Caverton Offshore Support Group Plc, the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, has announced its audited results for the year ended 31st December 2021, showing a N4.3bn loss.
“Despite these results, Caverton remains the leading provider of oil and gas logistics in the Nigerian oil sector and will continue to strive to provide safe and efficient service to its clients whilst utilising its cash reserves to accommodate accrued losses. To further boost revenues, the Group has been exploring further opportunities within and outside the oil and gas sector.
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