Three60 Energy has acquired Aberdeen-based engineering firm Samphire Subsea in a multimillion pound deal hailed as the "missing part of the jigsaw".
Walter Thain, chief executive of Three60, said the company wasn't "backing away" from its oil and gas businesses, but admitted it needs to prepare for the future.
“We have really diversified our business to become a wider energy services company,” he said.
Samphire Subsea was formed 12 years ago by husband and wife Paul and Karen Soutar.
It's 20 employees will now "swap boiler suits" to join 360, said Mr Thain.
Read the full story in today's Press & Journal.