Oil India signs collaboration framework with Canada’s PTRC
Oil India Limited (OIL) has signed a collaboration framework with the Petroleum Technology Research Centre (PTRC), a not-for-profit energy research company of the Province of Saskatchewan, Canada. The agreement was signed on the sidelines of the Global Energy Show 2026 on June 10 at Calgary.
Collaboration areas
The framework includes six areas of cooperation between the two organisations.
Under carbon dioxide (CO₂) utilisation, the collaboration will focus on permanent storage through geological sequestration and mineralization in geological formations.
In enhanced oil recovery (EOR), the organisations will work on innovative methods aimed at reducing environmental impacts and energy use associated with oil and gas production.
The agreement also covers identification of business opportunities through established networks and partners of both organisations in India and Canada.
In geothermal energy, the framework provides for identification of projects of mutual interest for study and participation.
The two entities will also undertake collaborative research through OIL and PTRC’s Energy Innovation Hub laboratory on projects related to subsurface energy production and storage.
Another area of cooperation involves startup collaboration through mc²+, a startup platform established under India’s Ministry of Petroleum & Natural Gas.
Strategic focus
The collaboration is intended to support bilateral engagement between Canada and India in areas linked to energy transition and sustainability.
For OIL, the agreement aligns with India’s broader focus on carbon capture, utilisation and storage (CCUS), geothermal energy, and clean technology development as part of its energy transition pathway.
PTRC, based in Saskatchewan, specialises in research related to carbon capture and storage, enhanced oil recovery, and subsurface energy technologies. These areas are directly relevant to OIL’s upstream operations and its diversification into low-carbon energy.
The featured photograph is for representation only.
