Case Details

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. v. Bolivarian Republic of Venezuela (ICSID Case No. ARB/07/30)

Proceeding Materials Procedural Details

  • Oil and gas enterprise
  • Oil, Gas & Mining
  • BIT Netherlands - Venezuela, Republica Bolivariana de 1991 - Investment Law - Venezuela (1999)
  • ICSID Convention - Arbitration Rules

    (a) Original Proceeding

    • ConocoPhillips Gulf of Paria B.V. (Dutch), ConocoPhillips Petrozuata B.V. (Dutch), ConocoPhillips Hamaca B.V. (Dutch)
    • Bolivarian Republic of Venezuela (Venezuelan)
    • December 13, 2007
    • July 23, 2008

      Composition of Tribunal

    • Eduardo ZULETA (Colombian) - Appointed by the Chairman of the Administrative Council
    • L. Yves FORTIER (Canadian) - Appointed by the Claimant(s)
      Andreas BUCHER (Swiss) - Appointed by the Chairman of the Administrative Council

      Initial Composition of Tribunal

    • Kenneth KEITH (New Zealand)
    • L. Yves FORTIER (Canadian)
      Ian BROWNLIE (British)
    • February 1, 2010: Georges ABI-SAAB (Egyptian) appointed following the passing away of Ian BROWNLIE (British)
      August 10, 2015: Andreas BUCHER (Swiss) appointed following the resignation of Georges ABI-SAAB (Egyptian)
      April 22, 2016: Eduardo ZULETA (Colombian) appointed following the resignation of Kenneth KEITH (New Zealand)

      Party Representatives

    • Freshfields Bruckhaus Deringer, New York, NY, U.S.A.
      Three Crowns, London, U.K.
    • Curtis, Mallet-Prevost, Colt & Mosle, New York, NY, U.S.A. and Mexico City, Mexico;
      Procuraduría General de la República, Caracas, Venezuela
      De Jesús & De Jesús, Caracas, Venezuela and Paris, France
    • English,Spanish
    • Concluded
    • March 8, 2019 - The Tribunal renders its award.

    (b) Rectification Proceeding

    • Respondent(s)
    • April 18, 2019 (Respondent(s))

      Party Representatives

    • Freshfields Bruckhaus Deringer, New York, NY, U.S.A.
      Three Crowns, London, U.K.
    • Curtis, Mallet-Prevost, Colt & Mosle, New York, NY, U.S.A
      De Jesús & De Jesús, Caracas, Venezuela and Paris, France
    • English,Spanish
    • Concluded
    • August 29, 2019 - The Tribunal issues a decision on the rectification of the award.

    (c) Annulment Proceeding

    • Respondent(s)
    • December 16, 2019 (Respondent(s))
    • February 3, 2020

      Party Representatives

    • Freshfields Bruckhaus Deringer, New York, NY, U.S.A.
      Three Crowns, London, U.K.
    • Curtis, Mallet-Prevost, Colt & Mosle, New York, NY, U.S.A
      De Jesús & De Jesús, Caracas, Venezuela and Paris, France
    • English,Spanish
    • Pending
    • December 15, 2023 - Each party files a statement of costs.

(a) Original Proceeding

Published Decisions

Decision on the Proposal to Disqualify L. Yves Fortier, Q.C., Arbitrator

Decision on Jurisdiction and Merits

Decision on Respondent's Request for Reconsideration

Dissenting Opinion

Decision on the Proposal to Disqualify a Majority of the Tribunal

Dissenting Opinion to Decision on Jurisdiction and Merits

Decision on the Proposal to Disqualify a Majority of the Tribunal

Decision on the Proposal to Disqualify L. Yves Fortier, Q.C., Arbitrator

Decision on the Respondent's Request for Reconsideration

Dissenting Opinion by Arbitrator Andreas Bucher

Decision on the Proposal for Disqualification of Arbitrator L. Yves Fortier, Q.C.

