Cabship Eyes Strengthened Logistics in Africa, Joins African Energy Week (AEW) 2025 as Silver Partner
Celebrating 16 years of operations in 2025, Cabship has emerged as a strong logistics partner for oil and gas companies in Angola – sub-Saharan Africa's second largest oil producer. The company is committed to enhancing the Angolan logistics value chain through infrastructure developments, modernized solutions and strong ties with international energy companies. With digitalization and diversification at the fore, the company works closely with operators in Angola as they strive to enhance crude production, diversify the energy industry through non-associated gas developments and scale-up energy exports and regional distribution.
Recent projects spearheaded by Cabship reflect this commitment. Notably, the company has bolstered its infrastructure in recent years under efforts to streamline oil and gas trade and storage. The company is looking at acquiring 50,000 m² construction yard near Malongo in Cabinda, which will enhance fabrication and logistics capabilities in both Cabinda and Soyo in Angola. Cabship is also in the process of establishing a diving and offshore marine support company in the Cabinda Special Economic Zone in partnership with maritime services provider Octomar. An agreement was signed between the companies in 2023. As of late-2024, the partners were finalizing key infrastructure plans and advancing discussions to acquire the requisite assets for marine and diving operations. The newly established marine company will play a strategic part in supporting offshore oil and gas operations, particularly as Angola plans to award new offshore concessions in the planned 2025 licensing round.
Cabship has a strong track record of working with a range of international operators in Angola. The company has provided a range of support services for upstream operators, including energy major Chevron and international energy company Azule Energy – some of the biggest operators in the country. Services include critical logistics and material management. Additionally, Cabship conducted comprehensive inventory audits for Etu Energies – Angola's largest private oil company. The audit has significantly improved the reliability, availability and efficiency of Etu Energias' inventory management.
Beyond Angola, Cabship is working at strengthening its global ties. The company has expanded its presence in the global landscape, recently opening an office in Houston in the United States. The Houston division will support the company's procurement activities in Angola, providing a crucial link between the African nation and Houston – considered the world's oil and gas hub. Specifically, the office will aid Chevron's operations across the southern African region, thereby supporting new investments and upstream operations. Stepping into this picture, Cabship's participation at AEW: Invest in African Energies 2025 will support future collaborations and global partnerships. As the company seeks to expand its presence, taking Angolan expertise worldwide, AEW: Invest in African Energies 2025 will serve as a catalyst for global connections.
'Cabship is a company that is committed to Africa's oil and gas future. By enhancing its logistics and upstream service offerings, working closely with international operators and leveraging global partnerships to strengthen procurement, the company is positioning Africa as a key destination for oil and gas development. Angolan oil production will be driven by companies across the logistics sector, with Cabship at the fore,' states Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber.
Distributed by APO Group on behalf of African Energy Chamber.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
11 minutes ago
- Khaleej Times
NMDC Energy H1 revenue accelerates 41% year on year, and net profit climbs 16%
NMDC Energy, a majority-owned subsidiary of NMDC Group, on Wednesday announced that its diversified revenue streams delivered a 41 per cent year-on-year surge in revenue in the first six months of 2025 to reach Dh8.2 billion, and a 16 per cent rise in net profit to Dh583 million over the same period. With award wins in the first half of 2025 totaling Dh13.9 billion, and a backlog that stood at Dh49.9 billion by the end of June 2025, NMDC Energy continues to pursue opportunities that align market demand with its long-term strategy, whereby it continues to build its pipeline of projects, which reached Dh66 billion by the end of the second quarter. In Q2 2025, revenue grew 21 per cent year on year to Dh4.4 billion and a net profit of 12 per cent to Dh366 million, supported by sustained momentum across core EPC and industrial operations. NMDC Energy's 400,000 sqm fabrication yard in Ras Al Khair, Saudi Arabia, became fully operational during the quarter. The facility strengthens the company's offshore EPC and modular construction capabilities across the region, supporting both current delivery and future growth. Mohamed Hamad Almehairi, Chairman of NMDC Energy, said: 'Our progress this quarter demonstrates NMDC Energy's pivotal role in building regional industrial capability at pace and at scale, as we charter a strategic path that emphasizes future-ready initiatives and targeted growth. These are not just partnerships – they are the building blocks for long-term value and self-sufficiency – as we invest our traditional strengths and emerging opportunities to deliver growth and operational excellence at the forefront of the evolving energy sector.' Ahmed Salem Al Dhaheri, CEO of NMDC Energy, added: 'We continue to build precision and scale into our operations. We advanced local manufacturing partnerships, expanded regional fabrication capacity, and brought one of the Gulf's most advanced yards online. These steps position NMDC Energy to undertake more complex EPC work – faster and at a greater scale. We are building the next phase of our growth with precision, ambition and impact as we shape a world where infrastructure meets excellence.' NMDC Energy continues to strengthen its long-lasting relationship with Aramco, with a 3-year extension to its long-term agreement (LTA) and an option for an additional 3 years. This extension solidifies NMDC Energy's continued role in supporting Aramco's offshore projects and contributing to Saudi Arabia's economic ambitions. With more than 50 years of experience and a strong track record of successfully executed projects, NMDC Energy is on course for even greater gains as it continues to explore new growth opportunities and expand its reach.
