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Emirates News Agency - ADNOC invests close to $1 billion in long-term development of Umm Shaif Field

ABU DHABI, 5th January, 2022 (WAM) -- Abu Dhabi National Oil Company (ADNOC) announced today the award of a $946 million (AED3.47 billion) Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif field. The investment supports ADNOC’s oil production capacity plans of five million barrels per day (mmbpd) by 2030 while ensuring energy security for the United Arab Emirates and partners around the world. The ‘Long-Term Development...
United Arab Emirates Umm Shaif Abuz Aby Ahmad Saqer Al Suwaidi Yaser Saeed Almazrouei Abu Dhabi National Oil Company
Source: wam.ae

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$500 Million ADB Loan to Help Indonesia Improve Labor Productivity and Boost Education, Health, Social Protection

The Asian Development Bank has approved a $500 million policy-based loan to help Indonesia improve human capital, increase labor productivity, and implement reforms in education, skills development, health, and social protection.
Asia Jose Antonio Term Development Plan Human Capital Development Program Development For Southeast Asia Ayako Inagaki Un Sustainable Development Goals Sdgs National Medium
Source: adb.org

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