September 01, 2017
A consortium of United Arab Emirates-based energy companies dropped a petition to enforce a $1.96 billion arbitration award issued against Iraq's Kurdistan Regional Government in a dispute over two Iraqi gas fields on Friday, just days after the parties reached a $2.2 billion settlement that amends and extends their energy production contract.
May 15, 2017
A consortium of energy companies asked a D.C. federal court Friday to confirm a London Court of International Arbitration tribunal's $1.96 billion award against Iraq's Kurdistan Regional Government in an ongoing contract dispute over the development of gas fields, arguing the government is not immune from U.S. courts.