Thursday, June 27, 2019
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In a bid to improve local companies in order to show case their potentials in the oil and gas industry, the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has restated the corporation’s commitment to support indigenous companies operating in the oil and gas industry to thrive maximally.
The GMD made his intension known at the official unveiling of 11 new helicopters to Caverton Offshore Group, an indigenous aviation and marine logistics service provider, commended the company for its high quality services to the oil and gas sector.
Baru pointed out clearly that with the government efforts to stabilize the economy, NNPC would continue to encourage investors like Caverton Group in the keeping with the provisions of the Nigerian Content Act. He expressed confidence that the company would deliver on its new contract to provide aviation services for the NNPC/Chevron Nigeria Limited (CNL) Joint Venture project based in Escravos.
In his remarks, the NNPC boss posited that “The award of a new contract by the NNPC/Chevron JV and the capacity of the Caverton Group to respond and mobilize with the introduction of 11 brand new helicopters exhibit the quality of character and tenacity of purpose of the company’s management. The development also represents true commitment towards ensuring seamless running of the nation’s oil and gas industry and by extension the Nigerian economy.”
The firm was awarded last year a five-year logistics support contract by CNL, operator of the NNPC/CNL JV, for provision of aviation services with a two-year renewable option. He urged the company to continue to raise the bar in its business in order to position itself as company of choice in its chosen area of operation.
Responding to the positive gestures of the GMD, the CEO of Caverton Offshore Group, Mr. Olabode Makanjuola, thanked Baru and other partners for their consistent patronage, pledging that the company would continue to soar to greater heights. He recalled that when the company started, they were told that the business was an exclusive preserve of foreign companies, “but people like Dr. Baru kept encouraging us, in line with their belief in supporting the growth of indigenous companies.”
Makanjuola disclosed that over the years, the company had grown from a family business of six people to about 700 employees. The Caverton boss thanked the NNPC/CNL JV for the opportunity to participate in the latest Escravos project, even as he expressed confidence that Caverton would work hard to meet the expectations of its clients.

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