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.
- +30 USD
- Added value per barrel
- ~$85B
- Global potential market (USD)
- Bajo
- Capex / Opex



