ICC Paris, 3 February 2018, ANRM v. Chevron, no. 21138/MHM

On 3 March 2011, three petrol concession were granted to Chevron on the Romanian territory. To this end, Chevron agreed with the National Agency to carry out works for the exploration and the development of the areas of Costineti, Vama Veche and Adamclisi, an obligation which it has never respected and which had ended by an ICC Arbitration ordering it to pay $73.5 million.

2018-03-04T22:52:46+00:00 February 3rd, 2018|ICC, International awards|0 Comments

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