the view from heti

Meet Cemvita's new VP of industrial biotechnology

Dr. Nádia Skorupa Parachin has been named Cemvita’s new VP of Industrial Biotechnology. Photo via HETI

Houston-based biosolutions company Cemvita has announced a new addition to its leadership team that will further advance the company’s mission to transform the sustainable oil industry.

Dr. Nádia Skorupa Parachin has been named Cemvita’s new VP of Industrial Biotechnology. Joining Cemvita from Ginkgo Bioworks in Boston, where she held the role of Senior Director of Principal Organism Engineering, Parachin brings extensive expertise in synthetic biology, bioprocess development and strategic leadership.

Prior to her tenure at Ginkgo Bioworks, she spent nine years as a professor at the Universidade de Brasília and co-founded the Brazilian start-up Integra Bioprocessos, which is dedicated to developing biotechnological pathways that yield high-value products.

Parachin’s addition to the Cemvita team coincides with the company’s intensified focus on commercializing its capability to manufacture bio-oil from carbon waste. Cemvita has recently achieved a major milestone, now producing up to 500 barrels of sustainable oil per day—reaching the target years ahead of the original projection set for 2029. In her role, Parachin will continue their innovative work, advancing microbial productivity efficiency.

“Cemvita has built an incredible waste carbon to oil process by training microbes with peak efficiency,” said Cemvita CEO Moji Karimi in a statement. “Adding Nadia’s experience is the natural next step in commercializing this remarkable science. Her background prepared her to bring the best out of the scientists at the inflection point of commercialization – really bringing things to life.”

Echoing this enthusiasm, Parachin expressed her excitement about her new role at Cemvita.

“I’ve joined Cemvita to lead the team working on developing and improving the technologies for our bio-oil production,” she stated. “It’s a fantastic moment as we’re poised to take our prototyping to the next level, and all under the innovative direction of our co-founder, Tara Karimi. We will be bringing something truly remarkable to market and ensuring its cost effective.”

Parachin’s role comes at a strategic time, following Cemvita’s recent announcement of a significant partnership with United Airlines. Under this agreement, Cemvita will provide United with up to 50 million gallons of Sustainable Aviation Fuel (SAF) derived from CO2 annually over the next 20 years. The company’s energy transition subsidiary, Gold H2, has also recently formed a significant partnership with ChampionX. This collaboration aims to advance Gold H2’s technology designed to produce hydrogen from depleted or uneconomical oil reservoirs.

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This article originally ran on the Greater Houston Partnership's Houston Energy Transition Initiative blog. HETI exists to support Houston's future as an energy leader. For more information about the Houston Energy Transition Initiative, EnergyCapitalHTX's presenting sponsor, visit htxenergytransition.org.

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A View From HETI

Devon Energy will buy Houston-based Coterra Energy. Photo via Coterra Energy

Oklahoma City, Oklahoma-based Devon Energy has agreed to buy Houston-based Coterra Energy in a $21.5 billion all-stock deal, forming an energy powerhouse that will be headquartered in Houston. The combined company, boasting an enterprise value of $58 billion, will adopt the Devon brand name.

Revenue for the two publicly traded companies totaled nearly $18.8 billion in the first nine months of 2025. Devon is a Fortune 500 company, but Coterra doesn’t appear in the most recent ranking.

The deal, already approved by the boards of both companies, is expected to close in the second quarter of 2026. Once the transaction is completed, Devon shareholders will own about 54 percent of the combined company and Coterra shareholders will own 46 percent.

“This transformative merger combines two companies with proud histories and cultures of operational excellence, creating a premier shale operator,” says Clay Gaspar, Devon’s president and CEO.

The combined company will be one of the world’s largest shale producers, with third-quarter 2025 production exceeding 550 thousand barrels of oil per day and 4.3 billion cubic feet of gas per day. A significant presence in the Delaware Basin, encompassing hundreds of thousands of acres, will anchor the company’s operations. The 10,000-square-mile Delaware Basin is in West Texas and southeastern New Mexico.

The new Devon also will operate in the Permian Basin, located in West Texas and New Mexico; Marcellus Shale, located in five states in the East; and Anadarko Basin, located in the Texas Panhandle, Colorado, Kansas, and Oklahoma.

Gaspar will be president and CEO of the combined company, and Tom Jorden, chairman, president, and CEO of Coterra, will be non-executive chairman.

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