Pinsent Masons Advises Ithaca Energy On Transformational North Sea Merger With Eni’s UK Upstream Business
03 May 2024 | 12:48 pm |
Multinational law firm Pinsent Masons is advising leading UK independent exploration & production company Ithaca Energy plc on its transformational combination with Eni S.p.A.’s UK upstream oil and gas assets, establishing Ithaca Energy as the second largest independent operator in the UKCS by 2024 production.
The deal is expected to create a strategic platform for long-term growth in the UK North Sea combining Ithaca Energy’s portfolio of development projects and efficient operating model with enhanced production from the Eni UK Business and Eni’s world-class technical expertise.
The Pinsent Masons team advising on the transaction was led by global head of O&G Rosalie Chadwick and partners Jonathan Woolf and Julian Stanier.
Commenting on the deal Rosalie Chadwick said: “This transaction continues our long history of advising Ithaca Energy on key corporate milestones on its journey to becoming one of the largest operators in the UKCS. We are delighted to have continued to assist Ithaca Energy on this latest transformational deal.”
The firm has an established relationship with Ithaca Energy spanning over 16 years which includes advising on Ithaca Energy’s £2.5bn IPO and US$1.5bn acquisition of Siccar Point in 2022.
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons bolsters mergers and acquisitions expertise with major UK team hire
Multinational law firm Pinsent Masons has today announced that its corporate bench in Manchester is set to grow with the hire of three leading M&A partners from EY.
Pinsent Masons hires Dan Naylor as new pensions partner in London
Multinational law firm Pinsent Masons has appointed pensions partner Dan Naylor to join the firm’s finance and projects team in its London office.
Pinsent Masons appoints corporate partner William Reichert to strengthen its Dubai office
International law firm Pinsent Masons has appointed partner William (Bill) Reichert to join the corporate team in the firm’s Dubai office from 1 September.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons Advises on World’s Largest Consented Offshore Wind Project
Multinational law firm Pinsent Masons has advised the developer in securing development consent from the Scottish Government for the Berwick Bank Offshore Wind Farm—now officially the largest consented offshore wind project in the world.
Pinsent Masons announces FY24/25 results
Multinational law firm Pinsent Masons has today unveiled its unaudited financial results for the year ending 30 April 2025. This year's results have delivered a revenue increase of 4.7% after a year of continued growth within the firm’s core sectors and across its jurisdictions.
Pinsent Masons advises on the acquisition of the Port of Nigg
Multinational law firm Pinsent Masons has advised Mitsui & Co. Europe Ltd (Mitsui) and Mitsui O.S.K. lines Ltd (MOL) on their joint acquisition of Global Energy Service Holding Limited, the holding entity of the Port of Nigg, from the Global Energy Group.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]