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
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
The French Court of Cassation has upheld a US$243 million investment treaty award obtained by a French-Senegalese businessman against Senegal, dismissing the state’s arguments regarding his dual nationality.
25 May 2023
Mauritian investors have brought an ICSID claim against Senegal over a €1 billion power plant project, months after the West African state lost its challenge to a €243 million UNCITRAL award in favour of a dual national.
10 January 2022
Canada’s Barrick Gold has launched an ICC claim against Senegal after it was hit with a US$208 million capital gains tax bill.
05 May 2021
Senegal’s state electricity company has defeated a US$258 million ICC claim by a US supplier over an aborted power plant project.
11 May 2020
Australia's Woodside Petroleum and FAR have settled an ICC arbitration over a stake in a US$4.2 billion oil project in Senegalese waters, after the tribunal issued an award in favour of Woodside last month.
30 March 2020
An ICC tribunal has ruled in favour of Perth-based Woodside Petroleum in a dispute over its purchase of a stake in a US$4.2 billion oil project in Senegalese waters.
14 February 2020
28 January 2020
04 January 2019
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