the deal to buy intrepid north sea has been ongoing for the past two yearsLovells and US energy leader LeBoeuf Lamb Greene & MacRae have bagged the main advisory roles on the € 699m (£462m) sale of UK oil and gas company Intrepid Energy North Sea to Petro-Canada. LeBoeuf is acting for Intrepid and Lovells for Petro-Canada.

Corporate partner John Cooper, who heads Lovells’ energy and utilities team, said the transaction strengthens a preexisting relationship with Petro-Canada.