Case Details

Oleoducto de Crudos Pesados (OCP) Ltd. v. Republic of Ecuador (ICSID Case No. ARB/25/19)

Claimant(s)/Nationality(ies):

Oleoducto de Crudos Pesados (OCP) Ltd. (Caymanian)
Respondent(s):

Republic of Ecuador (Ecuadorian)
Date Registered:

May 2, 2025
Date of Constitution of Tribunal:

July 23, 2025

President:

Eduardo SIQUEIROS T (Mexican) - Appointed by the Parties
Arbitrators:

Elisabeth ELJURI (Kittitian/Nevisian, U.S., Venezuelan) - Appointed by the Claimant(s)
Mairée URÁN BIDEGAIN (Colombian, French, Uruguayan) - Appointed by the Respondent(s)

Claimant(s):

Cleary Gottlieb Steen & Hamilton
Respondent(s):

Procuraduría General del Estado, Quito, Ecuador
Ministerio de Energía y Minas, Quito, Ecuador
Arnold & Porter Kaye Scholer, Washington D.C., New York, NY, U.S.A., and London, U.K.
Language(s) of Proceeding:

Spanish
Status of Proceeding:

Concluded
Outcome of Proceeding:

January 23, 2026 - The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56(1)

No References Available.

Date	Development
May 2, 2025	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
May 19, 2025	Following appointment by the Claimant, Elisabeth Eljuri (Kittitian/Nevisian/U.S./Venezuelan) accepts her appointment as arbitrator.
May 19, 2025	Following appointment by the Respondent, Mairée Uran Bidegain (Colombian/French/Uruguayan) accepts her appointment as arbitrator.
July 23, 2025	Following appointment by agreement of the parties, Eduardo Siqueiros (Mexican) accepts his appointment as presiding arbitrator.
July 23, 2025	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Eduardo Siqueiros (Mexican), President, appointed by agreement of the parties; Elisabeth Eljuri (Kittitian/Nevisian/U.S./ Venezuelan), appointed by the Claimant; and Mairée Uran Bidegain (Colombian/French/Uruguayan), appointed by the Respondent.
August 28, 2025	The Tribunal holds a first session by video conference.
September 12, 2025	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
November 14, 2025	The Claimant files a request for the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56(1).
December 15, 2025	The Respondent informs the Tribunal that it does not object to the discontinuance of the proceeding.
January 23, 2026	The Tribunal issues an order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 56(1)