October 16, 2026: Canada-based subsurface engineering firm VZFOX announced it is set to enter the Indian market, as the country looks to strengthen domestic energy production and reduce its high dependence on imported crude.

The company will focus on mature-field revitalisation, reservoir optimisation, Enhanced Oil Recovery (EOR) and Improved Oil Recovery (IOR), injection and field redevelopment, and also support emerging CO2 storage and carbon capture, utilisation and storage (CCUS) projects.
 
It said its work in reservoir characterisation, production and pressure analysis, compartment identification, injection optimisation, infill and recompletion screening and EOR/IOR evaluation helps identify where additional recovery is possible and which interventions make the strongest technical and economic case.
 
"Currently, the brand is developing a focused technical team in India. They intend to establish their office in Bengaluru with a team of five members by the end of this year and organically expand the team as the business grows," VZFOX said in a statement.
 
The company has a client base across North America and other markets and it works alongside operator teams as a strategic and technical advisor, helping reduce subsurface uncertainty, challenge assumptions and connect reservoir understanding to field-development, capital and implementation decisions.
 
“Our conversations with Indian oil and gas companies show that India has strong engineering capability. One of the opportunities we see is helping operators get more value from existing energy assets," said Vick Saxon, managing partner and director, VZFOX.

(Source: Business Standard)