Industry: Oil related services & equipment
Mexico liable for denial of justice in NAFTA oil services dispute
A NAFTA tribunal has upheld claims by three US oilfield services companies that they were denied justice in the Mexican courts after a state-owned entity terminated their contracts.
07 November 2024
ICSID panel restrains Germany from collecting windfall tax
An ICSID tribunal has restrained Germany from collecting €47.2 million in taxes on windfall oil and gas profits owed by a US-owned investment group while an Energy Charter Treaty claim over the levy is pending.
26 September 2024
Halliburton wins damages from Ecuadorian national oil company
An UNCITRAL tribunal has awarded US$10 million in damages to a subsidiary of US oil services giant Halliburton in a contractual dispute with Ecuador’s national oil company.
01 August 2024
Peru hit with another claim over Odebrecht-led pipeline project
An insolvent consortium has filed an ICSID claim against Peru over a natural gas pipeline project that collapsed in the wake of the Odebrecht corruption scandal – the latest in a string of cases filed by investors in the troubled venture.
31 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
Chad sees off bid to freeze bank accounts in oil pipeline dispute
Chad says an ICC tribunal has rejected a request by the UK’s Savannah Energy to freeze the accounts of an oil pipeline venture pending a dispute over its partial nationalisation.
14 May 2024
Shell hit with claim from South African partner
A Johannesburg-based company has reportedly launched an arbitration against Shell over the value of its stake in their South African joint venture.
09 May 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
PDVSA settles dispute over Curaçao refinery
PDVSA and Curaçao’s state-run refining company have settled a US$1.7 billion ICDR dispute over the Venezuelan state oil company’s management of a refinery on the island.
20 December 2023
Oil trader seeks to enforce against Poland
A Cyprus-registered oil trader has asked a US court to enforce a US$47.6 million Energy Charter Treaty claim award against Poland over the state’s refusal to comply with decisions by its own courts.
04 December 2023