Chevron Seeks Enforcement Of USD 224.38M Ecuador Award In Washington

Chevron and TexPet filed an action in a Washington court on July 17, 2026, seeking enforcement of an arbitral award against Ecuador.

Court documents reviewed by Primicias put the claimed total at USD 224,380,051.06. The companies are also seeking a financial guarantee covering the full claimed amount if the U.S. court pauses enforcement while Ecuador pursues its annulment action in the Netherlands.

Components Of The Claimed Amount

The report breaks the claim into USD 175,720,152.45 in base damages and USD 40,470,307.82 in pre-award interest, plus post-award interest. The claimed total is growing at roughly USD 33,700 per day, based on the one-year U.S. Treasury rate plus 2%.

The underlying award was issued in The Hague on November 17, 2025, and later corrected on February 5, 2026.

Parallel Proceedings

Ecuador notified a Dutch court of its request to annul the award on March 13, 2026, with a procedural correction filed on April 13. The companies’ U.S. action was assigned to Judge John D. Bates in the District of Columbia.

Primicias reported that the Procuraduría General del Estado had not issued a position by publication on the requested daily interest, financial guarantee, or the arguments in the Netherlands action.

What To Watch

• Whether the Washington court enforces, pauses, or conditions enforcement of the award.
• Any guarantee requirement pending the Dutch annulment case.
• Ecuador’s formal response in the U.S. proceeding.
• The award’s daily interest accrual as litigation continues.