Market Share of Ecuador Oil And Gas Downstream Industry
The Ecuador oil and gas downstream market is semi-consolidated. Some of the key players in the market (in no particular order) include EP Petroecuador, Petroamazonas EP, Eni SpA, Total S.A., and Royal Dutch Shell Plc, among others.
In June 2022, New Stratus Energy Inc. announced that Ecuador's state-owned oil company, EP Petroecuador, has entered into a memorandum of understanding (MOU) with New Stratus with the purpose of optimizing and speeding up the development and production of its oil fields in blocks 43 (ITT) and 31, minimizing the environmental impact, during a joint meeting between authorities of the government of Ecuador.
Ecuador Oil and Gas Downstream Market Leaders
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EP Petroecuador
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Petroamazonas EP
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Eni SpA
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Total S.A.
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Royal Dutch Shell Plc
*Disclaimer: Major Players sorted in no particular order
