Pennzoil Exploration & Production Co. v. Ramco Energy Ltd.

JOHN R. GIBSON, Circuit Judge:

The issue before us is whether Ramco’s 1 dispute with Pennzoil over development rights in the Karabakh Prospect, granted to Pennzoil by the Azerbaijan Government to satisfy obligations arising from work performed on a gas utilization project, is subject to binding arbitration. The district court held that the dispute is arbitrable under a Joint Operating Agreement entered into by Rameo, Pennzoil, and various other energy companies. Rameo appeals, arguing that the dispute does not arise under or relate to the Joint Agreement, but rather is governed by a June 7,…