PD&MS Energy, an Aberdeen-based engineering firm, is looking to recruit around 50 additional engineers by the end of the year.
The company, which employs more than 200 onshore personnel, has recently taken on extra space at its premises to handle an increase in demand for its services.
The business, founded in 2002, provides project design and management services, focusing mainly on areas including upgrades and maintenance for fixed platforms and mobile offshore drilling units. The company has contracts in the UK and Norway.
Thames boss gets bonus as profits fall
Thames Water chief executive Martin Baggs received a £274,000 bonus on top of a pay package of £450,000 last year, despite underlying profits falling 20 per cent and the company admitting that it had suffered from “a tough time financially because of increased costs”.
The firm is asking regulator Ofwat to allow an increase in bills to cover additional spending as well as the bad debts of customers. Ofwat said
it would challenge the proposals and “question the company strongly” on the reasons behind it.
News Corp acquires online soccer rights
News Corp has secured the rights to show online digital clips for English Premier League football and leagues in Indonesia, Japan and Vietnam, coinciding with the launch of new internet and mobile products later this week.
The mobile app and website are News Corp’s first product rollouts since it separated from the cable, television and movie studio assets now known as 21st Century Fox in July.
The owner of the Times and Wall Street Journal has been ramping up its sports digital portfolio as a way to broaden its audience and entice readership.
Cath Kidston plans flagship UK outlet
Homewares chain Cath Kidston is to open its largest ever store this year after sales leapt 19 per cent to £105 million on strong UK and overseas growth.
The fastest rise for fashion and homeware products came mainly from Asia, but sales grew 21 per cent in the UK, where it launched its latest store at Harrods last Friday.
The retailer, founded 20 years ago, opened its first store in China in January and is planning to open another in Shanghai this year, as well as its new flagship store in Piccadilly, London.