Bustamante Fabara‘s team ’is distinguished by its deep knowledge of the hydrocarbon sector and its strategic focus on mitigating regulatory and contractual risks’. While the group concentrates on oil and gas, it has also expanded its workload into hydrocarbons and solar energy. Practice head Rafael Valdivieso focuses on the downstream and upstream segments, and has ‘in-depth knowledge of the oil industry, especially participation contracts’. Gustavo Almeida, a key team member who was promoted to director in April 2025, adeptly handles a variety of matters in the hydrocarbons and electricity sectors, and often advises on services contracts within oil production and electricity projects, including hydroelectricity. Bruno Pesantes, who was also made director in April 2025, is a key contact for mining projects.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'For us, an important part of the legal practice is identifying risks before they become major problems. In addition to being multidisciplinary, which requires a wide range of skills and knowledge, the Bustamante Fabara team competes with the largest law firms in the country.'
  • 'The team is distinguished by its deep knowledge of the hydrocarbon sector and its strategic focus on mitigating regulatory and contractual risks. The team advised us on participation contracts in the hydrocarbon sector, regulatory and contractual aspects, and provided valuable knowledge on negotiation and ongoing interaction with sector stakeholders and regulators. Communication was prompt, clear, and they were open to accommodating our organisation's agenda.'

Key clients

  • Exploraciones Mineras Andinas Ecuador Emsaec
  • Hidrosierra

Work highlights

Assisted Aramco Trading Americas with a review of the Ecuadorian legal framework applicable to the carriage of hydrocarbons by sea, to and from Ecuador, the general environmental liability regime, and the special marine pollution provisions.

Lawyers

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

Rafael Valdivieso