Ten young professionals have been named to the Offshore Technology Conference's 2025 Emerging Leaders class. Photo via Linkedin.

Four Houston professionals have been named to the Offshore Technology Conference's 2025 Emerging Leaders class.

The group of 10 represents individuals with less than 10 years of experience who have "demonstrated exceptional talent, commitment, and promise as future leaders in the offshore energy sector," according to a release from OTC. They were recognized at the annual conference, which was held May 5-8 at NRG Center.

Each year, Emerging Leaders are selected by the previous year’s group and are members of an OTC sponsoring, endorsing or supporting organization. While a number hail from the Houston area, this year's group is comprised of energy professionals from all over the world.

“This year’s leaders have a clear passion for the industry, are eager to play a role in its future, and serve as inspiration to others through their exemplary commitment to excellence and pursuit of new horizons.” Alex Martinez, chair of the OTC Board, said in a news release.

The 2025 Houston-area Emerging Leaders include:

  • Ellen Reat Wersan, an exploration geoscientist at Chevron
  • Brooke Polk, vice president-accreditation operations at the International Association of Drilling Contractors
  • Zheng Fan, assistant professor in the mechanical engineering technology department at the University of Houston
  • Scott Pisarik, lead materials and corrosion engineer at Chevron

Other recipients included:

  • Yingda Lu, assistant professor in the petroleum and geosystems engineering department at The University of Texas at Austin
  • Olusola Komolafe, project engineer at Geosyntec Consultants Inc.
  • Gabriel Correa Perocco, project manager at MODEC do Brasil
  • Sridhar Krishnamoorthy, senior research fellow and PhD research scholar at the Indian Institute of Technology Madras Chennai India
  • Daniel Toerner, technical sales engineer at Bardex Corp.
  • Olawale Ajayi, reservoir engineer at NNPC Limited

OTC concluded last week and brought together energy professionals, policymakers and scholars from more than 100 countries while showcasing more than 1,000 companies. Sessions featured prominent energy execs, including Oxy president and CEO Vicki Hollub from Houston and Brazil-based Petrobras' president Magda Chambriard. According to OTC, the event has generated $1.6 billion in income for Houston’s economy since 2010.

"From the latest technology to generation-changing policy discussions, this year’s success reflects the industry’s commitment to shaping the future of energy, advancing innovations and fostering global collaboration," Martinez added in a statement.

OTC 2026 will take place May 4-7, 2026, at NRG Center in Houston.

With an estimated $3 billion impact on the local economy, OTC 2024 featured a 1,300-company showcase as well as over 50 sessions. Photo via OTC/LinkedIn

55th annual OTC concludes with over 30,000 attendees, reported $3B impact on Houston economy

recap

That's a wrap on Offshore Technology Conference, which took place at NRG Park from Monday, May 6, to Thursday, May 9. The 55th annual conference welcomed over 30,000 participants from 107 countries to discuss the evolving offshore energy sector.

"It was inspiring to see the global energy community come together to discuss and partner in solutions that will shape a sustainable future," Alex Martinez, chair of the OTC board, says in a news release. "As the world’s population continues to grow and require more energy, there is no other event that provides attendees with more diverse conversations focused on the latest developments needed to accelerate the global energy mix.”

With an estimated $3 billion impact on the local economy, the four-day event featured a 1,300-company showcase as well as over 50 sessions, including panels, fireside chats, and networking events. Many of these sessions included thought leadership from Houston professionals overseeing energy transition initiatives at their respective companies.

Click here to read a round up of four fireside chats discussing clean energy, the future of work, and more.

In fact, OTC returned its Energy Transition Pavilion for 2024 to highlight innovative solutions within energy transition, which included geothermal energy, rig electrification, and the role of AI and data analytics. Additionally, the event featured its Offshore Wind Thread across three days of discussion.

OTC honored two sets of honorees throughout the week too. Three Distinguished Achievement Award recipients were honored at a reception ahead of the official conference and nine young professionals were named as the 2024 Emerging Leaders cohort on May 7.

The organization has already committed to returning to Houston next year. OTC 2025 will take place May 5 to 8, again at NRG Center.

Photo via OTC/LinkedIn

OTC’s annual Emerging Leaders program recognizes professionals with less than 10 years of experience in the offshore energy sector. Photo via LinkedIn

OTC names Houston professionals to 2024 class of emerging leaders

big winners

Nine people with ties to the Houston area have been named emerging leaders in the energy industry by the Offshore Technology Conference (OTC).

