Norwegian financial services group DnB said Aberdeen was a natural point to continue the expansion of its international network. The group, the largest financial group in Norway, opened its new office in Aberdeen just over a month ago.
Hopes that Greece will reach an agreement with lenders to avoid a default faded today, causing London's leading shares index to retreat from a six-month high.
International oil and gas services group Hunting said yesterday profits for 2011 were likely to have exceeded the City's predictions for a haul of up to £72.8million.
Yesterday's announcement from Ithaca adds fuel to the potential for further takeover activity in the North Sea just weeks after Premier Oil completed its acquisition of EnCore Oil.
Italian group Eni's oil output in Libya is almost back to its pre-conflict levels at 260,000 barrels per day (bpd), its chief executive Paolo Scaroni has said.
London's leading shares index ended four days of gains today after ongoing talks in Greece over the country's debt mountain kept traders on the sidelines.
Premier Oil said today it was on course to grow production by around 50% during 2012, in line with its previous target, and would focus more on existing assets than new acquisitions this year.
London's leading shares index closed above the 5,700 mark for the first time in nearly three months today but global growth fears continued to spook investors.
The London market closed ahead today as investors took the loss of France's gold-plated AAA credit rating and speculation over Greece's future in the eurozone in their stride.
Lundin Petroleum Norway said today its resource estimates on the southern part of the large Avaldsnes discovery would most likely be cut following an appraisal well.
Aker Solutions has won a three-year frame agreement worth about £94million for work on Talisman Energy's maintenance and modifications projects on the Norwegian continental shelf.