ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. v. Bolivarian Republic of Venezuela, ICSID Case No. ARB/07/30
Case type:
Claimant(s):
ConocoPhillips Company
Respondent state:
Applicable arbitration rules:
Investment treaty:
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Economic sector:
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Other remedy:
The Tribunal ordered the Respondent to pay US$ 8.7 billion in damages and US$ 20.4 million to cover Conoco's arbitration costs.
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Feb 2012
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Sep 2013
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Mar 2014
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May 2014
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Feb 2015
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Feb 2016
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Oct 2016
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Jan 2017
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Mar 2019
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Mar 2019
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Aug 2019
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Sep 2021
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Aug 2022
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Feb 2023
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Dec 2023
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Dec 2024
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Jan 2025
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Reinaldo Enrique Muñoz Pedroza, Henry Rodríguez Facchinetti, Alfredo De Jesus S., De Jesús & De Jesús S.A., Alfredo De Jesus O., s. Elois, Alfredo De Jesús O. - Transnational Arbitration & Litigation, George Kahale III, Eloy Barbará de Parres, Irene Petrelli, Simon Batifort, Dori Yoldi, Fuad Zarbiyev, Curtis Mallet-Prevost Colt and Mosle LLP
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