ABERDEEN oil service company Sparrows is creating a further 100 jobs in the city on the back of new contracts.
Sparrows said yesterday it was looking to take on 143 more workers, including 101 in Aberdeen.
Chief executive Doug Sedge said the expansion was due to confidence in the global offshore market and a “robust” order book. He added: “The new positions will bolster our existing team to work on new and existing contracts and help us gear up capacity for further new business.”
Sparrows is an offshore lifting, handling and fluid-power specialist.
It is owned by Close Brothers Private Equity and its directors.
The firm’s latest recruitment drive comes less than two months after it announced it was adding 120 people to its payroll, including about 80 in the north-east, to meet client demand.
Sparrows has already created 195 jobs across its operations during 2011.
The firm, which employs more than 1,100 people in the north-east out of a global workforce of 1,600-plus, has also strengthened its training and development programmes.
It currently has 36 graduate engineer trainees, 15 engineering apprentices, six draughting apprentices and more than 150 offshore technicians working towards externally-awarded vocational qualifications.
Yesterday’s announcement follows news earlier this year that Sparrows has secured £32million of new contracts and extensions.
Mr Sedge said: “Our healthy figures and forecasts have placed us in an enviable position, which is attracting significant interest in the company.
“While we will inevitably continue to be a target for potential buyers, this is not in our short to medium-term plan.
“We remain focused on and committed to building the business, bedding in new contracts and attracting, retaining and developing our people.”
The company is targeting 20% growth in earnings before interest, tax, depreciation and earnings in 2011.
Last year’s results were hit by a fall-off of activity in the Gulf of Mexico following the Macondo oil spill, with profits down 12% at £13.9million on sales that dropped 10% to £149.5million.