Latham & Watkins Advises Chevron in US$2 Billion Sale to Ithaca Energy Limited

London team involved in sale of Chevron North Sea Limited.

May 30, 2019

Ithaca Energy Limited has announced that it is to acquire Chevron North Sea Limited ("CNSL") for US$2 billion. Ithaca is a wholly owned subsidiary of the Tel Aviv stock exchange listed Delek Group Limited, Israel’s leading energy company. The transaction is expected to complete later this year following approval of the acquisition by the UK Oil and Gas Authority.

Latham & Watkins is advising Chevron in the transaction with a team led by London corporate partner Simon Tysoe, with tax partner Sean Finn, IP partner Deborah Kirk and associates George Venables, Stephen Kazerani, Murray Dunn, David Ziyambi, and Mark Sun.

 
 
Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.