OTC’s annual Emerging Leaders program recognizes professionals with less than 10 years of experience in the offshore energy sector.

“This year's recipients embody the essence of what it means to be a young professional,” Alex Martinez, chair of the OTC board, says in a news release.

“Their commitment to excellence, relentless pursuit of knowledge, and unwavering passion for their work have set them apart. They have not only excelled in their field but have also shown remarkable leadership qualities, inspiring those around them to push beyond boundaries and explore new horizons.”

The 2024 honorees were recognized May 7 during an OTC ceremony at NRG Center. This year’s honorees with ties to the Houston area are:

  • Rebecca Caldwell, an exploration geologist at Chevron.
  • Jinbo Chen, associate professor in the School of Naval Architecture Ocean and Civil Engineering at China’s Shanghai Jiao Tong University, Shanghai, China. He is a former staff drilling engineer at Houston-based Shell USA.
  • Pankaj Goel, a projects adviser at Spring-based ExxonMobil.
  • Mejdi Kammoun, a principal engineer at the Houston-based American Bureau of Shipping.
  • Mathilde Luycx, a petrophysicist for the technology and engineering business of Spring-based ExxonMobil.
  • J. Michael Renning, an engineer at the Houston-based American Bureau of Shipping.
  • Jian “Jason” Shi, an assistant professor of engineering technology, electrical engineering, and computer engineering at the University of Houston.
  • Yan Wang, an advanced technology development engineer for the technology and engineering business of Spring-based ExxonMobil.
  • Luz Zarate, a marine technology research engineer at Houston-based Shell International Exploration and Production.

In a UH news release, Shi explains that his research centers on safety concerns associated with energy transition in the industry’s offshore sector.

Shi hopes his work helps share a future “where our world is powered by an abundance of innovative energy sources, where technology coexists harmoniously with nature, and where humanity embarks on bold adventures into uncharted territory.”

Work done by Kammoun, a UH alumnus, at the American Bureau of Shipping zeroes in on developing marine and offshore safety regulations and requirements for shipping of energy storage and generation systems.

“My aspirations have always centered around contributing to a safer, greener world,” Kammoun says. “Whether through innovative technologies, sustainable practices or policy advocacy, my dream remains unwavering: to leave a lasting positive impact on our planet.”

In a series of fireside chats, Houston energy leaders took the stage at OTC to discuss what their companies are doing in the energy transition space. Photo via LinkedIn

4 Houston energy execs sound off on future workforce, collaboration, and more at OTC

overheard

In addition to the massive exhibit floor, networking, and panels, the 2024 Offshore Technology Conference hosts thoughtful fireside chats with energy leaders throughout the ongoing conference taking place in Houston this week.

Four energy leaders from Houston took the stage to discuss what their companies are doing within the energy transition. Take a look at what topics each of the conversations tackled.

Chris Powers, vice president of CCUS at Chevron New Energies, on energy evolution and collaboration

Chris Powers introduced Chevron New Energies, an organization within Chevron that launched in 2021, to the crowd at OTC, describing the entity's focus points as CCUS, hydrogen, offsets and emerging technology, and renewable fuels — specifically things Chevron believes it has the competitive advantage.

One of the things Powers made clear in his fireside chat is that it's not going to be one, two, or even three technologies to significantly move the energy transition along, "it's going to take all the solutions to meet all the growing energy needs," he said.

And, he continued, this current energy transition the world is in isn't exactly new.

"We've been evolving our energy supply since the dawn of man," he said. "Our view is that the world has always been in an energy evolution."

"Hydrocarbons will continue to play a huge role in the years to come, and anyone who has a different view on that I think isn't being pragmatic," he continued.

Chevron has played a role in the clean energy market for decades, Powers said, pointing out Chevron Technology Ventures, which launched in the 1990s.

"No one can do this alone," he said, pointing specifically to the ongoing Bayou Bend joint venture that Chevron is working on with Equinor and TotalEnergies. "We have to bring together the right partners and the right skill sets."

Celine Gerson, group director, Americas, and president at Fugro USA, on the importance of data

Celine Gerson set the scene for Fugro, a geo data and surveying company that diversified its business beginning in 2015 to account for the energy transition. From traditional oil and gas to renewables, "it starts with the geo data," she said during her chat. She said big projects can't map out their construction without it, and then, when it comes to maintaining the equipment, the geo data is equally important.

