EDT Offshore, a logistic support provider in the exploration and production (E&P) field, is studying Egypt’s Damietta Port to invest in it, Al Borsa News reported.
A delegation from the company met with Tarek Shahin, Damietta Port Authority’s chairperson, in order to discuss cooperation between the two sides and to study investment opportunities in the port.
The company showed interest in investment opportunities in oil and gas powerships due to the ports’ location near natural gas fields.
EDT made a presentation of its work fields and the markets it targets, as well as its different activities across the world. Moreover, Shahin made a presentation of the general plan of the port and its privileges that include floating fuel stations.