Zawya
11 minutes ago
- Zawya
Accor appoints Raki Phillips as Regional President for Premium, Midscale & Economy Division in Middle East, Africa & Turkiye
Dubai: Accor has announced the appointment of Raki Phillips as Regional President for the Premium, Midscale & Economy (PME) division across the Middle East & Africa & Türkiye, effective November 2025. He succeeds Paul Stevens in leading one of Accor's most strategically important regions. Phillips will oversee hotel operations performance across a network of over 250 hotels in 27 countries, and a robust pipeline of over 85 openings further anchoring Accor's presence across the region. He will report to Duncan O'Rourke, Chief Executive Officer of Accor's Premium, Midscale & Economy division in Middle East Africa & Asia Pacific. With more than 20 years of global experience, Raki Phillips is widely regarded as one of the most influential tourism leaders in the Middle East. Most recently, he held the role of CEO of Ras Al Khaimah Tourism Development Authority (RAKTDA), where he spearheaded the Emirate's transformation into one of the region's fastest growing and most progressive tourism destinations. Under his leadership, the destination tripled tourism revenues, expanded its international airlift, helped secure the Wynn Resorts deal - the largest FDI in the emirate - and launched landmark sustainability initiatives. Phillips is also a former Fairmont Raffles Hotels International executive, where he held senior commercial roles and contributed to global brand expansion, adding operational depth and luxury expertise to his wide-ranging profile, including the ramp up of the Fairmont, Raffles and Swissôtel Makkah Complex as well as Fairmont hotels across the Middle East and India. His earlier career includes senior roles with Ritz-Carlton and Universal Studios Orlando, blending deep operational experience with a sharp commercial mindset. In recent years, he has been consistently recognised among the Middle East's top travel and tourism executives, noted for his ability to drive results through culture, community engagement, and innovation. 'Raki brings a rare combination of commercial agility, regional knowledge, and purpose-led leadership. As we move into the next stage of growth in the Middle East, Africa and Türkiye, it's important we strengthen our leadership presence locally. With his deep understanding of the region, and strong relationships across both public and private sectors, Raki is perfectly positioned to deepen our community ties, accelerate development, and continue to elevate the strength of our brands. His appointment reflects our long-term commitment to the region and our belief in the power of local leadership to drive impact,' Duncan O'Rourke, CEO, Premium, Midscale & Economy, MEA APAC, Accor. Phillips' appointment follows the announcement that Paul Stevens shall be departing in October. Paul's tenure with Accor spans nearly three decades. Under Paul's leadership, we've seen strong growth, operational excellence, and a deep cultural shift. He built a unifying One Team spirit and launched standout initiatives like Choir Games, Think Like an Owner, and Race to Survive, raising millions for children's health and community causes. A committed champion of inclusion and purpose, he led DIA, Purpose Week, Accor's Purpose Statement, and localised RiiSE and SheLeads across Africa, Saudi Arabia, and Türkiye. His impact earned global recognition, including Best Business Unit and multiple Bernache Awards for ESG and business excellence. Phillips joins Accor at a time of strong momentum across the region, with over 350 hotels, 92k rooms and 140 hotels (31K rooms) in the pipeline. The Group's Premium, Midscale &Economy division has posted healthy year-on-year growth, with key markets such as the UAE, Egypt, and Saudi Arabia showing strong performance and development potential. With an ambitious pipeline and growing demand for diverse hospitality experiences, his appointment reinforces Accor's commitment to local leadership and market-led innovation. Based in Dubai, Phillips will oversee a diverse brand portfolio that includes Swissôtel, Pullman, Mövenpick, Novotel, Mercure and ibis, while also supporting owners and partners to unlock long-term value and guest loyalty. ABOUT ACCOR Accor is a world-leading hospitality group offering stays and experiences across more than 110 countries with over 5,600 hotels & resorts, 10,000 food & beverage venues, wellness facilities and flexible workspaces. The Group has one of the industry's most diverse hospitality ecosystems, encompassing around 45 hotel brands from luxury to economy, as well as lifestyle with Ennismore. ALL Accor, the booking platform and loyalty program embodies the Accor promise during and beyond the hotel stay, gives its members access to unique experiences. Accor is focused on driving positive action through business ethics, responsible tourism, environmental sustainability, community engagement, diversity, and inclusivity. Accor's mission is reflected in the Group's purpose: Pioneering the art of responsible hospitality, connecting cultures, with heartfelt care. Founded in 1967, Accor SA is headquartered in France. Included in the CAC 40 index, the Group is publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States.