Another message Gerson wanted to convey is that the skill sets from traditional offshore services translate to renewables. Fugro's employee base has evolved significantly over the past few years, and Gerson said that 50 percent of the workforce was hired over the past five years and 85 percent of the leadership has changed in the past seven.

Agility is what the industry needs, Celine Gerson said, adding that the "industry need to move fast and, in order to move fast, we need to look at things differently.

Attilio Pisoni, CTO of oilfield services and equipment at Baker Hughes, on the future workforce

In addition to the world making changes toward sustainability, the energy industry is seeing a workforce evolution as well, Attilio Pisoni said during his fireside chat, adding that inspiring a workforce is key to retention and encouraging innovation.

"We have a challenge in attracting young people," Pisoni said. "To be successful, you have to have a purpose."

That purpose? Combating climate change. And that, Pisoni said, needs to be able to be quantified. "As a society over all, we need to have a standard of measurement and accuracy in reporting," he said.

To future engineers, Pisoni emphasized the importance of learning outside your specific niche.

"Having seen where the world is now, whatever you study, have a concept and understanding of the system as a whole," he said.

Erik Oswald, vice president of advocacy and policy development at ExxonMobil Low Carbon Solutions, on transferable skills from upstream

When he looks at renewables and new energy, Erik Oswald said he sees a significant similarity for the talent and skill sets required in upstream oil and gas.

"A lot of the same skills are coming into focus" within the energy transition," Oswald said, specifying CCS and upstream.

Even in light of the transferrable workforce, the industry faces needs to grow its workforce in a significant way to keep up with demand — and keeping in mind the younger generations coming onto the scene.

"We're talking about recreating the entire oil and gas industry," Oswald said on preparing the workforce for the future of the energy industry. "We have to do it, it's not an option."

Here's what you need to know before you go out to the event, which will take place Monday, May 6, to Thursday, May 9. Photo via NRG Park

Know before you go: Offshore Technology Conference 2024

things to know

An annual conference that showcases technology for the offshore energy business is taking over Houston's NRG Park for the majority of the week.

Here's what you need to know before you go out to the event, which will take place Monday, May 6, to Thursday, May 9.

Attend the Distinguished Achievement Awards on Sunday, May 5

OTC's annual awards reception, the Distinguished Achievement Awards, will kick off the week on May 5. The three award honorees for OTC 2024 have been named and will be honored at the event. Click here to learn more about this year's honorees.

Visit the Energy Transition Pavilion 

The Energy Transition Pavilion will feature panels and presentations about the future of sustainability in the energy industry. The programming takes place Monday through Wednesday, and the exhibit is located at NRG Center in Hall C.

Zoom in on offshore wind

This year, OTC is featuring a dedicated thread to offshore wind technology. A mix of panels, keynotes, and technical presentations, the programming will take place over Monday through Wednesday.

Don't miss the exhibition hall

Over a thousand companies will be exhibiting at OTC this year, and the hall can be a bit overwhelming. Check the program or the map online to see who's exhibiting and where to find them.

Catch the three university showcases 

OTC's University R&D Showcase will feature three schools — the University of Houston, Texas A&M International University, and the University of São Paulo. You can find each university's booth open all four days of OTC.

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CultureMap Emails are Awesome

Report shows geoscientists earn largest salary premium in Texas

Career Day

A move to Texas bolsters earnings for some, and a new SmartAsset study has revealed the top professions where the median annual earnings in the Lone Star State exceed the national median.

The report, "When it Pays to Work in Texas — and When It Doesn’t," published in April, analyzed over 700 occupations to determine which have the biggest "Texas premium" — meaning jobs where the price-adjusted median annual pay in Texas most exceeds the national median for the same occupation — and which jobs have the biggest “Texas penalty,” where the statewide median annual pay falls furthest below the national median. Salaries were sourced from the U.S. Bureau of Labor Statistics (BLS) and adjusted for regional price parity.

According to the report's findings, geoscientists have the biggest "Texas premium" and make a $159,903 median annual salary. Texas' salary for geoscientists is 61 percent higher than the national median for the same position (after adjusting for regional price parity).