Decision on the Proposal to Disqualify L. Yves Fortier, Q.C., Arbitrator

Interim Decision

Award of the Tribunal

Available on the ICSID Website

Decision on the Proposal to Disqualify L. Yves Fortier, Q.C., Arbitrator (February 27, 2012) English (Original)

Decision on Jurisdiction and Merits (September 3, 2013) English (Original); Spanish (Original)

Decision on Respondent's Request for Reconsideration (March 10, 2014) English (Original); Spanish (Original)

Dissenting Opinion (March 10, 2014) English (Original); Spanish (Original)

Decision on the Proposal to Disqualify a Majority of the Tribunal (May 5, 2014) English (Original); Spanish (Original)

Dissenting Opinion to Decision on Jurisdiction and Merits (February 19, 2015) English (Original)

Decision on the Proposal to Disqualify a Majority of the Tribunal (July 1, 2015) English (Original); Spanish (Original)

Decision on the Proposal to Disqualify L. Yves Fortier, Q.C., Arbitrator (December 15, 2015) English (Original)

Decision on the Respondent's Request for Reconsideration (February 9, 2016) English (Original)

Dissenting Opinion by Arbitrator Andreas Bucher (February 9, 2016) English (Original)

Decision on the Proposal for Disqualification of Arbitrator L. Yves Fortier, Q.C. (March 15, 2016) English (Original)

Decision on the Proposal to Disqualify L. Yves Fortier, Q.C., Arbitrator (July 26, 2016) English (Original)

Interim Decision (January 17, 2017) English (Original)

Award of the Tribunal (March 8, 2019) English (Original); Spanish (Original)

(b) Rectification Proceeding

Published Decisions

Decision on the Rectification of the Award

Available on the ICSID Website

Decision on the Rectification of the Award (August 29, 2019) English (Original); Spanish (Original)

(c) Annulment Proceeding

Published Decisions

Order on Applicant's Representation

Lord Phillips Recomendation

Chair's Decision on the Proposal for Disqualification

Procedural Order No. 1

Order on Venezuela Request for Reconsideration

Decision on Stay of Enforcement

Procedural Order No. 2

Recommendation in Respect of the Proposal for the Disqualification of Judge Dominique Hascher and Professor Diego Fernández Arroyo

Chairman's Decision on the Disqualification of Judge Dominique Hascher and Professor Diego Fernández Arroyo

Order on the Applicant's Request for Reconsideration of the Decision of 29 September 2021 Discontinuing the Stay of Enforcement

Order on the Applicant's Third Request for Reconsideration of 21 September 2021 on the Issue of Venezuela's Legal Representation

Procedural Order No. 3

Available on the ICSID Website

Order on Applicant's Representation (April 3, 2020) English (Original); Spanish (Original)

Lord Phillips Recomendation (July 10, 2020) English (Original)

Chair's Decision on the Proposal for Disqualification (July 23, 2020) English (Original)

Procedural Order No. 1 (August 28, 2020) English (Original); Spanish (Original)

Order on Venezuela Request for Reconsideration (November 2, 2020) English (Original)

Decision on Stay of Enforcement (November 2, 2020) English (Original)

Procedural Order No. 2 (September 29, 2021) English (Original)

Recommendation in Respect of the Proposal for the Disqualification of Judge Dominique Hascher and Professor Diego Fernández Arroyo (September 16, 2022) English (Original)

Chairman's Decision on the Disqualification of Judge Dominique Hascher and Professor Diego Fernández Arroyo (September 27, 2022) English (Original)

Order on the Applicant's Request for Reconsideration of the Decision of 29 September 2021 Discontinuing the Stay of Enforcement (February 15, 2023) English (Original)

Order on the Applicant's Third Request for Reconsideration of 21 September 2021 on the Issue of Venezuela's Legal Representation (February 15, 2023) English (Original)

