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March 28, 2015

ConocoPhillips v. Venezuela

In an ICSID arbitration, three subsidiaries of the ConocoPhillips Company, ConocoPhillips Petrozuata B.V., ConocoPhillips Hamaca B.V., and ConocoPhillips Gulf of Paria B.V., claimed damages from the Bolivarian Republic of Venezuela for their interests in three oil projects known as Petrozuata, Hamaca, and Corocoro. Econ One was retained by counsel for Venezuela to provide expert analysis on quantum. Dr. Anthony Finizza, Dr. Daniel Flores, and Dr. Jeffrey Leitzinger authored several expert reports regarding quantum issues and testified at the hearing in The Hague.

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