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MVRS
Business verticals

Oil & Gas

The group's energy sector, structured under the Petrofusion subsidiary: investing in innovative, disruptive technologies to revolutionize the industry with greater efficiency and a lower environmental footprint.

Petrofusion natural-gas processing plant
PetrofusionSubsidiary · MVRS Holdings
Petrofusion

MVRS Holdings subsidiary created to participate in the global oil market. It currently brings together three business units: Fomex, ThermoFusion EOR and NGL Plant.

Fomex

We turn heavy oil into high-value light crude.

Fomex is the group's vehicle in the heavy-oil market. Through a joint venture with Fluid Oil Ltd, it exclusively operates in Mexico the patented VISCOSITOR Heavy-to-Light (VHTL®) technology, which upgrades heavy crude by raising its API gravity and producing a light oil comparable in value to WTI. Fomex Heavy Oil Services provides crude-upgrading services to Pemex and to companies holding exploration and production contracts.

  • Heavy crude → WTI-grade light crude.
  • Up to +30 USD of value per barrel processed.
  • Lower operating costs and a smaller CO₂ footprint.
  • Sole operator and distributor of VHTL® in Mexico.

Target audience

Pemex and operators with E&P contracts; heavy-crude producers.

fomexoil.com
+30 USD
Added value per barrel
~$85B
Global potential market (USD)
Bajo
Capex / Opex
Infographic: what ThermoFusion EOR is — thermal, pressure and flow effects
0 → 350 bpd
Yagual-11 well (Pemex), in 8 hours
0 → 180 bpd
Cuichapa 505 well (Pemex)
1,350 bpd
Recovered across 4 wells, Brazil
$50B+
Global EOR market (CAGR ~7.5%)
200–500 MUSD
Mexico addressable market (annual)
ThermoFusion EOR

Enhanced oil recovery — without steam or pipelines.

ThermoFusion EOR is a proprietary chemical system that generates heat, nitrogen gas and pressure directly at the bottom of the well through controlled exothermic reactions. It reduces crude viscosity, dissolves blockages (asphaltenes, paraffins, resins), restores permeability and mobilizes trapped oil. With more than 40 years of development and applications in Venezuela, Mexico, Brazil and the United States, it has reactivated Pemex wells from zero to production, backed by CONACYT-SENER and certified by Pemex.

  • Results in hours (8–72 h), not weeks.
  • Low CAPEX: no boilers, pipelines or cryogenic equipment.
  • Zero CO₂ emissions, non-corrosive and no depth limit.
  • Four business lines: stimulation, in-situ EOR, artificial lift and thermochemical micro-fracturing.

Target audience

Pemex, mature-field operators and producers with low-output wells.

Aerial view of the cryogenic gas-processing plant
360 MMscfd
Inlet capacity
2 × 30,000 BPD
Fractionation trains
~64,000 HP
Installed compression
NGL Plant

Gas-processing infrastructure, ready to redeploy.

The group acquired a large-scale cryogenic natural-gas processing plant in Wyoming, USA, with the intent to relocate it for gas production and processing projects. It is a fully integrated facility: nitrogen rejection (NRU), NGL/LNG recovery, sweetening and dehydration, and liquids fractionation. With 360 MMscfd of inlet capacity, two 30,000 BPD fractionation trains and ~64,000 HP of installed compression, the asset is intact and modular, allowing it to be relocated and reactivated far faster than a greenfield plant.

  • Large-scale integrated cryogenic plant.
  • Modular design: relocatable and quick to reactivate.
  • Avoids the timelines and cost of a greenfield EPC.
  • Versatile for high-nitrogen or off-spec gas.

Target audience

Gas producers and operators; midstream infrastructure developers.

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