Website Design by Flash I.T. Solutions

News Update


Caverton Offshore Support Group Plc announces that Q2 2016 profit will be materially lower than expected

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 the year. Read more 

COSG 2016 Q1 financial results for the period ended March 31, 2016

Group revenues dropped in the quarter due slower business activities in the oil and gas space; however continued efforts to curb costs and increase efficiency across the group resulted in a 20% drop in directing operating expenses. Read more