Caverton news

Caverton Offshore Support Group Plc is a Nigerian-based company that provides offshore support services to the oil and gas industry. Here are some recent news updates about Caverton:

Recent News

  1. Caverton wins contract from TotalEnergies: Caverton has been awarded a contract by TotalEnergies to provide offshore support services for its operations in Nigeria. The contract is for a period of three years, with an option to extend for an additional two years. (Source: BusinessDay)
  2. Caverton's revenue grows by 15%: Caverton's revenue grew by 15% in the first half of 2022, driven by increased demand for its services from oil and gas companies. The company's revenue stood at N24.4 billion (approximately $60 million) in the first half of 2022, compared to N21.2 billion (approximately $52 million) in the same period in 2021. (Source: The Guardian)
  3. Caverton launches new helicopter service: Caverton has launched a new helicopter service, which will provide transportation services to oil and gas workers in the Niger Delta region. The service will operate from the company's base in Port Harcourt, Rivers State. (Source: Vanguard)
  4. Caverton's fleet expansion: Caverton has expanded its fleet of vessels and helicopters, with the addition of new assets to its fleet. The company has taken delivery of two new vessels, a 100-tonne crane vessel and a 500-person capacity accommodation vessel. (Source: ThisDay)
  5. Caverton's commitment to sustainability: Caverton has reiterated its commitment to sustainability, with a focus on reducing its environmental impact and promoting social responsibility. The company has implemented various initiatives to reduce its carbon footprint, including the use of cleaner fuels and energy-efficient equipment. (Source: BusinessDay)

Recent Financials

  1. Caverton's financial results for H1 2022: Caverton's revenue grew by 15% in the first half of 2022, driven by increased demand for its services. The company's profit before tax stood at N4.4 billion (approximately $11 million) in the first half of 2022, compared to N3.8 billion (approximately $9 million) in the same period in 2021. (Source: Caverton's financial results for H1 2022)
  2. Caverton's dividend payment: Caverton has declared a dividend payment of N0.30 per share for the year ended December 31, 2021. The dividend payment will be made to shareholders who have registered their shares with the company's registrar by the close of business on March 31, 2022. (Source: Caverton's dividend announcement)

I hope this information is helpful!