Blacksands Pacific
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 | |
| 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]