Caverton Offshore Support Group Plc, yesterday announced its unaudited financial results for the half year (H1) ended June 30, 2025, showcasing a robust financial recovery with a profit before tax of N2.09 billion, up from a N3.7billion loss in the same period last year. The group’s profit moved from a loss of N3.7 billion in H1 2024 to N2.08 billion in H1 2025 […]
Caverton Offshore Support Group (COSG) Plc has announced the passing of a Non-Executive Director, Mr. Bashiru Bakare. According to a statement, the passing of Bakare after a brief illness, represents an immense loss to the Caverton family and everyone who had the privilege of knowing him during his lifetime. It said:“Mr. Bakare was an exceptional […]
The operations of Caverton Offshore Support Group Plc was affected substantially by the fluctuations in exchange rate and high cost of doing business in Africa’s most populous nation in the financial year ended December 31, 2023. Despite the tough terrain, the group recorded revenue of N31.99 billion, representing a growth of 9.4 percent compared with […]
Caverton Offshore Support Group Plc, the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, has announced its unaudited results for the period ended 30th June 2023. The results show a Profit-Before-Tax of N258 million. Commenting on the results, Caverton’s Chief Executive Officer (CEO), Bode Makanjuola, […]
Caverton Helicopters has achieved another milestone with the qualification by the European Union Aviation Safety Agency (EASA) as an official full flight simulator operator, using the Thales Level D, Reality H full-flight simulator product for the AW139 helicopter. With this achievement, Caverton will fully embark on the training and retraining of pilots in the certified […]
