Region: Angola

Angola defeats claim over unsigned port contract

UPDATED WITH TRIBUNAL: Angola has defeated a US$850 million claim by a company linked to the billionaire daughter of the country’s former president, which arose out of a port concession contract that was never signed.

14 July 2020

Angola

Featured in The Middle Eastern and African Arbitration Review 2020

20 April 2020

Angola

Featured in The Middle Eastern and African Arbitration Review 2019

11 April 2019

Angolan oil dispute heads to ICC

US oil company Cobalt International has filed two ICC claims worth over US$2 billion against Angolan state entity Sonangol, accusing it of reneging on agreements relating to two deepwater oil blocks.

15 May 2017

Angola faces claim from US oil company

US oil company Cobalt International has threatened Angola’s state-run Sonangol with an ICC claim after it walked away from a US$1.8 billion deal to buy its operating stake in two oil-rich deepwater blocks off the coast of the African state.

28 March 2017

Unlock unlimited access to all Global Arbitration Review content