Oil and gas firm Ithaca Energy said yesterday it had agreed to buy smaller rival Valiant Petroleum for £203million.
Independent oil and gas explorer Endeavour International is to consider selling its North Sea business as part of a strategic review.
Energy and mining giant BHP Billiton is said to be considering an exit from its North Sea operations.
Oil explorer Valiant Petroleum today became an oil producer after announcing its Causeway field had come on stream.
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.
Aberdeen-based oil services business Expro International is in talks to sell its manufacturing business to Siemens for £410million, it was reported last night.
US firm Rock Solid Images (RSI), formerly Aberdeen-based Offshore Hydrocarbon Mapping, said today it had made a promising start to 2012.
The board of Rock Solid Images (RSI) said the Aberdeen company could be sold after a strategic review of the business.
The chief executive of Aberdeen-based oil and gas company Fairfield Energy has resigned.
Oil and gas firm Oilexco North Sea (ONS) is poised to go into administration, leaving a questionmark over 50 jobs in Aberdeen.