BP Energy Partners (BPEP) is merging Dallas, TX-based Blue Roads Solutions, and Conroe, TX-based Thigpen Solutions, creating an innovative, full-service, leading player in the virtual pipeline industry. The name of the newly combined firm will be Sapphire Gas Solutions.
Sapphire will be based in Conroe, TX, and will be led by Thigpen founder and CEO Sam Thigpen. Justin Cordon, a BPEP operating executive and the current Chief Operating Officer of Blue Roads, has been tapped as Chief Integration Officer for Sapphire.
The merger marks a commitment to comprehensively meet and anticipate the growing demands of customers. Combining the two companies leverages each organization’s ability to provide near-term and long-term supplies of both compressed natural gas (CNG) and liquefied natural gas (LNG) along with offering a host of turn-key solutions that enable customers and utilities to gain the maximum economic and environmental advantages of natural gas.
“A core value proposition in merging these companies is creating one of the largest natural gas solutions providers serving the oil and gas sector, utilities, industrial companies, asphalt and aggregate producers, and remote power generation installations across the U.S.,” said Alex Szewczyk, managing partner at BPEP.
“This expands the capabilities of the two firms from regional delivery to a nationwide presence, with our promise of best-in-class service,” said Sam Thigpen, CEO of Sapphire Gas Solutions. “We will offer a greater set of solutions to our diverse and expanding customer base. Additionally, by combining these two service-oriented companies, we can create opportunities for operational efficiencies.”