Shell Petroleum Development Company (SPDC) has extended its contract with Caverton Helicopters Limited a subsidiary of 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.
Caverton won a five-year contract with Shell in 2010 for the operation of six helicopters servicing Shell Companies in Nigeria. The extension will see Caverton servicing the company till 2017.
Caverton’s Chief Executive Officer, Olabode Makanjuola, who spoke on he extension, said: “We are delighted and encouraged that Shell continues to build on this partnership started years ago.”
“Over a four-year period prior to the award of the contract, through a rigorous process of engagements, audits and reviews, our processes had been honed in accordance to Shell’s requirements and operating standards. As part of Shell’s commitment to grow in-country capacity, Caverton participated and won a five (+2) year tender to provide 6 x AW139 helicopters for Shell operations in Nigeria.
“To further demonstrate commitment to National Content Development, Shell provided opportunity for a ‘soft’ loan knowing full well the challenges present in the financial sector of the Nigerian economy. This investment has positioned Caverton as one of the biggest aviation logistics provider in the sub-Saharan region.”
Makanjuola further noted that during the five years of the contract, through a structured performance monitoring system, Shell has encouraged Caverton in building capacity in safety and quality standards, thus positioning Caverton as a reference point for best global aviation practices.
The new contract will run for two years.