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 advises Cosonic on the acquisition of beyerdynamic Group
Multinational law firm Pinsent Masons, together with China Commercial Lam Lee Lai (Qianhai) Law Firm (CCL), has advised Cosonic International Pte. Ltd. on the acquisition of the beyerdynamic Group. The transaction value amounts to approximately USD 150 million.
Pinsent Masons unveils enhanced employment tribunal service to address mounting claims volumes
Multinational law firm Pinsent Masons has today announced an enhanced employment tribunal proposition, Employment Tribunals Reimagined, designed to help clients manage the increasing volume of employment tribunal claims.
Pinsent Masons and Knights advise London & Quadrant Housing Trust on the sale of its PRS business
Pinsent Masons and Knights have advised London & Quadrant Housing Trust (L&Q) on the successful sale of its private rented sector (PRS) business, trading as Metra Living, in a deal valued at £1,045 million.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises Peel Hunt on EnQuest's strategic reverse takeover
Pinsent Masons is advising Peel Hunt in its capacity of Sponsor in London Stock Exchange-listed EnQuest’s proposed $833 million acquisition of participating interests in four offshore production sharing contracts in Malaysia.
Global study from Pinsent Masons finds CCS remains dominant, but low-carbon investors looking to diversify
New research from multinational law firm Pinsent Masons shows carbon capture and storage (CCS) remains a global priority for low-carbon players, with 90% of respondents having already invested in or developed a CCS project and 78% planning to do so again in the year ahead.
Pinsent Masons continues to strengthen its Energy practice with the appointment of Lucía González as M&A Energy Partner
Pinsent Masons continues to enhance its Energy practice in Spain with the appointment of Lucía González as an M&A Energy Partner, further strengthening the Madrid-based team led by Hermenegildo Altozano.
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]