Umw drilling rigs

UMW, Standard build jackups for Southeast Asia

UMW Oil & Gas and Norway''s Standard Drilling Far East Pte. Ltd. have formed a 51:49 joint venture to build two jackup rigs for the Southeast Asian market.

UMW O&G awarded drilling rig services contract by

In a filing with Bursa Malaysia this evening, UMW said that it has received a letter of award from Vestigo for the contract to provide drilling rig

UMW Drilling Orders KFELS B Class Jack-Up Rig

Mr Rohaizad Darus, President, UMW Oil & Gas said, "The KFELS B Class rigs are efficient drilling platforms with industry-leading features and have been well-received by the

UMW-OG buys two more jack-up rigs

KUALA LUMPUR: UMW Oil and Gas Corp Bhd (UMW-OG) is getting aggressive in expanding its fleet. The company announced yesterday that it had bought two more jack-up

#Flash* UMW Oil & Gas buying drilling rigs for US$434m (RM1.44b)

UMW Oil & Gas Corp Bhd is buying two jack-up drilling rigs from China-based Tianjin Haiheng Shipbuilding & Offshore Engineering Service Co Ltd for US$434m (RM1.44b).

UMW-OG buys two more jack-up rigs

KUALA LUMPUR: UMW Oil and Gas Corp Bhd (UMW-OG) is getting aggressive in expanding its fleet. The company announced yesterday that it had bought two more jack-up drilling rigs for

UMW Naga 6 jack-up rig hired by Petronas

Malaysia''s UMW Offshore Drilling has received a conditional Letter of Award from Petronas Carigali Sdn. Bhd. (PCSB) for a contract for the provision of a jack-up drilling rig.

UMW-OG buys two more jack-up rigs

UMW-OG said there will be high demand for jack-up rigs in Malaysia and Asia-Pacific in the coming years due to an increase in activities and spending on exploration and production in

UMW Acquires New Jack-Up Rig

Kuala Lumpur, 26 June 2012 – UMW Holdings Berhad announced that UMW Drilling 4 (L) Ltd. (UMW D4), a wholly-owned subsidiary of UMW Petropipe (L) Ltd, which in turn, is a wholly

Highlight: Boost for UMW O&G in Naga 5

UMW-OG, which will be 55.15% owned by UMW Holdings Bhd post-listing, is the only Malaysian company that owns and operates jack-up drilling rigs. At the moment, it has

Naga 3 jackup on location

The Naga 3 is a Gusto MSC CJ46-X100-D design jackup rig, built in 2010 by Dubai Drydocks World and owned by UMW Petropipe/Singapore Drilling. The 70m-long rig

Nido Petroleum signs drilling rig contract with UMWSD

Oil and gas exploration and production company Nido Petroleum has signed a rig contract with UMW Standard Drilling (UMWSD), a wholly owned subsidiary of UMW Oil & Gas.

UMW Oil & Gas gets 18-month jack-up rig contract from Petronas

The UMW NAGA 7 rig is one of UMW-OG''s large fleet of jack-up drilling rigs that is suffering from low utilisation rates at the moment.

UMW plans to fully own two jack-up drilling rigs

KUALA LUMPUR: UMW Holdings Bhd is looking to have full ownership of two jack-up drilling rigs, Naga 2 and Naga 3, for some US$46.5 million (RM157.6 million).

#Update* UMW Oil & Gas buys drilling rigs for RM1.44b

KUALA LUMPUR (Feb 12): UMW Oil & Gas Corp Bhd is buying two jack-up drilling rigs from China-based Tianjin Haiheng Shipbuilding & Offshore Engineering Service Co Ltd for US$434

UMW Oil & Gas on track to be regional industry player

SINGAPORE (April 29): UMW Oil & Gas Corporation Bhd is on track to become a regional oil and gas industry player, following the delivery of its latest jack-up drilling rig, the UMW Naga 5,

UMW-OG''s drilling rigs fully utilised

UMW Oil & Gas Corp Bhd (Dec 10, RM3.98) Initiate coverage at RM3.42 with outperform rating and target price of RM4.57: UMW Oil & Gas (UMW-OG) is primarily a drilling company which

