The Woodlands Area EDP Luncheon Guests Hear From Vicki Hollub, President & Ceo of Occidental

THE WOODLANDS, TX -- The Woodlands Area Economic Development Partnership (EDP) held their Quarterly Partner Luncheon at The Woodlands Resort on Friday, January 10, 2020. Over 230 partners and guests heard from Vicki Hollub, President and Chief Executive Officer of Occidental.

Occidental’s acquisition of Anadarko Petroleum Corporation was one of the largest energy transactions to occur last year and included Anadarko’s campus in The Woodlands. In December, Occidental sold The Woodlands properties to The Howard Hughes Corporation®, including the two iconic towers along Interstate 45 and signed a 13-year lease for the larger, 808,000 square foot tower at 1201 Lake Robbins Drive and the nearby warehouse. Ms. Hollub reported at the EDP luncheon that Occidental’s Gulf of Mexico and International teams will remain in The Woodlands. Their occupancy of the one tower represents the largest tenant in The Woodlands, which brings significant economic benefits to taxpayers.

Occidental is an international oil and gas exploration and production company with operations in the United States, Middle East and Latin America. It is the leading producer and largest acreage holder in the Permian Basin of West Texas and Southeast New Mexico. It is also the number one producer in both the Denver-Julesburg Basin of Colorado and the Uinta Basin of Utah and number four in the Gulf of Mexico. Occidental is advancing a lower-carbon future with its subsidiary Oxy Low Carbon Ventures, which promotes innovative technologies that drive cost efficiencies and economically grow its business while reducing emissions. Occidental’s midstream and marketing segment provides flow assurance for its oil and gas segment, while maximizing the value of its products. OxyChem, its chemical subsidiary, is among the top three U.S. producers for the principal products it manufactures and markets. During her talk, Ms. Hollub shared experiences from her career at Occidental, which included holding a variety of management and technical positions with responsibilities on three continents, including roles in the United States, Russia, Venezuela and Ecuador. EDP partners and guests truly valued the rare opportunity to hear her personal experiences in her 35-year career with the company, which were both inspiring and fascinating.

Gil Staley, CEO of The Woodlands Area Economic Development Partnership, said, “I am encouraged that Occidental will have a significant presence in our community. Energy still represents the largest business sector for The Woodlands Area and Occidental will continue to play a key role in that industry.”

Partners in attendance at the luncheon were A Strong CPA, adWhite marketing & design, Allegiance Bank, Amegy Bank, Ameriprise Financial, Kristin L. Young, Avion Wealth, Bank of Texas, BB&T now Truist, BBVA, Black Forest Ventures, Caldwell Companies, Calvetti Ferguson, Carr, Riggs & Ingram, LLC, Cherry Creek Mortgage, Chevron Phillips Chemical Co., City of Oak Ridge North, Corporate Incentives, Cypressbrook Company, Entergy Texas, First American Title NCS, Frontrunner Consulting Group, Inc., Frost Bank, Gallagher Benefit Services - division of Arthur J. Gallagher, Haley Garcia Group, Houston Advanced Research Center (HARC), Harman Wealth Management, Haynie & Company, Houston Methodist The Woodlands Hospital, Jones Walker, Kean Miller, Kelsey-Seybold Clinic, Linscomb & Williams, Lone Star College, Market Street The Woodlands, MD Anderson Cancer Center, Memorial Hermann The Woodlands Medical Center, Move Resource Group, Northwestern Mutual, Occidental, Repsol, Rice Business Executive Education, Richmond Realty Group RE/MAX The Woodlands & Spring, Riddle & Butts, LLP, Sam Houston State University, Soules Insurance, Spirit of Texas Bank, Stibbs & Co. Attorneys, Strike LLC, The Blair Law Firm, The Howard Hughes Corporation®, The Woodlands Area Chamber of Commerce, The Woodlands Christian Academy, The Woodlands Township, Tough Law Firm, United Way of Greater Houston, Waste Connections, Wells Fargo, Winstead PC, Woodforest National Bank, Wright Business Technologies, and Wright's Printing.

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The Woodlands Area Economic Development Partnership (EDP) is a non-profit organization dedicated to promoting the economic development of The Woodlands Area through the support of existing businesses and the recruitment of new businesses that can bring job opportunities and capital investment to the area.

The EDP is a public/private partnership with 96 funding partners active in the organization. For further information on the EDP, log on to: www.edpartnership.net or call 281 363-8130.