Linklaters has taken a key role alongside five other firms on BP’s $7bn (£4.6bn) acquisition of assets in Azerbaijan, Brazil, and the Gulf of Mexico from oil and gas producer Devon Energy, reports The Am Law Daily.

Linklaters M&A partner Joshua Berick, corporate partner Stephen Griffin, and associates Colin Greenspon and Graham Phillips are advising BP on the acquisition. The magic circle firm is a longstanding adviser to BP and represented the oil giant on its $110bn (£72.5bn) merger with Amoco in 1998.