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Caverton-helicopters

Nigerian Oil and Gas Sector Takes a Knock

Nigerian Oil and Gas Sector Takes a Knock

Companies such as Caverton and Bristow have taken a knock in the Nigerian oil and gas sector, due to the price decline of crude oil. Many clients have cancelled contracts or reduced them, causing the companies to struggle to stay afloat. The economic recession has caused many grievances for the employees of these two companies…. Read more »

Source: HeliHub.com, 21-Dec-16

Retrenched Caverton Workers Protest

Retrenched Caverton Workers Protest

Caverton Helicopters recently let go 150 of their staff without a severance package, only a month’s pay. The two leading aviation unions; National Union of Air Transport Employees (NUATE) and Air Transport Services Senior Staff Association (ATSSSAN) took up the issue and for two hours protested at the Caverton office inside the Murtala Muhammed International… Read more »

Source: HeliHub.com, 05-Dec-16

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150 Caverton Employees Retrenched

150 Caverton Employees Retrenched

Caverton Helicopters has recently retrenched 150 of its workers. The decision came without warning, with letters being delivered to the affected workers lastThursday. Most of the employees had been working for the company for over 10 years, reports Sahara Reporters. The National Union of Air Transport Employees (NUATE) has taken up the matter, claiming that… Read more »

Source: HeliHub.com, 25-Nov-16

Nigeria – Caverton expects H1 profit to be substantially down

Nigeria – Caverton expects H1 profit to be substantially down

Caverton Offshore Support Group Plc (Bloomberg: Caverton NL) the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria expects to report materially lower earnings for the period ending 30th June 2016 largely due to the unavoidable impact of the recent Naira devaluation which took place within the second quarter of… Read more »

Source: Caverton, 23-Aug-16

Shell extends Caverton contract with six AW139s

Shell extends Caverton contract with six AW139s

Caverton Offshore Support Group PLC (COSG), a leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria has announced that Shell Petroleum Development Company (SPDC) has exercised contract extension options with its subsidiary, Caverton Helicopters Limited for a two year period. See Full Story  

Source: The Business Dispatch, 01-Jul-15

Waypoint announces AW139/B412 Leasing Transaction with Caverton Helicopters

Waypoint announces AW139/B412 Leasing Transaction with Caverton Helicopters

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has reached an agreement with Caverton Helicopters Limited (“Caverton”), a leading provider of aviation and logistics services to local and international oil and gas companies in Nigeria, to lease one new AgustaWestland AW139 and one Bell 412EP, both of… Read more »

Source: Waypoint Leasing, 26-Feb-15

Caverton Helicopters adds ninth AW139

Caverton Helicopters adds ninth AW139

In recent days, Caverton Helicopters has added the ninth AW139 to their fleet, as part of its expansion plans to increase market share in the oil and gas offshore support business. in 2010, the company edged out long-established foreign operators to win a multi-year multi-million dollar contract from Shell involving six helicopters. A seventh helicopter… Read more »

Source: HeliHub.com, 08-Dec-14

CAE signs agreement with Caverton Helicopters for AW139 training centre in Nigeria

CAE signs agreement with Caverton Helicopters for AW139 training centre in Nigeria

CAE (NYSE:CAE)(TSX:CAE) today announced that it has signed an agreement with African-based Caverton Helicopters to provide training centre operation services over six years. The pioneer training centre will be located in Lagos, Nigeria and is scheduled to be ready for operation in mid-2015. CAE will be providing turnkey solutions that include the start-up, maintenance and… Read more »

Source: CAE, 12-Jun-14

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Caverton Helicopters orders three more AW139s

Caverton Helicopters orders three more AW139s

AgustaWestland, a Finmeccanica company, is pleased to announce that Caverton Helicopters has signed a contract for an additional three AW139 helicopters to support new clients in the West African sub-region. Caverton currently operates six AW139’s performing offshore transport missions in support of the oil and gas industry in Nigeria and is the largest operator of… Read more »

Source: AgustaWestland, 07-Mar-13

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Caverton Helicopters gets $85M loan from Shell Nigeria

Caverton Helicopters gets $85M loan from Shell Nigeria

Shell companies in Nigeria have supported an indigenous company, Caverton Helicopters, to upgrade its fleet with more advanced aircraft, the AW 139. By providing a loan of $85 million, Shell Nigeria empowered Caverton to place orders for six AW 139s, making it the largest operator of the aircraft in Sub-Saharan Africa. Two aircraft would be… Read more »

Source: Shell Nigeria, 19-Mar-12

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Nigerian CAA commits to work towards approval of night flying

Nigerian CAA commits to work towards approval of night flying

The Nigerian CAA have rejected a recent application from helicopter operators to commence night flying in the West African cuontry.  Director-General, Dr Harold Demuren, confirmed the situation during a meeting with major oil companies and helicopter operators in his office in Lagos – including representatives from the Directorate of Petroleum Regulations, Total, Chevron Oil, ConOil,… Read more »

Source: HeliHub.com, 21-Feb-12

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Caverton Helicopters takes delivery of three AW139s

Caverton Helicopters takes delivery of three AW139s

Caverton Helicopters of Nigeria has recently taken delivery of three (3) medium twin Agusta Westland helicopters to be used for offshore transport duties in support of the Oil and Gas industry in Nigeria. The helicopters are to be ferried from the Agusta factory in Vergiate, Italy to Nigeria and expected to commence commercial operations in… Read more »

Source: Caverton Helicopters, 30-Dec-11

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Caverton Helicopters signs for three AW139s

Caverton Helicopters signs for three AW139s

AgustaWestland, a Finmeccanica company, is pleased to announce that Caverton Helicopters of Nigeria has recently signed a contract for three AW139 medium twin engine helicopters. The aircraft will be used for offshore transport duties in support of the oil and gas industry in Nigeria. This order further strengthens the presence of AgustaWestland in Nigeria where… Read more »

Source: AgustaWestland, 26-Jun-11

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Aero Contractors loses offshore oil and gas operations to Caverton

Aero Contractors loses offshore oil and gas operations to Caverton

Aero Contractors rotary wing, which carries out over 35 per cent of offshore shuttle services for oil and gas companies, has lost a major Shell contract to Caverton Helicopters and multibillion naira major services in the off-shore operations

Source: This Day, 06-Sep-10

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DanCopter provides details of $630M Shell Nigeria contract

DanCopter provides details of $630M Shell Nigeria contract

[HeliHub.com was the first aviation website to break this story two days ago.  This press release merely confirms the fact and provides more details] The Norwegian based helicopter group Blueway has won its largest contract ever within the offshore sector. It has been awarded a five year contract, with an extension option of 2 x… Read more »

Source: DanCopter, 03-Jun-10

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Shell Nigeria signs big contract with Caverton/Dancopter partnership

Shell Nigeria signs big contract with Caverton/Dancopter partnership

The contract, which would last for five years and is renewable for another two years, is the biggest aviation contract between an international oil company and an indigenous one.

Source: Capital.gr, 01-Jun-10

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Scam in Lagos State: Helicopters purchased for crime fighting are converted to commercial use

Investigations by Saharareporters revealed that the revamping of Caverton was not the product of hard work on the part of its owners. Instead, it resulted from a questionable, and possibly fraudulent, attempt to convert helicopters belonging to the Lagos State government into private commercial use – and for private corporate profit.

Source: Sahara Reporter, 22-Nov-09

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