Procedural Order No. 3 (September 22, 2023) English (Original)

(a) Original Proceeding

Date Development
December 13, 2007 The Secretary-General registers a request for the institution of arbitration proceedings.
July 23, 2008 The Tribunal is constituted. Its members are: Kenneth Keith (New Zealand), President; Ian Brownlie (British); and L. Yves Fortier (Canadian).
September 8, 2008 The Respondent files a request to deal with the objections to jurisdiction as a preliminary matter.
September 13, 2008 The Tribunal holds a first session at The Hague.
September 16, 2008 The Claimants file a memorial on the merits.
December 1, 2008 The Respondent files a memorial on jurisdiction.
December 8, 2008 The Claimants file observations on the Respondent's request to deal with the objections to jurisdiction as a preliminary matter.
December 22, 2008 The Respondent files a response to the Claimants' observations on the request to deal with the objections to jurisdiction as a preliminary matter.
January 23, 2009 The Tribunal issues a procedural order concerning the Respondent’s request to deal with the objections to jurisdiction as a preliminary matter.
July 27, 2009 The Respondent files a counter-memorial on the merits.
August 24, 2009 The Claimants file a request for production of documents.
September 14, 2009 The Respondent files observations on the Claimant’s request for production of documents.
November 2, 2009 The Claimants file a reply on the merits.
January 4, 2010 Following the passing away of Ian Brownlie, the Centre notifies the parties of the vacancy on the Tribunal and of the suspension of the proceeding.
February 1, 2010 The Tribunal is reconstituted. Its members are: Kenneth Keith (New Zealand), President; Georges Abi-Saab (Egyptian); and L. Yves Fortier (Canadian).

The Respondent files a rejoinder on the merits.
March 11, 2010 The Tribunal holds a pre-hearing conference with the parties by telephone.
March 19, 2010 The Claimants file a further request for production of documents.
March 23, 2010 The Tribunal issues a procedural order concerning matters of a hearing.
March 26, 2010 The Respondent files observations on the Claimants’ request for production of documents.
March 31, 2010 The Claimants file a response to the Respondent’s observations of March 26, 2010.
May 31, 2010 - June 13, 2010 The Tribunal holds a hearing on the merits at The Hague.
October 5, 2011 The Respondent files a proposal for disqualification of arbitrator L. Yves Fortier. The proceeding is suspended in accordance with ICSID Arbitration Rule 9(6).
October 24, 2011 The Respondent files further observations on the proposal for disqualification.
October 25, 2011 The Claimants file observations on the proposal for disqualification.
November 18, 2011 The arbitrator furnishes explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rule 9(3).
December 1, 2011 The Respondent files further observations on the proposal for disqualification.
December 2, 2011 The Claimants file further observations on the proposal for disqualification.
February 27, 2012 The proposal for disqualification of arbitrator L. Yves Fortier is declined. The proceeding is resumed pursuant to ICSID Arbitration Rule 9(6).
May 25, 2012 The Claimants file a request for the admissibility of new evidence.
June 8, 2012 The Respondent files observations on the Claimants' request of May 25, 2012.
July 4, 2012 The Tribunal decides on the Claimants' request of May 25, 2012.
July 11, 2012 The Claimants file new evidence.
July 25, 2012 The Respondent files observations on the evidence filed by the Claimants on July 11, 2012.
August 3, 2012 The Claimants file further observations on the evidence filed on July 11, 2012.
September 3, 2013 The Tribunal issues a decision on jurisdiction and liability. A dissenting opinion by arbitrator Georges Abi-Saab dated February 19, 2015 is attached to the decision.
September 8, 2013 The Respondent files a request for reconsideration of the Tribunal's decision of September 03, 2013.
October 1, 2013 The Tribunal issues directions concerning the procedural calendar and the conduct of the proceedings.
October 28, 2013 Each party files a submission pursuant to the Tribunal's directions of October 1, 2013.
November 25, 2013 Each party files a second submission pursuant to the Tribunal's directions of October 1, 2013.
March 10, 2014 The Tribunal issues a decision on the Respondent's request of September 08, 2013; attached to the decision is a dissenting opinion by arbitrator Georges Abi-Saab.
March 11, 2014 The Respondent files a proposal for disqualification of arbitrators Kenneth Keith and L. Yves Fortier. The proceeding is suspended in accordance with ICSID Arbitration Rule 9(6).
March 21, 2014 The Respondent files observations on the proposal for disqualification.
March 28, 2014 The Claimants file a response to the Respondent's observations of March 21, 2014.
April 4, 2014 Arbitrator L. Yves Fortier furnishes explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rule 9(3).
April 14, 2014 Each party files further observations on the proposal for disqualification.
May 5, 2014 The proposal for disqualification of arbitrators Kenneth Keith and L. Yves Fortier is declined by the Chairman of the Administrative Council.
The proceeding is resumed pursuant to ICSID Arbitration Rule 9(6).
May 19, 2014 The Claimants file a memorial on quantum.

