Next Wave Energy promotes Diamond to COO

April 15, 2024
Next Wave Energy Partners has expanded its executive team with two promotions and a new appointment.

Next Wave Energy Partners LP, Houston, has promoted Sean Diamond to executive vice-president and chief operating officer. Dan Fahey has been promoted to senior vice-president, engineering and technology. Stephen Arata has been appointed to the position of senior vice-president and chief financial officer.

Two of the four founding partners of Next Wave, Diamond previously served as senior vice-president, operations and commercial, while Fahey previously served as vice-president, engineering and technology.

Arata, a co-founder of Blue Racer Midstream, served as its chief financial officer for 3 years before his promotion to chief executive officer in 2015. Prior to Blue Racer, Arata served as chief financial officer of Caiman Energy.

In March 2024, Next Wave Energy Partners commissioned its long-planned Project Traveler ethylene-to-alkylate production plant at the operator’s 53-acre site in Pasadena, Tex., adjacent to the Houston Ship Channel (OGJ Online, Mar. 21, 2024).