Energy and natural resources in Ecuador

ECIJA GPA

Noted for its participation in the ‘main hydrocarbon projects of the last 10 years, which have had a significant impact on the development of the industry in Ecuador‘, ECIJA GPA fields a diverse team of specialised lawyers with expertise in oil and gas, mining and renewable energy matters. The group acts for domestic and international clients, most notably from China, in contractual matters, investments, projects and contentious issues. A key contact for oil and gas and mining heavyweights, Gonzalo González advises on the acquisition of assets throughout South America and on the execution of contracts. Another name to note for oil and gas clients, Bayardo Poveda is active in cross-border M&A, financing deals and public contracting. Other key individuals in the team include Álvaro Ordoñez, who oversees the mining practice, and Gustavo Arrobo, who focuses on hydrocarbons matters.

Responsables de la pratique:

Gonzalo González; Bayardo Poveda Gustavo Arrobo; Alvaro Ordoñez


Les références

‘They have a solid team, with expertise in all areas of law, which helps any query (corporate, labour, tax) to be resolved by their team.’

‘They have partners with very high experience, and knowledge of the country, and the sector, which helps foreign companies in the development of projects.’

‘The area of ​​energy and natural resources stands out as one of the firm’s strongest practices. The department stands out in the country for having participated in the main hydrocarbon projects of the last 10 years, which have had a significant impact on the development of the industry in Ecuador. Our experience with the team over the years has consistently revealed an excellent level of service.’

Principaux clients

Karpowership


Pacifpetrol/petrobell


Celeo-elecnor


Condor Oil Services Consepetro


Enap Sipetrol


Petrobell / Grant Mining (Synergy Group) Petrogras Group Petrorsynergy


Principaux dossiers


  • Advised KARPOWERSHIP on preparing for the qualification process for the concession of a 400MW natural gas plant initiated by the Ministry of Energy and Mines.
  • Advised Pacifpetrol /Petrobell on the challenging classification of companies that submitted economic bids for the TAMYA field.

Flor Bustamante Pizarro Hurtado Abogados

Flor Bustamante Pizarro Hurtado Abogados has a prominent natural resources and energy practice with substantial experience in the mining industry. The team’s expertise covers both regulatory and transactional mandates. Andres Ycaza jointly leads the team with Roque Bustamante, a name to note for oil and gas and mining matters, and Mario Flor, a prominent figure in Ecuador’s renewable energy projects. Agustin Hurtado Larrea is active in the oil and gas sector.

Principaux dossiers


Pérez Bustamante & Ponce

‘Distinguished for its comprehensive approach and deep knowledge of the sector', Pérez Bustamante & Ponce possesses a strong track record in major oil and gas, mining, electricity and renewable projects in Ecuador. A popular destination for hydrocarbon players, the team often advises on tenders for the processing of LNG-to-power projects and the negotiation of contracts with the Ministry of Energy and Mines and national oil company Petroecuador. The practice is also active in environmental, tax, financing and litigation matters in the mining sector, as well as private investments in the power segment. Francisco Roldán-Cobo is a reference for clients from the oil, gas and electricity segments, while Sebastián Pérez-Arteta has a strong track record in landmark transactions in the energy and infrastructure sectors. Jaime Zaldumbide-Serrano is experienced in oil, mining and alternative energy projects; Sebastián Cortez focuses on regulatory matters and renewable energy project development; and María Isabel Aillón advises on investments in the mining and oil and gas spaces. Other noteworthy individuals include Estefania Lopez-Verdu, who assists with energy, infrastructure and public procurement mandates, and Patricio Albuja, who primarily focuses on oil and gas investments but is increasingly seen advising on alternative energy matters.

Responsables de la pratique:

Francisco Roldán Cobo; Sebastian Perez Arteta; Jaime Zaldumbide; Sebastian Cortez; María Isabel Aillón


Les références

‘Pérez Bustamante & Ponce’s energy and natural resources practice is distinguished for its comprehensive approach and deep knowledge of the sector. What makes this practice unique is its ability to provide customised legal solutions that perfectly align with my company’s specific needs and objectives.’

‘The team’s strengths and skills include their deep understanding of complex regulatory frameworks, their ability to anticipate and address emerging challenges in the sector, and their commitment to excellence in client service. Additionally, the team stands out for its proactive approach to identifying opportunities and mitigating risks, allowing them to consistently deliver exceptional results.’

‘Compared to other firms, Pérez Bustamante & Ponce’s energy and natural resources team stands out for its client-focused approach and its ability to quickly adapt to changes in the legal and regulatory landscape.’

Principaux clients

Codelco


Cobra


Neoen


Ecoener


Total Energies


Pluspetrol


PCR Ecuador


Wayra Energy


Oil People


Association of the Hydrocarbon Industry of Ecuador


Cuyabenopetro


Principaux dossiers


  • Advised Orion on matters including signing financing agreements and creating a project financing structure with a fiduciary assignment.
  • Represented ENAP in the constitutional protection action filed by the Town Virgen Del Carmen in relation to the Mauro Davalos Cordero MDC oil field.
  • Retained by ECOENER to advise on Ecuador’s Ministry of Energy’s public tender for 500 MW of renewable energy.