The Claimants file a request for the production of documents.
May 23, 2014 The Respondent files a request for the production of documents.
June 4, 2014 The Claimants file observations on the Respondent's request of May 23, 2014.
June 6, 2014 The Respondent files a response to the Claimants' observations of June 4, 2014.
June 23, 2014 The Tribunal decides on production of documents.
July 18, 2014 The Respondent files observations on the Claimants’ request for the Tribunal to decide on production of documents.
July 24, 2014 The Claimants file a response to the Respondent’s observations of July 18, 2014.
August 1, 2014 The Tribunal decides on production of documents.
August 18, 2014 The Respondent files a counter-memorial on quantum.
September 15, 2014 The Claimants file a request for the Tribunal to decide on production of documents.
October 3, 2014 The Respondent files observations on the Claimants’ request for the Tribunal to decide on production of documents.
October 13, 2014 The Claimants file a reply on quantum.
October 15, 2014 The Claimants file a response to the Respondent's observations of October 3, 2014.
October 21, 2014 The Tribunal decides on production of documents.
January 7, 2015 The Respondent files a rejoinder on quantum.
February 6, 2015 The Respondent files a proposal for disqualification of arbitrator L. Yves Fortier. The proceeding is suspended in accordance with ICSID Arbitration Rule 9(6).
February 9, 2015 The Claimants file observations on the proposal for disqualification.
February 10, 2015 The Respondent files further observations on the proposal for disqualification.
February 12, 2015 The Claimants file further observations on the proposal for disqualification.
February 13, 2015 Arbitrator L. Yves Fortier furnishes explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rule 9(3).
February 16, 2015 Each party files further observations on the proposal for disqualification.
February 20, 2015 Following the resignation of arbitrator Georges Abi-Saab, the Centre notifies the parties of the vacancy on the Tribunal.
March 4, 2015 The Tribunal does not consent to the resignation of arbitrator Georges Abi-Saab pursuant to ICSID Arbitration Rule 8(2) and the Secretary-General notifies the parties thereof.
March 25, 2015 The Respondent files a proposal for disqualification of arbitrator Kenneth Keith and further observations on the proposed disqualification of arbitrator L. Yves Fortier.
April 2, 2015 The Respondent files observations on the proposal for disqualification.
April 9, 2015 The Claimants file observations on the proposal for disqualification.
April 16, 2015 The arbitrators furnish explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rule 9(3).
April 23, 2015 Each party files further observations on the proposal for disqualification.
July 1, 2015 The proposal for disqualification of arbitrators Kenneth Keith and L. Yves Fortier is declined by the Chairman of the Administrative Council.
August 10, 2015 Following the resignation of arbitrator Georges Abi-Saab, Andreas Bucher (Swiss) accepts his appointment as arbitrator, appointed by the Chairman of the Administrative Council in accordance with ICSID Arbitration Rule 11(2).

