Topic: Force majeure

BP is preparing to file an arbitration worth more than US$530 million against embattled US construction group McDermott over its failure to perform a contract to install subsea pipelines for an LNG project on the maritime border of Senegal and Mauritania.

05 March 2024

UPDATED. A sanctioned Russian engineering company has won more than US$500 million in a SIAC arbitration with Vietnam’s national oil and gas company, after defeating a much larger counterclaim.

12 February 2024

UPDATED: A French-owned uranium trader has asked a US court to enforce an ICC award issued by Swiss arbitrator Sébastien Besson over supplies of uranium ore destined for a plant in Argentina.

26 September 2023

Houston’s Occidental Petroleum has agreed to pay a net sum to Yemen to settle awards rendered in two ICC arbitrations relating to the same oil block, bringing an end to enforcement proceedings in Delaware.

22 September 2023

As Bangladesh contends with an energy crisis, details of two concluded arbitrations against state entities in that sector have come to light – including one where a contractor unsuccessfully argued that an influx of Rohingya refugees from Myanmar prevented it from building a solar park.

20 September 2023

The spring conference of the German Arbitration Institute (DIS) addressed disruption and change in global supply chains, including related to the covid-19 pandemic, the Russian invasion of Ukraine and inflation. Yashan Huang, associate at CMS Hasche Sigle in Hong Kong, reports.

16 June 2023

A Canadian mining company is bringing a claim against the Central African Republic over cancelled licences and permits for a gold project that was occupied by rebel fighters.

14 June 2023

Featured in The Middle Eastern and African Arbitration Review 2023

21 April 2023

Yemen has applied to a US court to enforce the outstanding part of a US$10 million ICC award against an affiliate of Occidental Petroleum.

08 February 2023

Gazprom has provided more details about an award issued in an arbitration with a Finnish state-owned gas importer, saying the tribunal ruled the Russian company is owed over €300 million and was entitled to cut off supplies owing to force majeure.

17 November 2022