Ashurst advises Gran Tierra Energy on proposed sale of UK subsidiary to NEO Energy
05 June 2025
Global law firm Ashurst has advised Gran Tierra Energy Inc. on the proposed sale of its UK subsidiary Gran Tierra North Sea Limited, which holds a 100% interest in the UKCS Serenity discovery, to NEO Energy.
Completion of the transaction is subject to certain conditions precedent, including consent from the North Sea Transition Authority. The transaction is expected to complete during the third quarter of 2025.
The Ashurst team was led by partner Quentin Robinson, supported by a core team comprising senior associate Jack Jones, associate William Morgan and trainee Millie McElroy. Partner Nicholas Gardner advised on tax matters, supported by senior associate Shayaan Zaraq Bari and associate Luis De Freitas.
