According to the report, 91% of the companies are planning to expand their presence internationally.
Companies agreed that mergers and acquisitions will be challenging in the current scenario, but are not impossible.
The report, Energy Evolution, highlights that 73 of the 101 companies surveyed expects around 8,000 potential new jobs will be created over the next two years.
As many as 49% of respondents are interested in diversifying into both renewable energy and shale gas.
Bank of Scotland Aberdeen and North Scotland area director Stuart White said: "While it is obvious the North Sea is facing some serious challenges, this research paints a clear picture of a global industry, which having dealt with similar commodity price challenges in the past, is determined to come through fitter and stronger.
"Firms continue to be concerned by an aging workforce and a lack of skills, which explains why the industry is determined to get through the current storm without major workforce reductions.
"North Sea firms are seen as world leading so it is therefore not surprising they are looking at international expansion opportunities where they can enjoy continued growth backed by the strong expertise they have developed here in the UK."
Image: Around 73 of the 101 companies surveyed see potential for around 8,000 new jobs. Photo: courtesy of Bank of Scotland plc.
