SET THE EXAMPLE
We were pioneers, but many national companies followed us and now there are at least 20 companies that developed because of our example. We feel very proud that we were able to create this company in Ecuador.
The expectation is that the size of our company will double from what it currently is, not only for the services that we normally perform, but from the introduction of this new field, Singue, with our partner from California. We are very confident that with these two projects we will grow to double the size that we are at this moment.
We see the possibility to participate in the next round of bids and to diversify our services because we can perform additional jobs without the need to invest in too much in new technology.
Over the last few years we have seen an increasing boost in new technology as well as environmental protection activities from the companies involved in the Ecuadorean oil and gas sector.
Sertecpet is leaving a footprint on the sector in many regions, believing that it will bring us positive results in the near future. Innovation and R&D have been the key elements leading the growth of the company, as they allow us to develop our own products.
GROW & EXPLORE
We are very interested in all the mature fields in the country. Our main target is to consolidate the company as a leading provider of technological services and integrated engineering solutions, as well as to grow within the exploration area.
Today, the 300 gasoline stations we provide services at sell over 32 million gallons of gasoline and diesel every month, many of which are run as family businesses and are located in remote areas of the country.
JOIN THE FAMILY
One of the main benefits of joining our big family is the corporate governance PyS is implementing; we provide the stations with marketing techniques, as well as administrative, legal, corporate, and logistics support.
We are seeing a rapid increase in the number of vehicles the Ecuadorean population purchases, and that is positively affecting us in terms of increasing the overall number of gallons of gasoline we sell every year.
Since the beginning there has been a very experienced and knowledgeable group of people managing the company. We worked with a company called Techint Engineering & Construction, which was very effective.
We believe that there’s a good opportunity for OCP to transport Colombian crude oil, and for that reason we are also working with EP Petroecuador to interconnect the different pipelines near Lago Agrio.
We believe that this project may completely change this company and the situation of our shareholders. Up to 50% of the volumes that are not able to be transported may be covered by this one project alone.
© The Business Year