2017
Rockhopper v. Italy Rockhopper Exploration Plc, Rockhopper Italia S.p.A. and Rockhopper Mediterranean Ltd v. Italian Republic (ICSID Case No. ARB/17/14)
Italy
United Kingdom
100% working interest in the Ombrina Mare oil and gas discovery project and a related offshore exploration permit.
Claims arising out of the decision in February 2016 by the Ministry of Economic Development not to award the claimants a production concession covering the Ombrina Mare field located within 12 miles of the coast of Italy, following the Government’s re-introduction of a general ban on oil and gas exploration and production activity within the 12 mile limit of the coastline.
Primary: B - Mining and quarrying
6 - Extraction of crude petroleum and natural gas
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Poncet, C.
Dupuy, P.-M.
Reichert, K.
Decided in favour of investor
281.70 mln EUR (281.30 mln USD)
190.70 mln EUR (190.50 mln USD)
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Arbitrary, unreasonable and/or discriminatory measures

Indirect expropriation
Indirect expropriation
ICSID annulment proceedings
ICSID annulment proceedings
Pending
None
Nolan, M. D. (President)

Kalnina, E. (Member)

Wallgren-Lindholm, C. (Member)