Region: Norway

Russian courts to reconsider whether Norway immune from BIT claim 

A Russian court will reconsider whether it can hear a sanctioned businessman’s US$27 million investment treaty claim against Norway, after an appeal court found that the principle of reciprocity may limit the state’s immunity. 

20 December 2024

LNG vessel manufacturer settles with BP

A Bermuda-headquartered ship manufacturer says it will end its arbitration against BP after settling their dispute over an agreement to provide the UK oil giant with a natural gas processing vessel.

05 August 2024

Snow crab investors’ claims stall at ICSID

A trio of ICSID cases brought against Norway by Baltic companies over rights to fish for snow crab have stalled in recent weeks, with two claims discontinued and an attempt to revive a €450 million case suspended.

22 July 2024

Singapore shipyard settles dispute over drilling rigs

A North Sea oil and gas driller has agreed to settle a dispute with a Singaporean state-owned shipyard over terminated contracts for the construction of a pair of semi-submersible rigs, which gave rise to two arbitrations.

19 June 2024

Singaporean state-owned entity liable in oil drilling dispute

UPDATED: A Norwegian-US joint venture company has won more than US$108 million in a SIAC arbitration with a Singaporean state-owned company over contracts to build oil drilling equipment that were terminated in the wake of Brazil's Lava Jato corruption scandal.

18 April 2024

Snow crab investors seek to revive claim against Norway

Latvian investors are seeking to annul an ICSID award that dismissed their €450 million treaty claim against Norway over rights to fish for snow crab, alleging that the state lied to the tribunal and knowingly appointed counsel with conflicts.

28 February 2024

Chile cannot execute performance bonds ahead of treaty claim

A Chilean court has upheld an order preventing Chile from collecting US$50 million worth of performance bonds posted by a private equity-managed mobile operator that is preparing to bring an investment treaty claim against the state.

05 January 2024

Norway sees off claim by snow crab investors

Latvian investors have vowed to challenge an ICSID award that dismissed their €450 million claim against Norway over rights to fish for snow crab.

02 January 2024

Senegal sees off one ICSID case and is hit with another

A Norwegian-owned oil company’s contract-based ICSID claim against Senegal has ended with both sides’ claims dismissed, as the west African state is hit with a treaty claim over a project to construct a port terminal.

21 November 2023

Lévy Kaufmann-Kohler counsel goes solo in Geneva

Nina Lauber-Thommesen has left her role as counsel at Lévy Kaufmann-Kohler to launch an independent arbitrator practice in Geneva.

11 May 2023

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