A group of Saudi and Egyptian claimants have failed to enforce their US$18 billion award against Chevron after a US court found there was no binding agreement to arbitrate and criticized several “procedural irregularities” in the arbitration that the oil company had labelled a “sham”.

For more information, please see https://globalarbitrationreview.com/article/1198071/chevron-defeats-ususd18-billion-enforcement-bid