Latest development Oct 8, 2026
Tidewater opposed the abeyance of the Citgo appeal.
The award
- Amount awarded
- $46.4M plus interest
- Award holder
- Tidewater Inc. and affiliates
- Respondent
- Bolivarian Republic of Venezuela
- Forum
- ICSID ARB/10/5
Challenges
During the ICSID annulment phase the stay of enforcement was lifted (gCaptain). Details not re-verified.
Enforcement
Citgo queue: 2nd. Under the sale order it would be paid in full if the sale closes.
Recovered to date
None