Both sides win damages in Ecuador oil block dispute
An oil project in the Ecuadorian Amazon (Credit: iStock/Atelopus)
Bahamian oil company Perenco has won US$449 million in an ICSID claim against Ecuador over a levy on windfall oil revenues while also being ordered to pay the state US$54 million towards an environmental cleanup.
To read more
Subscribe to Global Arbitration Review
Subscribe and start reading now
Global Arbitration Review (GAR) is the online home for international arbitration specialists, telling them everything they need to know about all the developments that matter.
Subscribe now
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10