EDT Offshore to invest in Egypt’s Damietta Port
The logistic support company showed interest in investment opportunities in oil and gas powerships due to the ports' location near natural gas fields.
The logistic support company showed interest in investment opportunities in oil and gas powerships due to the ports' location near natural gas fields.
German industrial company Thyssenkrupp will work on five new petrochemical projects in collaboration with Egyptian companies.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, along with the Minister of Transport, Hisham Arafat, laid the foundation stones for two projects in Damietta Port.
Egypt is considering the establishment of a marine- and logistics-services center at the Damietta port.