especially in exploration and production, but that it was divesting its smaller interest assets in order to focus on larger assets that the company was acquiring, such as assets in the Gulf of Mexico that are expanding to produce over 100,000 barrels by 2019. [12]
TotalEnergies SE is a European multinational integrated energy and petroleum company founded in 1924 and is one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale chemicals manufacturer.
China Petroleum and Chemical Corporation, or Sinopec Group, is a Chinese oil and gas enterprise based in Chaoyang District, Beijing. The SASAC administers China Petroleum and Chemical Corporation for the benefit of State Council of the People's Republic of China. China Petroleum and Chemical Corporation operates a publicly traded subsidiary, called Sinopec, listed in Hong Kong and Shanghai stock exchanges. China Petroleum and Chemical Corporation is the world's largest oil refining conglomerate, state owned enterprise, and second highest revenue company in the world behind Walmart.
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The sale was completed on 15 February 2016. Prior to the takeover, BG Group was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. In the 2015 Forbes Global 2000, BG Group was ranked as the 583rd largest public company in the world.
The China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2022 Fortune Global 500, a global ranking of the largest corporations by revenue.
Eni S.p.A., acronym for and formerly legally known as Ente nazionale idrocarburi, is an Italian multinational energy company headquartered in Rome. It is considered one of the "supermajor" oil companies in the world, with a market capitalization of €50 billion, as of 31 December 2023. The Italian government owns a 30.5% golden share in the company, 1.99% held through the Ministry of Economy and Finance and 28.5% through the Cassa Depositi e Prestiti. The company is a component of the Euro Stoxx 50 stock market index.
Murphy Oil Corporation is an American energy company engaged in hydrocarbon exploration headquartered in Houston, Texas.
Oil India Limited (OIL) is a central public sector undertaking engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. The central public sector undertaking is a Maharatna, with the Ministry of Petroleum and Natural Gas overseeing its operations. Headquartered in Duliajan, Assam, the company has its offices in Duliajan, Noida, Guwahati and Jodhpur.
Shell Australia is the Australian subsidiary of Shell. Shell has operated in Australia since 1901, initially delivering bulk fuel into Australia, then establishing storage and distribution terminals, oil refineries, and a network of service stations. It extended its Australian activities to oil exploration, petrochemicals and coal mining, and became a leading partner in Australia's largest resource development project, the North West Shelf Venture.
The Abu Dhabi National Oil Company, known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE).
QatarEnergy, formerly Qatar Petroleum (QP), is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. The President & CEO is Saad Sherida al-Kaabi, Minister of State for Energy Affairs. The company's operations are directly linked with state planning agencies, regulatory authorities, and policy making bodies. Together, revenues from oil and natural gas amount to 60% of the country's GDP. As of 2018 it was the third largest oil company in the world by oil and gas reserves. In 2022, the company had total revenues of US$52bn, a net income of US42.4bn, and total assets of US$162bn. In 2021, QatarEnergy was the fifth largest gas company in the world.
Mitsui & Co., Ltd. is one of the largest sogo shosha in Japan; it is part of the Mitsui Group.
Shaanxi Yanchang Petroleum Group is a Chinese conglomerate mainly engaged in the exploration, production, transportation, and sale of petroleum and natural gas, and in addition the production and sales of petrochemical products. Founded in 1905, it is the fourth largest oil producer in the country. Almost all its reserves and refineries are located in Shaanxi.
Heritage Oil is an independent Jersey-based oil and gas exploration and production company. Its activities are focused on Africa, the Middle East and Russia. In June 2014, the company was acquired by a fund owned by the former chief executive of Qatar's sovereign wealth fund.
RAG Austria AG (RAG) is the largest gas storage operator and thus energy storage company in Austria. The company focuses its business activities on the storage of natural gas and other gaseous energy and the development of green-gas technologies. With a total storage capacity of more than six billion cubic meters of natural gas, RAG contributes to the security of supply of Austria and Central Europe. RAG operates the Haidach gas storage facility in joint ventures with Gazprom Export and Wingas as well as the 7Fields gas storage facility together with Uniper. In addition RAG operates its own storage facilities at Puchkirchen/Haag, Haidach 5, Aigelsbrunn, 7Fields(RAG). The production and use of gas as fuel are also business areas of RAG.
Coastal Corporation was a diversified energy and petroleum products company headquartered at 9 Greenway Plaza in Greenway Plaza, Houston, Texas. The company was founded in 1955 by Oscar Wyatt and incorporated in 1955 as Coastal States Gas Producing Company. It merged with the El Paso Corporation in 2001. As of 1999, Coastal was a Fortune 500 company with 13,300 employees and annual revenues of $8.2 billion.
OQ, formerly known as Oman Oil Company, is an energy investment company headquartered in Muscat, Oman. It is a wholly owned subsidiary of the Government of Oman through the Oman Investment Authority state-owned enterprise.
China National Offshore Oil Corporation, or CNOOC Group, is the third-largest national oil company in China, after CNPC and China Petrochemical Corporation. The CNOOC Group focuses on the exploitation, exploration and development of crude oil and natural gas in offshore China, along with its subsidiary COOEC.
Raheem Jefferson Brennerman is an Energy and Real Estate business magnate, entrepreneur and philanthropist. He currently serves as the Chairman and Chair of the Executive Committee for RJB Capital Holdings and its core businesses, The Blacksands Pacific Group, BSP Technologies and BLV Group Corporation. He is also the Chair & Co-Trustee for Brennerman Family Foundation Trust and the principal of Brennerman Family Holdings and The House of Brennerman Holdings.
Aiteo is Africa’s largest privately-owned integrated energy company. It is involved in various aspects of the energy sector, including oil and gas exploration, production, refining, and marketing. Aiteo operates in West and Southern Africa.
Tourmaline Oil is a Canadian energy company engaged in the exploration, development, and extraction of crude oil and natural gas. It is headquartered in Calgary, Alberta in Canada. A major natural gas producer, it became the largest natural gas producer in Canada in 2021. It is also the first Canadian oil and gas exploration and development company to directly engage in the liquified natural gas business.