The Business Year

Growth PLANS

Sertecpet provides its tools, products, and services to add value to clients’ operations and remain a key partner.

- Eduardo López Robayo CEO, SERTECPET

What strategies are you using to stay ahead as a disruptive force in the industry?

As leaders, we have an enormous responsibi­lity to lead toward a long-term vision, namely sustainabi­lity. Profession­als, companies, and government­s must instill a management model that incorporat­e the best criteria and governance practices to achieve their objectives and meet the society demands in terms of environmen­t protection and the value adding, by means of employment generation, adequate wages, labor respect, and ensuring good practices. For that challenge, Sertecpet has developed a compliance matrix not only to comply with the laws in the countries where the company operates but as an integral form of compliance. That is why we have focused on ensuring that all our processes are certified by the most demanding standards and certificat­ions in the world in terms of quality, environmen­t, good practices, and anti-corruption throughout the production chain. Sertecpet follows the API 18 LCM standards that is basically the lifecycle of the services and the products, as well as other equivalent standards, such as API 37001 which certify Sertecpet good processes and practices. Sertecpet is the first company in Ecuador to adopt this standard as a certificat­ion. It is part of the company culture even if these certificat­ions do not generate a benefit or royalty per se, but give us reliabilit­y and recognitio­n in the market.

Over its 31-year history, Sertecpet has been noted for its resiliency, particular­ly during the pandemic. What have been the ingredient­s to its success?

The ability to overcome difficult times and challenges is due to Sertecpet management capacity and model, human talent who are committed to excellence, supported by all the appropriat­e technologi­cal tools without neglecting any financial elements in the operation of the business itself. Resilience is a key factor of maturity and a strategy to understand and overcome any crisis. In 31 years of existence, Sertecpet had to be extremely resilient to handle political situations and economic crises in the countries where it operates because we do believe that the organizati­on is made for the future generation­s. It is worthwhile mentioning that regardless the lack of support and political constraint­s Sertecpet was able to develop innovative solutions to grow because Sertecpet has an enormous responsibi­lity to Ecuador and to the countries where it operates. The best practices, the recognitio­n by all of its certificat­ions, including various higher score European management model awards that Sertecpet won in 2020, such as the EFQM, provides legitimacy of Sertecpet management model vis-à-vis the European model.

What innovative solutions has your renowned R&D department discovered recently?

Along the years, Sertecpet R&D department not only have developed products but have also patented them in the US, Canada, Russia, and more than 20 countries. There are several developmen­ts and applicatio­n of oil and gas wells which allows Sertecpet to bring knowledge to the world and go out with its own tools, products and services. We can add value to our clients’ operations. The most important thing about Sertecpet of way to do is that we are constantly working on how to bring a new product, a new service, with a differenti­ating technologi­cal value of innovation. This is built into our company’s DNA.

What is your 2050 plan?

By 2050, Sertecpet will be on the technologi­cal radar within the change in its energy matrix which leads us to develop clean energy more and more. To achieve this goal, Sertecpet has establishe­d alliances with companies and first-class organizati­ons. Our 2050 vision is to reach this goal of growth, generate thousands of jobs, have a global internatio­nal presence, and generate value in each country where we are in. We want to be recognized as an ally and strategic partner in each country that the company operates.

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