Region: Iraq

A London-listed oil company says it will launch an international arbitration against Iraqi Kurdistan after the regional government terminated two production sharing contracts. 

10 December 2021

A joint venture between Kuwaiti logistics group Agility and France’s Orange has won a fraud claim against a Lebanese bank concerning an investment in an Iraqi mobile operator that is the subject of two ICSID cases.

05 October 2021

A Canadian company has applied to a US court to enforce an award against Iraq’s ministry of electricity over power plant repairs – a dispute that saw the original sole arbitrator resign for “personal reasons” after the ICC Court twice refused to approve his draft award.

15 September 2021

ExxonMobil has filed an ICC claim against an Iraqi state-owned oil company over a stalled attempt to sell a stake in a US$50 billion oilfield.

02 August 2021

A Kuwaiti logistics group has turned to new counsel in its bid to revive a US$660 million ICSID claim against Iraq over the alleged expropriation of a mobile phone operator.

08 June 2021

Iraq is to become the 168th signatory of the New York Convention after passing an accession law as part of its ongoing reconstruction programme after the US-led ousting of Saddam Hussein and the years of instability that have followed. 

06 April 2021

An ICSID tribunal has dismissed a Kuwaiti investor’s US$664 million claim against Iraq over the alleged expropriation of a mobile phone operator in Kurdistan – a dispute that has spawned several other arbitrations and bribery allegations.

23 February 2021

A joint venture between French telecoms group Orange and Kuwaiti logistics group Agility has asked a US court to compel Dechert to produce documents concerning an alleged bribery scheme in Iraq for use in a US$1 billion ICC arbitration over its stake in a Kurdish mobile operator.

01 December 2020

A court in Washington, DC has refused to enforce an ICC award against an Iraqi state-owned oil company – ruling the entity was separate from the state and lacked commercial ties to the jurisdiction. 

30 October 2020

UPDATED: French telecoms group Orange has filed an ICSID claim against Iraq over the alleged expropriation of its US$500 million investment in a Kurdistan-based mobile phone operator.

13 October 2020