The Tribunal is reconstituted. Its members are: Kenneth Keith (New Zealand), President, appointed by the Chairman of the Administrative Council; L. Yves Fortier (Canadian), appointed by the Claimants; and Andreas Bucher (Swiss) appointed by the Chairman of the Administrative Council in accordance with ICSID Arbitration Rule 11(2). The proceeding is resumed pursuant to ICSID Arbitration Rule 12.

The Respondent files a request for reconsideration of the Tribunal's decision of March 10, 2014.
November 9, 2015 The Respondent files a proposal for disqualification of arbitrator L. Yves Fortier. The proceeding is suspended in accordance with ICSID Arbitration Rule 9(6).
November 12, 2015 The Claimants file observations on the proposal for disqualification.
November 20, 2015 Arbitrator L. Yves Fortier furnishes explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rule 9(3).
November 27, 2015 Each party files further observations on the proposal for disqualification.
December 15, 2015 The proposal for disqualification of arbitrator L. Yves Fortier is declined by the other two members of the Tribunal. The proceeding is resumed pursuant to ICSID Arbitration Rule 9(6).
February 9, 2016 The Tribunal issues a decision on the Respondent's request for Reconsideration of August 10, 2015; attached to the decision is a dissenting opinion by arbitrator Andreas Bucher.
February 24, 2016 The Tribunal holds a pre-hearing organizational meeting with the parties in Washington, D.C.
February 26, 2016 The Respondent files a proposal for disqualification of arbitrator L. Yves Fortier. The proceeding is suspended in accordance with ICSID Arbitration Rule 9(6).
March 2, 2016 The Claimants file observations on the proposal for disqualification.
March 4, 2016 Arbitrator L. Yves Fortier furnishes explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rule 9(3).
March 8, 2016 Each party files observations on the proposal for disqualification.
March 15, 2016 The proposal for disqualification of arbitrator L. Yves Fortier is declined by the other two members of the Tribunal. The proceeding is resumed pursuant to ICSID Arbitration Rule 9(6).
March 21, 2016 Following the resignation of Kenneth J. Keith, the Secretary-General notifies the parties of the vacancy on the Tribunal and the proceeding is suspended pursuant to the ICSID Arbitration Rule 10(2).
April 20, 2016 The Respondent files a request for reconsideration of the Tribunal's decision of February 9, 2016.
April 21, 2016 The Claimants file observations on the Respondent’s request of April 20, 2016.
April 22, 2016 Following the resignation of arbitrator Kenneth Keith, Eduardo Zuleta (Colombian) accepts his appointment as President of the Tribunal, appointed by the Chairman of the Administrative Council in accordance with ICSID Arbitration Rule 11(1).

The Tribunal is reconstituted. Its members are: Eduardo Zuleta (Colombian), President, appointed by the Chairman of the Administrative Council in accordance with ICSID Arbitration Rule 11(1); L. Yves Fortier (Canadian), appointed by the Claimants; and Andreas Bucher (Swiss), appointed by the Chairman of the Administrative Council in accordance with ICSID Arbitration Rule 11(2). The proceeding is resumed pursuant to ICSID Arbitration Rule 12.
July 22, 2016 The Respondent files a proposal for disqualification of arbitrator L. Yves Fortier. The proceeding is suspended in accordance with ICSID Arbitration Rule 9(6).

