Share Price : ₦4.72
Milestones
2025
formation of Unity Shipping Worldwide Ltd headquartered in Dubai

The Stena-Caverton-NNPC joint venture agreement was officially signed in February 2025 in London, marking a strategic partnership to enhance operational capacity and market reach across West Africa.
2024
Caverton helicopters commenced operations in Ghana with the provision of an initial 6 weeks helicopter services for Springfield E&P
Caverton helicopters signed contract with Nigerian Agip Exploration (NAE)
Completion of maintenance and release to service of NAF Helicopter

Completion of maintenance of Republic of Benin Presidential Helicopter
Kick-off of Pilot Training agreement with the Senegal Air force
2023
Caverton Marine Boat yard expansion
Aviation Training Center (Unveiling of the Leonardo AW109 FNPT II MCC / FTD Level 5 Simulator

Caverton Marine Acquired ISO 9001 certification
Caverton Marine Delivered 15 forty seater commercial ferries

Caverton Marine Commissioned design and research center
2022
Caverton Marine developed and designed first prototype 40 seater ferry

2021
Caverton Marine Commenced operations at boat yard

2020
Caverton Helicopters acquires ISO 45001:2018 certification
2019
Caverton acquires first full flight AW139 simulator in Nigeria & Africa from Thales

Caverton helicopters moves towards adopting Ramco software solution
Caverton receives S76 C++

2018
Caverton commences Chevron contract in Escravos
New Bell 407 and 412 fleet introduced into Caverton operations

Caverton introduces Heliwise for HUMS
2017
Caverton helicopters awarded 5 Year contract with Chevron
CSR: Construction of 6 blocks of Classroom for Ogunnu Community

H25 (formerly AS350) fleet introduced into Caverton operations
2016
Grand opening of new hanger in Port Harcourt
Construction of Maintenance Repair and Overhaul (MRO) facility progresses

2015
Shell exercises contract extension option for a two year period
Capt. Choms MD Caverton Helicopters Elected to Board of Helioffshore
Signed Helicopter Charter Service Agreement with NNPC
COSG migrates to SAP Enterprise Resource Planning tool
2014
Commissioning of 500-seater ‘CAVERTON HALL’ at Federal University of Technology Minna Niger State

Marine operations upgraded to “AA” by Nigerian Content Development Board (NCDMB)
Listing by introduction on the Nigerian Stock Exchange (NSE)

Caverton Signs Landmark Agreement with CAE to build and operate Training centre
Delivery of additional AW139 Helicopter
SEPCOL contract
TOTAL Contract Extension
2013
Won a 3-year contract from Total Upstream
Won a 4-year contract Shell Petroleum Development Company
2012
Won a 5-year contract from Cameroon Oil Transportation Company (a subsidiary of Exxon Mobil)
2011
Won a 3-year contract from Total Exploration
We secured a notable victory by winning a 3-year contract from Total Exploration, further solidifying our position as a trusted partner in delivering top-tier services to the oil and gas industry.
Caverton Marine Signed JV agreement with RK offshore Ltd
Caverton Marine was awarded a contract to serve as protective Agent for NLNG Domestic LPG Scheme
2010
Caverton Helicopters was awarded a $630m 5-year contract with Shell Petroleum
Caverton Helicopters was awarded a significant $630 million 5-year contract with Shell Petroleum, underscoring our reputation for reliability and excellence in providing aviation services to the oil and gas sector.
2009
Caverton Helicopters passed the Shell audit
Caverton Helicopters successfully passed the Shell audit, affirming our commitment to the highest standards of safety, quality, and operational excellence in the aviation industry.
Caverton Helicopters signed two technical agreements with Heli Union of France and Dancopter of Denmark
2008
$133m Capital raise via a private placement.
We successfully raised $133 million through a private placement, demonstrating our ability to attract strategic investment and strengthen our financial foundation. This capital infusion positions us for sustained growth and enables us to seize new opportunities in our industry
2007
Acquired 2nd LPG carrier
We significantly bolstered our maritime capabilities by acquiring our second LPG carrier. This strategic addition to our fleet further solidified our commitment to providing comprehensive and reliable maritime services.
Acquired 2nd Domestic LPG carrier MT Blue Gas • Chartered 1 LPG storage vessel BW-SAGA

Chartered 1 LPG storage vessel
Acquired 2nd fixed wing craft
Commissioned 3rd operating base, Port Harcourt
2006
Acquired 5 helicopters
Acquired 1st fixed wing craft

2005
Acquired 1st tanker.
Acquired 2nd Petroleum Vessel MT Lolade
Acquired license to operate rotary wing aircraft
Commissioned 1st in-town heliport in Lagos

2004
Acquired 1st Petroleum Vessel MT Ashabi
2003
Acquired 1st LPG carrier MV Awero
Commissioned 1st hangar

We are excited to announce the commissioning of our first hangar, a milestone achievement that enhances our capabilities and underscores our commitment to excellence in aviation services.
Obtained down-town heliport license
We are proud to announce that we have obtained the Down-Town Heliport License, a significant achievement that enables us to expand our aviation services and better serve our clients in urban areas.
1999
Commenced operations
We are pleased to announce the commencement of operations, marking the beginning of our journey towards delivering exceptional service and value to our clients and stakeholders.