Dismissal of multi-billion dollar claim in energy dispute

An award was issued this week in relation to claims in an LCIA arbitration seeking damages in a joint venture dispute concerning oil and gas fields in the Middle East. The Claimants sought damages initially of $3.5bn, subsequently reduced to $1.2bn, for alleged breaches of a joint venture agreement relating to the development and exploitation of oil and gas fields. The tribunal dismissed all the Claimants’ claims with costs. Alan Gourgey QC and Tara Taylor acted for one of the two successful respondents, instructed by White & Case (led by Ed Attenborough, co-counsel, and Robert Wheal).

Related Insights View all thought leadership

Events / Webinars
Property Breakfast Briefing – Forfeiture & Relief
Wednesday 3 June 2026 | 8.30am - 9.30am
Wilberforce Chambers, 77 Chancery Lane
Free to attend | 1.0 CPD
View more
Recent Cases
90 Year Lease or Contractual Licence?
Property
Joanne Wicks KC
Monday 11 May 2026
View more
Articles
Real property, real impact: the Chartbrook principle
Article by Julian Greenhill KC and Daniel Petrides, 20th April 2026. This article was first published by Estates Gazette here. There can be few questions in property law more fundamental than what your contract means. There are also few questions... Read more
By Julian Greenhill KC | Daniel Petrides
Monday 20 April 2026
View more
Events / Webinars
Property Breakfast Briefing – Rescission
Wednesday 6 May 2026 | 8.30am - 9.30am
Wilberforce Chambers, 77 Chancery Lane
Free to attend | 1.0 CPD
View more