The Claimants file observations on the proposal for disqualification.
July 25, 2016 Arbitrator L. Yves Fortier furnishes explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rule 9(3).
July 26, 2016 The proposal for disqualification of arbitrator L. Yves Fortier is declined by the other two members of the Tribunal. The proceeding is resumed pursuant to ICSID Arbitration Rule 9(6).
August 15, 2016 - August 19, 2016 The Tribunal holds a hearing on quantum in Washington, D.C.
August 19, 2016 The Tribunal issues Procedural Order No. 4 concerning procedural matters.
September 19, 2016 Each party files a post-hearing brief.
January 17, 2017 The Tribunal issues an interim decision.
February 21, 2017 - February 25, 2017 The Tribunal holds a further hearing on quantum in Washington, D.C.
March 27, 2017 - March 31, 2017 The Tribunal holds a further hearing on quantum in Washington, D.C.
May 19, 2017 Each party files a post-hearing brief.
September 19, 2017 - September 21, 2017

The Tribunal holds a further hearing on quantum in Washington, D.C.
April 16, 2018

Each party files a statement of costs.
May 3, 2018

Each party files observations on the other party’s statement of costs.
February 8, 2019

The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1).
March 8, 2019

The Tribunal renders its award.

(b) Rectification Proceeding

Date Development
April 18, 2019

The Secretary-General registers a request for rectification of the award filed by the Bolivarian Republic of Venezuela.
May 10, 2019

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. file observations on the Bolivarian Republic of Venezuela’s request of April 18, 2019.
August 29, 2019

The Tribunal issues a decision on the rectification of the award.

(c) Annulment Proceeding

Date Development
December 16, 2019

The Secretary-General registers an application for annulment of the award filed by the Bolivarian Republic of Venezuela and notifies the parties of the provisional stay of enforcement of the award.
February 3, 2020

The ad hoc Committee is constituted in accordance with Article 52(3) of the ICSID Convention.  Its members are: Dominique Hascher (French), President; Diego Fernández Arroyo (Argentine/Spanish); and Kap-You Kim (Korean); all members appointed by the Chairman of the Administrative Council.
February 4, 2020

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. file observations on the Bolivarian Republic of Venezuela’s request to continue the stay of enforcement of the award.
March 16, 2020

The Bolivarian Republic of Venezuela files a response to ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V.’s observations of February 4, 2020.
March 25, 2020

The ad hoc Committee holds a first session.
April 16, 2020

The Bolivarian Republic of Venezuela files a proposal for disqualification of ad hoc Committee members Dominique Hascher, Diego P. Fernández Arroyo and Kap-You (Kevin) Kim. The proceeding is suspended in accordance with ICSID Arbitration Rules 53 and 9(6).
May 1, 2020

The arbitrators furnish explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rule 9(3).
May 8, 2020

Each party files further observations on the proposal for disqualification.
July 23, 2020

The proposal for disqualification of ad hoc Committee members Dominique Hascher, Diego P. Fernández Arroyo and Kap-You (Kevin) Kim is declined by the Chairman of the Administrative Council.  The proceeding is resumed pursuant to ICSID Arbitration Rules 53 and 9(6).
August 28, 2020

The Tribunal issues Procedural Order No. 1 concerning procedural matters.
September 30, 2020

The ad hoc Committee holds a hearing on the stay of enforcement of the award by video conference.
November 2, 2020

The ad hoc Committee issues a decision on the continuation of the stay of enforcement of the award.
November 2, 2020

The ad hoc Committee issues a procedural order on the Respondent's request for Reconsideration.
November 26, 2020

The Bolivarian Republic of Venezuela files a memorial on annulment.
February 24, 2021

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. file a counter-memorial on annulment.
May 10, 2021

The Bolivarian Republic of Venezuela files a reply on annulment.
July 9, 2021

The ad hoc Committee poses questions to the parties.
July 23, 2021

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. file a rejoinder on annulment.
September 29, 2021

The ad hoc Committee issues a decision on the continuation of the stay of enforcement of the award.
September 29, 2021

The ad hoc Committee issues Procedural Order No. 2 concerning the hearing on annulment.
October 4, 2021

The Bolivarian Republic of Venezuela files a request for reconsideration of the ad hoc Committee’s decision of September 29, 2021.
October 7, 2021

