ARBITRATION - THE SUBMISSION AND REFERENCE - POWER OF COURT TO STAY - GENERALLY - FACTORS RELEVANT TO EXERCISE OF POWER TO STAY

摘要

This matter involves a complex contractual (farmin) dispute between Origin Energy Resources Ltd (Origin), Benaris International NV (Benaris) and Woodside Energy Ltd (Woodside) concerning the farmin terms for the exploration and testing for and development of natural gas and petroleum in the Bass Strait. Origin applied to the Supreme Court of Tasmania for an order restraining Benaris from terminating the contract. Woodside has a subsidiary contract with Origin and will be affected by the outcome of the dispute between Origin and Benaris. Woodside has commenced separate proceedings against the other parties to protect its interests.