UMW plans to fully own two jack-up drilling rigs

KUALA LUMPUR: UMW Holdings Bhd is looking to have full ownership of two jack-up drilling rigs, Naga 2 and Naga 3, for some US$46.5 million (RM157.6 million). UMW said

UMW plans to fully own two jack-up drilling rigs

KUALA LUMPUR: UMW Holdings Bhd is looking to have full ownership of two jack-up drilling rigs, Naga 2 and Naga 3, for some US$46.5 million (RM157.6 million). UMW said yesterday its

#Going for listing* Second try proves successful for UMW Oil & Gas

UMW O&G has four offshore drilling rigs that are in full use. NAGA 1 is a semi-submersible drilling rig, co-owned with Japan Drilling Co Ltd, while the other three — NAGA 2,

UMW Takes Delivery of New Jack-Up Drilling Rig

Shah Alam, 17 Feb 2013 – UMW Oil & Gas Corporation Sdn. Bhd., a wholly-owned subsidiary of the UMW Group, took delivery of its new jack-up drilling rig, UMW NAGA 4, in Singapore

Bright prospects for UMW-OG in jack-up rig market

We like UMW-OG for: (i) the bright prospects of the regional jack-up rig market; (ii) its strong working relationship with Petroliam Nasional Bhd (Petronas); (iii) its established regional

UMW takes delivery of newbuild UMW Naga 6 jackup | Offshore

UMW Oil & Gas Corp. took delivery of UMW NAGA 6, the first of its two jackup drilling rigs constructed by China Merchants Heavy Industries.

UMW-OG takes delivery of jack-up rig worth US$223m

SINGAPORE: UMW Oil and Gas Bhd (UMW-OG) has taken delivery of its second jack-up drilling rig worth US$223 million (RM726.69 million) from rig designer and builder

UMW acquires another Premium Jack-Up Drilling Rig

The premium jack-up drilling rig is currently being constructed by a reputable and established rig builder, and is of higher specifications and design than a typical jack-up drilling

UMW Oil and Gas secures work for NAGA 5 rig

UMW Oil & Gas Corp (UMWOG) continues to see steady employment for its newbuilding rigs coming onstream, securing a $7m drilling contract from Nido Petroleum

UMW buys two jack-up drilling rigs from Tianjin Haiheng

The rigs, each costing $217m, are slated for completion in September 2014 and December 2014, respectively. "The agreement for the purchase of the two jack-up drilling rigs

Nido Petroleum signs drilling rig contract with UMWSD

Oil and gas exploration and production company Nido Petroleum has signed a rig contract with UMW Standard Drilling (UMWSD), a wholly owned subsidiary of UMW Oil & Gas.

UMW-OG''s drilling rigs fully utilised

UMW Oil & Gas Corp Bhd (Dec 10, RM3.98) Initiate coverage at RM3.42 with outperform rating and target price of RM4.57: UMW Oil & Gas (UMW-OG) is primarily a drilling

UMW buys drilling assets for RM683m

KUALA LUMPUR: UMW Holdings Bhd is buying more oil rigs as it seeks to grow its oil & gas (O&G) business in Malaysia. In a filing with Bursa Malaysia yesterday, UMW Group

UMW-OG''s drilling rigs fully utilised

UMW Oil & Gas Corp Bhd(Dec 10, RM3.98)Initiate coverage at RM3.42 with outperform rating and target price of RM4.57: UMW Oil & Gas (UMW-OG) is primarily a drilling company which

Umw Oil and Gas | PDF | Drilling Rig | Science

This document provides an overview of UMW Oil & Gas Corporation Sdn Bhd, a Malaysian oil and gas services company. It discusses the company''s history and financial performance. The

UMW-OG selling stake in NAGA 1 rig at huge loss

UMW-OG''s fleet of offshore drilling rigs and hydraulic workover units (HWUs) currently consists of one semi-submersible drilling rig (NAGA 1),

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