Caverton Helicopters Limited – a subsidiary of Caverton Offshore Support Group PLC, has taken delivery of another AW139 helicopter to boost its fleet.
This delivery brings the total number of AW139 helicopters in its fleet to nine, further establishing Caverton as the leading operator of this most modern helicopter in Africa.
The airline says the addition of this aircraft, with registration number 5N-BSG, is in line with its fleet expansion plans and it enables it to adequately support our existing contracts as a leading provider of aviation logistics services to oil and gas multinationals within and outside the country.
“With a shift in strategy from partnerships with foreign helicopter firms to sole participation, Caverton has come of age over the last ten years. Bringing our own aircraft gives us more control, increases efficiency and ultimately improves our bottom-line. We are primed to continue to use the AW139 to service the oil and gas industry in Nigeria.”
It would be recalled that in 2010, Caverton Helicopters edged out long-established foreign operators to win a multi-million dollars, multi-year contract from Shell Petroleum Development Company for the supply and operation of six helicopters.
A seventh helicopter was added in May 2014. Won after a rigorous competitive bidding process, it is on record as the biggest contract ever awarded by the oil multi-national to an indigenous company.
In 2013, the company commenced its first international operation after it won the contract to provide passenger transfer and pipeline surveillance services to the Cameroon Oil Transport Company (COTCO), a subsidiary of ExxonMobil.
It would also be recalled that in June this year, the company signed an agreement with CAE, a Canadian firm, for the construction and operation of the first commercial flight simulation centre in Africa. This centre will also double as maintenance repair and overhaul facility and is in line with our vision is to be a one-stop-shop for training and logistics services in sub-Saharan Africa.
Caverton Helicopter Limited is one of the subsidiaries of Caverton Offshore Support Group (COSG), which listed on the Nigerian Stock Exchange, making history as the first oil and gas services company to go public in a move seen as a boost for indigenous capacity and a plus for the local content policy of the federal government of Nigeria. Recently, COSG announced its unaudited Q3 2014 financial results showing a 34 percent increase in revenue with improved operating performance.
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