(PRWEB) December 29, 2011
Caverton Helicopters, Limited, long serving the logistics and aviation needs of oil and gas companies in Nigeria, is proud to announce their first international contract. The company has been awarded a five year contract providing aviation logistics support services to Cameroon Oil Transportation Company SA (COTCO). COTCO is operated by ExxonMobil, which is also a stakeholder in the company, along with Petronas Malaysia, Chevron and the governments of Chad and Cameroon.
Caverton will support a multi billion dollar development project comprised of over 300 oil wells, expected to extract approximately one billion barrels of oil over twenty-five years. It is one of Africa's largest public/private development projects. Once extracted, oil will be transported by a 640 mile underground pipeline, through neighboring Cameroon, to an offshore export loading facility.
Adeniyi Makanjuola, the Executive Vice Chairman of Caverton Helicopters said “We are happy to announce Caverton’s first international contract, which attests our commitment to expand our operations beyond our home base in Nigeria.” Caverton aims to serve oil and gas companies continent wide.
Under the terms of the contract, which was awarded last October, Caverton Helicopters will provide one DHC-6-300 (Twin otter) airplane. The Twin Otter to be provided is a 19-passenger high-winged, unpressurized, twin-engine turboprop utility aircraft developed by de Havilland Canada. The aircraft has a fixed undercarriage, STOL (Short Takeoff and Landing) abilities and high rate of climb which has made it a successful cargo, regional passenger airliner and MEDEVAC aircraft. The aircraft will be equipped to serve oil and gas companies with color weather radar, radar altimeter, and other state of the art navigational aids.
The contracted aircraft will be used for onshore pipeline surveillance and passenger transfer services. The duration of the contract is for five years, with the option to extend for four additional years.
About Caverton Helicopters, Limited
Headquartered in Lagos, Caverton Helicopters operates out of facilities around Nigeria and provides a range of services, including transportation, maintenance, search and rescue and related logistics services to offshore oil and gas companies, as well as other business sectors.