"Texas’s large petroleum industry helps explain why employers in the state retain so many geoscientists," the report's author wrote. "In fact, the Lone Star State is home to more geoscientists than any other state except California."

There are more than 3,600 geoscientists working in Texas, SmartAsset said.

These are the remaining top 10 occupations with the biggest "Texas premiums" (salaries are price-adjusted):

  • No. 2 – Commercial pilots: $167,727 median Texas earnings; 37 percent higher than the national median
  • No. 3 – Sailors: $67,614 median Texas earnings; 36 percent higher than the national median
  • No. 4 – Aircraft structure assemblers: $83,519 median Texas earnings; 35 percent higher than the national median
  • No. 5 – Ship captains: $108,905 median Texas earnings; 27 percent higher than the national median
  • No. 6 – Nursing instructors (postsecondary): $100,484 median Texas earnings; 26 percent higher than the national median
  • No. 7 – Tax preparers: $63,321 median Texas earnings; 25 percent higher than the national median
  • No. 8 – Chemists: $104,241 median Texas earnings; 24 percent higher than the national median
  • No. 9 – Health instructors (postsecondary): $128,680 median Texas earnings; 22 percent higher than the national median
  • No. 10 – Engineering instructors (postsecondary): $129,030 median Texas earnings; 22 percent higher than the national median
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This article originally appeared on CultureMap.com.

Solar manufacturer expands Houston footprint with new 4-gigawatt factory

coming soon

Houston-based SEG Solar plans to open a new 4-gigawatt solar module manufacturing facility in Cypress.

The facility represents more than a $200 million investment and will raise SEG's total annual U.S. module production capacity to approximately 6 gigawatts, according to a new release. The expansion is part of SEG’s long-term goal of becoming one of the largest 100 percent U.S.-owned module manufacturers.

The new 500,000-square-foot facility will be located on Telge Road and is expected to create 800 new jobs, according to reports.

“This new facility marks an important milestone for SEG,” Timothy Johnson, VP of operations, said in the release. “It will further strengthen our U.S. manufacturing capabilities while supporting ongoing technology innovation. The plant is designed with the flexibility to integrate next-generation technologies, including (heterojunction solar technology) as the industry evolves.”

Commercial operations at the new facility are expected to commence in Q3 2026.

SEG is also developing a 5-gigawatt ingot and wafer manufacturing facility in Indonesia. Construction on the facility is expected to begin in Q2 2026.

In 2024, SEG Solar opened a new $60 million, 250,000-square-foot facility in Houston to house its production workshops, raw material warehouses, administrative offices, finished goods warehouses and supporting infrastructure. Read more here.

Fervo Energy bumps up IPO target to $1.82B

IPO update

Houston-based geothermal power company Fervo Energy is now eyeing an IPO that would raise $1.75 billion to $1.82 billion, up from the previous target of $1.33 billion.

In paperwork filed Monday, May 11 with the U.S. Securities and Exchange Commission, Fervo says it plans to sell 70 million shares of Class A common stock at $25 to $26 per share.

In addition, Fervo expects to grant underwriters 30-day options to buy up to 8.33 million additional shares of Class A common stock. This could raise nearly $200 million.

When it announced the IPO on May 4, Fervo aimed to sell 55.56 million shares at $21 to $24 per share, which would have raised $1.17 billion to $1.33 billion. The initial valuation target was $6.5 billion.

A date for the IPO hasn’t been scheduled. Fervo’s stock will be listed on Nasdaq under the ticker symbol FRVO.

Fervo, founded in 2017, has attracted about $1.5 billion in funding from investors such as Bill Gates-founded Breakthrough Energy Ventures, Google, Mitsubishi Heavy Industries, Devon Energy (which is moving its headquarters to Houston), Tesla co-founder JB Straubel, CalSTRS, Liberty Mutual Investments, AllianceBernstein, JPMorgan, Bank of America and Sumitomo Mitsui Trust Bank.

Fervo’s marquee project is Cape Station in Beaver County, Utah, the world’s largest EGS (enhanced geothermal system) project. The first phase will deliver 100 megawatts of baseload clean power, with the second phase adding another 400 megawatts. The site can accommodate 2 gigawatts of geothermal energy. Fervo holds more than 595,000 leased acres for potential expansion.

Cape Station has secured power purchase agreements for the entire 500-megawatt capacity. Customers include Houston-based Shell Energy North America and Southern California Edison.