Region: Algeria
Saipem settles with Sonatrach in shadow of bribery trial
UPDATED. Embattled construction group Saipem has reached a deal with Algerian state oil and gas company Sonatrach to settle four ICC arbitrations worth billions of euros over projects that Italian prosecutors allege were procured through bribery.
28 March 2018
Sonatrach settles fight over oil refinery
Algeria’s national oil and gas company Sonatrach has settled a US$1.5 billion ICC arbitration over a cancelled project to upgrade a refinery near the country’s capital.
06 June 2017
Total and Sonatrach to drop ICC claims
French energy company Total and Algeria’s national oil and gas producer Sonatrach have agreed to drop claims against one another that were being heard by two ICC tribunals seated in Geneva.
08 May 2017
Sonatrach claims victory in oilfield dispute
Algerian state-owned energy company Sonatrach says an UNCITRAL tribunal has upheld its right to terminate contracts for the exploration and development of two oilfields – three months after a Swiss court ruled that the arbitration didn’t have to begin afresh after being paused during a failed conciliation.
14 December 2016
Centre de Conciliation et d’Arbitrage et du Comité National Algérie
Featured in Guide to Regional Arbitration (volume 6 - 2018)
03 November 2016
Centre de Conciliation et d’Arbitrage et du Comité National Algérie
Featured in Guide to Regional Arbitration (volume 5 - 2017)
03 November 2016
Sonatrach defeats ICC claim over windfall profits tax
Algeria’s national oil and gas company Sonatrach has claimed victory in a US$240 million ICC claim brought by Spain’s Repsol and its Korean partners over a tax on windfall profits.
19 October 2016
Centre de Conciliation et d'Arbitrage et du Comité National Algérie
Featured in Guide To Regional Arbitration (volume 2)
13 December 2013