Ann: SNE North-1 exploration well discovers hydrocarbons, page-207

Thanks for the compliment but I know very little about arbitration. There is no news of progress yet - just a 12 month expectation for total duration from FAR. I expect the quarterlies may contain updates on progress.

Reading ICC website tonight the general procedure seems to be
1. Request submission from FAR,
2. 30 days for answer submission from COP
3. Selection of 3rd arbitrator and consitution of tribunal. (not sure of time limit)
4. Both sides pay upfront court costs (in advance)
5. Once the Arbitral Tribunal has been constituted and the advance on costs requested at this stage has been paid, the Secretariat transmits the file to each member of the Arbitral Tribunal (Article 16). From that time on, general management of the case shifts from the Secretariat to the Arbitral Tribunal.
6. Tribunal works with both parties to setup terms of reference based on submissions
7. Tribunal is required to convene a Case Management Conference and establish a provisional timetable to be followed in the conduct of the arbitration. (this milestone is when a proper timetable will become clear to the parties)
8. Proceedings occur
9. Proceeedings are closed after final submissions
10. Tribunal will then inform the Secretariat and the parties of the date by which it expects to submit its draft award to the Court.
11. The Court will, at the outset of a case, fix a time limit for the final award based upon the Arbitral Tribunal’s procedural timetable. If no such time limit specific to the procedural timetable is fixed, the time limit for the final award will initially default to six months from the date of approval or last signature of the Terms of Reference. The Court can extend the time limit for the final award

Hope this info is of some value to holders.

https://iccwbo.org/dispute-resolution-services/arbitration/procedure/