Case Details

Upland Oil and Gas LLC (USA) and Upland Oil and Gas LLC (Perú) v. PeruPetro S.A. (ICSID Case No. ARB/22/19)

Subject of Dispute:

Oil and gas enterprise
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

Contract
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Upland Oil and Gas LLC (USA) (U.S.), Upland Oil and Gas LLC (Perú) (Peruvian)
Respondent(s):

PeruPetro S.A. (Peruvian)
Date Registered:

July 13, 2022

Party Representatives

Claimant(s):

Vinson & Elkins, New York, NY, U.S.A.
Barrios & Fuentes Abogados, Lima, Perú
Respondent(s):

Arnold & Porter Kaye Scholer, Washington D.C., U.S.A. and London, U.K.
Gerencia General de PeruPetro S.A., Lima, Perú
Status of Proceeding:

Concluded
Outcome of Proceeding:

June 1, 2023 - The Secretary-General issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.

No References Available.

(a) Original Proceeding

Date	Development
July 13, 2022	The Secretary-General registers a request for the institution of arbitration proceedings.
May 22, 2023	The Claimants file a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.
May 22, 2023	The Secretary-General orders the Respondent to state whether it opposes the Claimants’ request for discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.
May 26, 2023	The Respondent informs the Centre that it does not object to the Claimants’ request for the discontinuance of the proceeding.
June 1, 2023	The Secretary-General issues a procedural order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44.