Bustamante Fabara

Bustamante Fabara is regularly retained by multinational companies in the oil and gas, mining and energy industries for assistance with regulatory matters, as well as the structuring, development and financing of projects. Rafael Valdivieso, who focuses on the downstream and upstream segments, handles a combination of contractual, project finance, and M&A matters. He jointly leads the team with Juan Carlos Bustamante, who is noted for his expertise in foreign investments and international arbitrations in the oil and gas sector. Other key individuals include Gustavo Almeida, who assists with regulatory, environmental, corporate and public law matters in the hydrocarbons and electricity spaces, and Bruno Pesantes, an expert on mining issues.

Responsables de la pratique:

Rafael Valdivieso; Juan Carlos Bustamante


Les références

‘A great team with high knowledge of the industry and regulations.’

‘Knowledge, confidence and efficiency.’

‘This team has more experience with energy and is training in mining.’

Principaux clients

Gran Tierra Energy


Frontera Energy


Solaris Resources


Consorcio San Jacinto


World Kinect Energy Services


Constructora Nacional and Semaica


Enap Sipec


Amara NZero


Orion Energy


Minera Cumbaratza


Principaux dossiers


  • Advised Consorcio San Jacinto throughout the first electricity tender block (500MW) started by the Ecuador’s State to supply 500MW produced from unconventional renewable energy sources.
  • Advising Constructora Nacional and Semaica on the inception and structuring, regulatory components, drafting and negotiation of the joint development agreement of the 47 MW Nasca hydroelectric project on the Intag River.
  • Advising Orion Energy on a correction factor implementation which resulted in a first of its kind process to restore the economic equilibrium of the oil and gas upstream contracts held by Orion.

Robalino

The energy and natural resources department at Robalino acts for oil, mining and energy companies in their investments in Ecuador, with team members often advising on the negotiation, structuring, development and financing of upstream and downstream hydrocarbon projects. Andrés Donoso advises on matters at all levels of the crude production and distribution chain, including contractual processes, M&A and project finance. Donoso leads the practice with managing partner Javier Robalino-Orellana, who is experienced in a wide range of energy matters. Cristina Coello focuses on mining, environmental and oil and gas mandates.

Responsables de la pratique:

Andrés Donoso; Javier Robalino


Autres avocats clés:

Cristina Coello; Galo Guarderas; Francisco Mendoza


Les références

‘The Robalino team is very honest and prepared for any industry-related query. They present a deep and technical analysis with outside-the-box ideas that help the day-to-day life of the company.’

‘The team is multidisciplinary and very complete and competent, they have a good approach to the client with adequate response/reaction times. We are pleased to work with Andrés Donoso, who is always ready to solve our doubts or requirements with the support of other lawyers/specialists of the firm.’

‘The response time is ideal. There is always good feedback for the company at ideal times.’

Principaux clients

LOWELL MINERAL


SMART ENERGY


PCR


Tenaris


Orion


Gran Tierra


Wayra


Hoerbiger


Masgas


EnergyLider


PCR


Solaris Resources


SLB


Principaux dossiers


  • Advising Lowell Minerals on all the regulatory matters and requirements in order to achieve the resolution that authorises the advanced exploration stage of the Warintza Project.
  • Advising local investor group Energylider on the execution of a license agreement with Royal Dutch Shell for the automotive fuel segment.
  • Advised Solaris on the regulatory aspects of a credit agreement with Orion (Canada) for its mining operations in Ecuador.

Tobar ZVS

With a ‘good legal team in mining’, Tobar ZVS advises on the entire life cycle of mining, energy, natural resources and infrastructure projects. Its broad service offering covers bidding procedures, licensing, financing and development matters, as well as investments, disposals and regulatory issues. The firm is a key destination for mining concessionaires and also stands out for its understanding of the renewable energy segment. Practice head César Zumárraga advises major mining clients on policy and regulatory mandates and is also skilled in cross-border transactions, project finance and development. Juan Fernando Larrea, who oversees the environment and sustainability unit, works alongside Zumárraga in a host of energy-related matters. Andrés Paz y Miño Borja is a name to note for companies, investment funds and lenders seeking advice on mining and infrastructure projects, while Juan Martín Alarcón focuses on mining and renewable energy issues.

Responsables de la pratique:

Cesar Zumárraga


Les références

‘The service is unique, reliable and as a client I feel very satisfied.’

‘Their knowledge, people skills, presence and reputation in Ecuador set them apart.’

‘Juan Fernando Larrea can see the social benefits of what clients are planning. He is more than a lawyer, he is also a cheerleader for the cause.’