The Secretary-General moves that the ad hoc Committee stay the proceeding for lack of payment of the required advances, pursuant to ICSID Administrative and Financial Regulations 14(3)(d) and (e).
October 13, 2021

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf files observations on the Bolivarian Republic of Venezuela's request of October 4, 2021.
October 14, 2021

The ad hoc Committee stays the proceeding for lack of payment of the required advances, pursuant to ICSID Administrative and Financial Regulations 14(3)(d) and (e).
March 14, 2022

The proceeding is resumed following payment of the required advance.
March 18, 2022

Following the resignation of committee member Kap-You (Kevin) Kim, the Secretary-General notifies the parties of the vacancy on the Committee and the proceeding is suspended pursuant to ICSID Arbitration Rules 10(2) and 53.
June 1, 2022

The ad hoc Committee is reconstituted. Its members are Dominique Hascher (French), President, Diego Fernández Arroyo (Argentine, Spanish) and Lawrence Boo (Singaporean), all appointed by the Chairman of the Administrative Council. The proceeding is resumed pursuant to ICSID Arbitration Rules 12 and 53.
June 12, 2022

The Bolivarian Republic of Venezuela files a proposal for disqualification of ad hoc Committee members Dominique Hascher and Prof. Diego Fernández Arroyo. The proceeding is suspended in accordance with ICSID Arbitration Rules 53 and 9(6).
June 24, 2022

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. file observations on the proposal for disqualification.
June 29, 2022

The members of the ad hoc Committee furnish explanations regarding the proposal for disqualification in accordance with ICSID Arbitration Rules 53 and 9(3).
July 7, 2022

Each party files further observations on the proposal for disqualification.
September 27, 2022

The proposal for disqualification of ad hoc Committee member Dominique Hascher and Prof. Diego Fernández Arroyo is declined by the Chairman of the Administrative Council.  The proceeding is resumed pursuant to ICSID Arbitration Rules 53 and 9(6).
February 15, 2023

The ad hoc Committee issues a procedural order on the Bolivarian Republic of Venezuela’s request for Reconsideration of its order of November 2, 2020.
February 15, 2023

The ad hoc Committee issues a procedural order on the Bolivarian Republic of Venezuela’s request for Reconsideration of its decision of September 29, 2021.
September 12, 2023

The Bolivarian Republic of Venezuela files a request for reconsideration of the ad hoc Committee’s decision of February 15, 2023.
September 18, 2023

The Bolivarian Republic of Venezuela files a request for the ad hoc Committee to decide on the admissibility of new evidence.
September 22, 2023

The ad hoc Committee issues Procedural Order No. 3 concerning the organization of the hearing.
September 29, 2023

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. file a request for the ad hoc Committee to decide on the admissibility of new evidence.
September 29, 2023

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. and the Bolivarian Republic of Venezuela file observations on the Bolivarian Republic of Venezuela’s request of September 18, 2023.
October 6, 2023

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf files observations on the Bolivarian Republic of Venezuela's request of September 12, 2023.
October 6, 2023

The Bolivarian Republic of Venezuela files observations on the Bolivarian Republic of Venezuela's request of September 12, 2023.
October 6, 2023

The Bolivarian Republic of Venezuela files observations on ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V.’s request of September 29, 2023.
October 8, 2023

The Bolivarian Republic of Venezuela files further comments on its request of September 12, 2023.
October 10, 2023

The ad hoc Committee decides on the Bolivarian Republic of Venezuela’s request of September 18, 2023, and on ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf’s request of September 29, 2023, concerning the admissibility of new documents.
October 11, 2023

ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V. and ConocoPhillips Gulf of Paria B.V. and the Bolivarian Republic of Venezuela file further observations on the Bolivarian Republic of Venezuela’s request of September 12, 2023.
October 18, 2023 - October 20, 2023

The ad hoc Committee holds a hearing on annulment in Paris and by videoconference.
December 15, 2023

Each party files a statement of costs.