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ODE targets North Africa market
27th May 2008
| International engineering contractor ODE has established its first roots outside the UK with a new North Africa office in Cairo. The London-based company believes there is tremendous potential in and around Egypt to further develop its oil and gas interests. “UK interest is probably bigger there than in any other country in the world and there is everything you need to do business. We want to be part of that action,” said ODE chairman and managing director Peter Godfrey. Most of the major national companies are operating in Egypt, nearly all from UK bases. ODE already has business there but wants to expand it considerably. The Cairo office is in the New Maardi area near most of the oil and gas companies. It is being headed by former BG man Neil Clark who has lived in the city for a long time, is integrated into the business community and has even helped to set-up an ex-pats club there. “There is a lot of support from the British Embassy where Keith Melville – a one-time oil and gas driller – is director of trade and industry,” said Mr Godfrey. “We’ll be holding a formal launch for the office later this year with key clients and partnering organisations. “Once established in Egypt we want to push on into Tunisia, where we have already undertaken a lot of project works for British Gas, and Algeria.” Keith Melville was recently quoted as saying: “Bilateral trade relations between Egypt and the UK remain very strong and active. We are keen to further develop links in sectors such as oil and gas, IT, agriculture, financial services, and education.” |
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