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Phillips Petroleum Company Venezuela Limited, Conocophillips Petrozuata B.V. v. Petroleos De Venezuela, S.A., Corpoguanipa, S.A., PDVSA Petroleo, S.A., ICC Case No. 20549/ASM/JPA (C-20550/ASM)

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Short Name:

Case Type:
Contract (Investor–State)
Applicable Procedural Rules:
ICC Arbitration Rules (2012)
Economic Sector:
Mining and Quarrying Including Hydrocarbons (Oil and Gas)
Outcome:
In Favour of Claimant(s)
Amount of Damages:
US $2,040,000,000
Other Remedy:
this Award is net of all applicable Venezuelan taxes

Available documents

Related Proceedings (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)
Document Details:
PARTICIPANTS
Participants listed are for this document only and may not include all participants involved in the entire case. Always consult the original documents.
Claimant appointee
Respondent appointee
Tribunal/Panel chair
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Claimant's counsel
Respondent's counsel
Other counsel
Claimant's expert
Respondent's expert
Claimant's witness
Respondent's witness
Other witnesses
Tribunal secretary
Tribunal assistant
Country
Print reporter
Entities
Document Summary
This summary note is machine-generated. Always consult the original materials.


24 Apr 2018
Final Award
Document provided by: IA Reporter
Document Details:
PARTICIPANTS
Final Award
Participants listed are for this document only and may not include all participants involved in the entire case. Always consult the original documents.
Claimant appointee
Claimant appointee:
Laurent Aynès
Respondent appointee
Respondent appointee:
Andrea Giardina
Tribunal/Panel chair
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Claimant's counsel
Hugh Carlson, Kiran N. Gore, Luke A. Sobota, Jan Paulsson, Constantine Partasides, Lucy Martinez, David Brian King, Elliot Friedman, Sam Prevatt, Lee Rovinescu, Kelly Renehan, Mihir Chattopadhyay, Madeline Snider, Israel Guerrero, Jacqueline Argueta, Anish Patel, Joshua Simmons, Benjamin Jones
Respondent's counsel
Tullio R. Treves, Irene Petrelli, Eloy Barbará de Parres, Dori Yoldi, Miriam K. Harwood, George Kahale III, Benard V. Preziosi, Simon Batifort, J. Benton Heath, Fuad Zarbiyev, Arianna Sánchez, Curtis Mallet-Prevost Colt & Mosle, Alfredo De Jesus O., Eloisa Falcon Lopez, Marie-Therese Hervella, Matilde Flores, Gloria Diaz-Bujan, Alfredo De Jesús S., Enrique José Urdaneta Cordido-Freites, Matthew Disler, Maria Acosta, Farshad Ali Zahedinia, Sofia Herrera, Michael Ward, Borzu Sabah
Other counsel
Claimant's expert
Manuel A. Abdala, Allan R. Brewer Carías, Gustavo Mata Borjas, Richard F. Strickland, Neil K. Earnest, David R. Mares
Respondent's expert
Louis T. Wells, Vladimir Brailovsky, Daniel Flores, Jesús Rafael Patiño Murillo, Luis Alberto García-Montoya
Claimant's witness
Ray Manning, Robert Heinrich, Henry S. van Wageningen, David Brown
Respondent's witness
Rubén Figuera, Bernard Mommer
Other witnesses
Tribunal secretary
Eva Kalnina
Tribunal assistant
Country
Print reporter
Entities
Document Summary
Final Award
This summary note is machine-generated. Always consult the original materials.


26 Apr 2018
Petition to Confirm, Recognize and Enforce Foreign Arbitration Award
Document Details:
PARTICIPANTS
Petition to Confirm, Recognize and Enforce Foreign Arbitration Award
Participants listed are for this document only and may not include all participants involved in the entire case. Always consult the original documents.
Claimant appointee
Respondent appointee
Tribunal/Panel chair
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Claimant's counsel
David Brian King, Elliot Friedman, Sam Prevatt, Michael S. Kim, Marcus J. Green, Carrie A. Tendler
Respondent's counsel
Other counsel
Claimant's expert
Respondent's expert
Claimant's witness
Respondent's witness
Other witnesses
Tribunal secretary
Tribunal assistant
Country
Print reporter
Entities
Document Summary
Petition to Confirm, Recognize and Enforce Foreign Arbitration Award
This summary note is machine-generated. Always consult the original materials.