Zawya
an hour ago
- Zawya
Affluenz Magazine Unveils Commemorative Issue Spotlighting United Arab Emirates (UAE) Founding Father Sheikh Zayed, Noura Al Kaabi, and African Visionary Elvis Sepenya
Affluenz Magazine ( International's leading global luxury, leadership, and impact publication, has officially released its much-anticipated July/August 2025 issue — a special edition commemorating the 20th anniversary of the passing of His Highness Sheikh Zayed bin Sultan Al Nahyan, the Founding Father of the United Arab Emirates. This commemorative edition features a powerful trio of cover stories — spotlighting the enduring legacy of Sheikh Zayed, the cultural diplomacy of UAE's Minister of State, Noura bint Mohammed Al Kaabi, and the entrepreneurial excellence of Elvis Sepenya, CEO of Skywise Group, one of Africa's most innovative investment firms. This historic issue celebrates Sheikh Zayed's vision of unity, progress, and inclusion — a legacy that continues to define the modern UAE. Affluenz Magazine delves into his leadership, values, and role in positioning the Emirates as a hub of diplomacy, innovation, and tolerance. Also on the cover is Noura Al Kaabi, a global advocate for cultural dialogue and creative economies. In her exclusive interview, she discusses the UAE's mission to foster global cultural exchange and its investment in youth empowerment across the Arab world and Africa. Rounding out the trio is Elvis Sepenya, the young African magnate who has risen to prominence through Skywise Group's diversified holdings in aviation, real estate, and tech. His story of resilience, reinvention, and corporate leadership offers inspiration for a new generation of African entrepreneurs. Beyond the covers, the issue features in-depth profiles on several influential leaders and institutions across Africa and the Middle East — from oil and gas executives and royalty to social innovators and philanthropists — all of whom are making measurable impact in their sectors and communities. Beyond its striking covers, the July/August 2025 edition of Affluenz Magazine delivers an enriching array of exclusive features and compelling interviews that spotlight transformative figures shaping Africa and the global stage. Among the celebrated personalities is Ameera Abraham, the trailblazing founder of The Nail Bar, who shares her journey in redefining luxury wellness and empowering a new wave of African beautypreneurs. Equally inspiring is Tonya Lawani, the formidable force behind SEAL Group, whose strategic leadership continues to drive innovation and empowerment across industries. Linda Turner, founder of Linda Hope Initiatives and CEO of Jat Holdings, exemplifies the powerful blend of business acumen and humanitarian spirit. With ventures spanning real estate, fashion, interior design, and hospitality, she personifies resilience and compassion, balancing her roles as a mother, wife, entrepreneur, and advocate—all grounded in her unwavering commitment to uplifting lives. Adunni Rinwa emerges as a beacon of integrity and innovation in Nigeria's real estate sector. As founder and CEO of Rinwa Realty, she has revolutionized property investment and homeownership, raising the bar for transparency and delivery in the industry. The issue also features Hassan Imam, Managing Director of Keystone Bank, recognized for his strategic role in redefining digital banking and financial inclusion in Nigeria. From the UAE, Hussain Abdulrahman Khansaheb is profiled for his contributions to sustainable urban development and visionary leadership in construction and infrastructure. Adding to the intellectual gravitas of the edition is Peace Hyde, celebrated media entrepreneur, educator, and founder of Aim Higher Africa. Her voice continues to inspire a generation to dream big and build boldly. Together, these stories reflect the essence of Affluenz Magazine: a publication committed to elevating Africa's voices, capturing legacies in the making, and connecting excellence across continents. Founded in 2011 as Pleasures Magazine and rebranded as Affluenz Magazine in 2024, the publication has evolved into a world-class platform that highlights African and Middle Eastern excellence, entrepreneurship, and culture. With editorial offices in Abuja, Dubai,Riyadh Accra, Washington DC and London, the magazine reaches readers in over 103 countries and maintains syndication through platforms like Yahoo Finance, Business Insider, and Washington Times. Speaking about the new edition, Executive Publisher Adedotun Olaoluwa remarked: "This special issue is not just a tribute to Sheikh Zayed, but a celebration of global visionaries — individuals building bridges across continents. Affluenz continues to be a vessel for celebrating our shared humanity and transformative leadership from Africa to the Middle East." The July/August 2025 issue is now available in digital and print formats across select global outlets, including Barnes&Noble (US), WHSmith (UK), and Virgin Megastore (UAE), as well as through Affluenz's official website: and Selar ( Distributed by APO Group on behalf of The Affluenz (formerly Pleasures Magazine).
