Ithaca to snap up rival
Oil and gas firm Ithaca Energy said yesterday it had agreed to buy smaller rival Valiant Petroleum for £203million.
strategic review
Endeavour may sell stake in North Sea
Independent oil and gas explorer Endeavour International is to consider selling its North Sea business as part of a strategic review.
BHP considers North Sea exit
Energy and mining giant BHP Billiton is said to be considering an exit from its North Sea operations.
Causeway comes online
Oil explorer Valiant Petroleum today became an oil producer after announcing its Causeway field had come on stream.
KCA Deutag has new chief
Aberdeen drilling contractor KCA Deutag has made chairman Norrie McKay its new chief executive as part of plans to double the business in the next five years.
Expro talks on £410m selloff
Aberdeen-based oil services business Expro International is in talks to sell its manufacturing business to Siemens for £410million, it was reported last night.
Rock Solid says it has made a good start to 2012
US firm Rock Solid Images (RSI), formerly Aberdeen-based Offshore Hydrocarbon Mapping, said today it had made a promising start to 2012.
Rock Solid Images appoints corporate finance advisor
The board of Rock Solid Images (RSI) said the Aberdeen company could be sold after a strategic review of the business.
Fairfield boss steps down after review
The chief executive of Aberdeen-based oil and gas company Fairfield Energy has resigned.
Fears for jobs as oil and gas firm faces administration
Oil and gas firm Oilexco North Sea (ONS) is poised to go into administration, leaving a questionmark over 50 jobs in Aberdeen.