Ecopetrol contracted $23.8 trillion in 2025, 4% more than in 2024; 96% was with national suppliers

Ecopetrol signed contracts for goods and services worth $23.8 trillion during 2025, an increase of 4.8% compared to 2024. The company attributed this result to its supply chain strengthening strategy and the support of its operational projects in different regions of the country.

Ecopetrol contracted $23.8 trillion in 2025, 4% more than in 2024; 96% was with national suppliers

TL;DR

  • Ecopetrol signed $23.8 trillion in goods and services contracts in 2025, a 4.8% increase from 2024.
  • 96% of the total contracted amount, $22.8 trillion, was awarded to national suppliers.
  • Contracts with local businesses in operational zones reached $5.7 trillion in 2025.
  • The Central Region received the largest portion of local contracts at 28% ($1.59 trillion).
  • Key contracted items included equipment maintenance, integrated services, and transportation.
  • As of the end of 2025, Ecopetrol had 7,975 active contracts worth $139.9 trillion with 3,521 suppliers.