Principaux clients

Solgold


Lumina Gold


Luminex Resources


Challenger Gold


IMDEX


Aurania Resources


Bactech Environmental


Zijin Mining


Titian Minerals


Green Rock Resources


Principaux dossiers


  • Assisted Soldgold PLC with strategic negotiations with the Government of Ecuador, that resulted in the signing of the Exploitation Agreement Terms and Conditions for the Cascabel mining project.
  • Advised Luminex Resources on the merger with Adventus.
  • Acted for Lumina Gold Corp in the investment by Wheaton Precious Metals into the Cangrejos mining project.

AVL Abogados

AVL Abogados fields a 'a multidisciplinary and highly complementary team' which has a wealth of experience in the hydrocarbon, mining and electricity sectors. Proficient in all phases of exploration, production and refining projects, the practice is also regularly engaged in administrative law and public procurement mandates in the power segment, and in mining-related M&A and project finance. The group is under the joint leadership of a capable trio: Rodrigo Borjas Callisto focuses on the oil and mining industries, often advising on project finance and development; Xavier Andrade Cadena excels in mining investments; and Jorge Cevallos Carrera handles a mix of transactional, projects and contractual work in the energy space. Rafael Paredes Corral and Francisco Ortiz Pérez are other team members who stand out for their involvement in energy-related mandates, with a special emphasis on the mining sector.

Responsables de la pratique:

Rodrigo Borja Calisto; Xavier Andrade Cadena; Jorge Cevallos Carrera


Les références

‘AVL has a multidisciplinary and highly complementary team.’

‘AVL has a team that is very dedicated to its clients. AVL compares favourably to the best law firms in Ecuador in the area of energy and natural resources.’

‘I have been working with AVL for several years and they help me manage the contractual obligations of the concessions we handle.’

Principaux clients

Lundin Gold


Adventus Mining Corp


Glencore


Solgold


BHP


NEOEN


Gransolar


Ecoluz


Thesan Group


Dundee Precious Metals


First Quantum Minerals


Cornerstone Ecuador


Southern Copper Corp and Grupo Mexico


Osisko Gold Royalties


Principaux dossiers


  • Advised Glencore on a due diligence for the Warintza Mining Project, encompassing nine mining concessions.
  • Assisted Solgold with the negotiation of an exploitation agreement with the Ecuadorian government.
  • Provided advisory services to BHP, focusing on mining-related issues.

Pino Elizalde Abogados

Clients from the natural resources, oil, gas and mining sectors regularly turn to Pino Elizalde Abogados for advice on the setting up of operations in Ecuador, licensing issues, financing structures and projects. Stevie Gamboa draws on his previous experience in the regulatory departments of major energy companies to assist domestic and foreign players in the hydrocarbon and mining sectors. He leads the group with Daniel Pino, who excels in corporate and transactional work - including M&A, project finance, and investments - in highly regulated industries. Fernanda Guzmán handles corporate, contractual and regulatory matters in a wide range of sectors, including energy.

Responsables de la pratique:

Daniel Pino; Stevie Gamboa


Les références

‘Pino Elizalde Abogados is a firm that is characterised by its great client focus and results orientation. They have a multifunctional team.’

‘Quick and efficient responses. Fernanda Guzmán and Daniel Pino are recommended.’

Principaux clients

Duragas


Exportadora Aurifera


GMI Commodities


Hanrine Ecuadorian Exploration Andmining


Holcim Agregados


KCA Deutag


Satelio IOT Services


Torata Mining Resources TMR


Agencia de Regulacion y Control de las Telecomunicaciones Arcotel


Solaris Resources – Lowell Minerals


 


Principaux dossiers


Spingarn

Focused on mining, hydrocarbons, and non-renewable natural resources, Spingarn provides legal support to major clients in contractual negotiations, due diligence, public procurement and investments. Noted for his profound understanding of the energy sector, practice head Sebastián Saá Tamayo has a strong track record in energy-related transactions, most notably involving mining, oil and gas, and renewable assets. Lisseth Armijos Romero, whose experience covers conventional and renewable energy, handles transactions and public procurement in this space.

Responsables de la pratique:

Sebastian Saá Tamayo


Les références

‘They are a young law firm but very dedicated to understanding the client’s needs, something that is not always found in larger law firms.’

‘Spingarn’s team of lawyers (especially Sebastián Saá) has proven to be extremely thorough in the analysis of the legal issues that I have consulted with them about. His thoroughness and deep analysis of the issues have been key to achieving the expected results.’

Principaux clients

Entoria Energy


PetroTal Corp


Atico Mining Corporation


Grupo Barca


JRG Energy


Pecksambiente


Compañía Minera La Plata


Enchapes Decorativos SA Endesa


Grupo Sigmaplast


Transfuel


Servicios Navales VO120


Course2Energy


Voldge International


Sertecpet


Mariloginsa


Principaux dossiers


  • Advised Petrotal on the development of an international crude transit project.
  • Advised Endesa on the process of constructing its own electrical infrastructure.
  • Advised Agnamar on the process of negotiating the regulations set by the public authority for the fuel oil supply in the international shipping segment.