Energy & Natural Resources
Latin America Guide 2025 : Ecuador
Band 3
About
Provided by BUSTAMANTE FABARA
TEAM
Partners: Rafael Valdivieso, Hugo García, Juan Carlos Bustamante
Senior Associates: Gustavo Almeida, Bruno Pesantes
Associates: Gabriel Reina, Analía Andrade de Piérola
For several years the team has been advising several multinational companies in the oil, mining and energy fields, meeting their legal needs before the respective regulatory bodies and defend their interests against public and private interference. The team carries out a detailed monitoring of the business possibilities, new projects, privatizations, etc., that may arise throughout the liberalization process that these sectors live today in Ecuador, and keep its clients permanently informed about their development.
Specialized services in these areas include advice on the following aspects:
- Obtaining licenses, permits and concessions.
- Public and private contracting.
- Participation in pre-contractual and contractual processes.
- Tax and fiscal implications.
- Applications of legal and regulatory norms.
- Negotiation with the respective authorities.
- Acquisition of oil and mining rights.
- Environmental law.
- Constitution of consortiums, temporary unions or “Joint Ventures”.
Chambers Review
BUSTAMANTE FABARA has a noteworthy practice group in Ecuador with strong expertise in transactions within the energy field. The legal team is especially active in the renewable energy sphere, assisting providers with public and private bidding processes and compliance. The energy and natural resources lawyers regularly advise clients on joint venture agreements. BUSTAMANTE FABARA also boasts further expertise in the oil and gas arena, representing clients in pipeline construction and concession agreements.
Work Highlights
- BUSTAMANTE FABARA advised Frontera Energy and its partner (through a local consortium) on all the legal matters required for the drilling of four successful exploratory wells and two exploitation wells in the Ecuadorian Amazon Basin and two exploratory wells in the Perico field.
Strengths
Provided by Chambers
"BUSTAMANTE FABARA have handled everything with professionalism and strong knowledge. The firm has a very strong team and everyone contributes, from juniors to seniors."
"BUSTAMANTE FABARA have handled everything with professionalism and strong knowledge. The firm has a very strong team and everyone contributes, from juniors to seniors."
Notable Practitioners
Senior statesperson Juan Carlos Bustamante garners praise from interviewees due to his long-standing experience in the Ecuadorian energy and natural resources industry. He is especially renowned for his solid track record of oil and gas mandates for international clients.
"Juan Carlos Bustamante has great knowledge and is a remarkabe lawyer."
Knowledgeable attorney Rafael Valdivieso remains active in Ecuador structuring oil and mining projects.
"Rafael has been instrumental in identifying value-adding opportunities. He has successfully led us in making progress in our matters. He understands the sector and the regulatory landscape."
Ranked Lawyers at
BUSTAMANTE FABARA
Ecuador
Members
Provided by BUSTAMANTE FABARA
Bruno Pesantes
Gustavo Almeida
Head of Department
Clients
Provided by BUSTAMANTE FABARA
Amara NZero
Consorcio San Jacinto
Enap Sipec
Frontera Energy
Gran Tierra Energy
Minera Cumbaratza
Orion Energy
SEMAICA
Solaris Resources Inc.
World Kinetic Energy Services
Industries
Provided by BUSTAMANTE FABARA
Construction
Environmental
Mining
Oil & Gas