UMW Holdings Company News

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UMW Oil & Gas Seeks Drilling Contracts for 2 Newly Acquired Jackups
UMW Oil & Gas hopes to secure contracts for two jackups it recently acquired from Tianjin Haiheng Shipbuilding & Offshore Service Co.
7:00 PM EST | February 12, 2014
UMW Oil and Gas Pays $434M For Two Jackups
UMW Oil and Gas Corp (UMWOG) says it will pay a Chinese shipbuilder $434 million for two jackups as the oil services firm looks to expand its fleet and lock in more work in Asia.
7:00 PM EST | February 11, 2014
Keppel FELS Bags $218M Order for a Jackup from UMW Oil & Gas
Keppel FELS bags a $218 million order for a KFELS B Class jackup from UMW Oil and Gas.
7:00 PM EST | February 06, 2014
UMW Oil & Gas Plans to Expand Rig Fleet to Improve Profitability
UMW Oil & Gas plans to grow its profits through the addition of more rigs to its drilling fleet, according to a company official.
7:00 PM EST | January 26, 2014
UMW Oil in Strong Debut, Petronas Goodwill Makes for Rosy Outlook
Malaysia's UMW Oil & Gas Corp climbs as much as 11 percent in its market debut, as investors bank on the company's close ties with state oil firm Petroliam Nasional Bhd (Petronas) to provide it with a steady stream of revenue for years to come.
8:00 PM EST | October 31, 2013
UMW Wins Award from Vietnam's PVD Tech
UMW Petrodril wins a letter of award from Vietnam's PVD Tech for the provision of a hydraulic workover unit and services.
8:00 PM EST | June 27, 2013
GustoMSC Delivers 9 Proprietary Designs in 2nd Half of 2009
GustoMSC, a subsidiary of the SBM Offshore, has about 30 of its proprietary designs still under construction, but has delivered nine designs to their respective owners in the second half of 2009.
7:00 PM EST | December 10, 2009
UMW to Invest $90 Million in the Naga 3 Jackup
UMW Holdings Bhd will invest about US $90 million for the Naga 3, a new generation jackup, which is slated for completion in 2009.
8:00 PM EST | June 12, 2007
UMW Oil & Gas Acquires Stake in PFP Holdings in Australia
UMW Petropipe (L) Ltd., a wholly-owned subsidiary in the UMW Group has proposed to acquire 60% equity in PFP Holdings Pty Ltd (PFP) Australia, to further expand its petro-pipe business in the Oil & Gas industry.
8:00 PM EST | October 17, 2005
Hakuryu-3 Renamed NAGA 1
Japan Drilling Company has sold its 50% ownership of the semisub Hakuryu-3 to a subsidiary of UMW Corporation, a joint venture partner in Malaysia, on June 1, 2005, and the rig has been renamed NAGA 1 under Panamanian flag.
8:00 PM EST | June 01, 2005
UMW Holdings Bhd Acquires Ownership Stake in Semisub
UMW entered into a Memorandum of Agreement for Joint Venture with Japan Drilling for the joint operations and co-ownership of the semisubmersible, Hakuryu III.
7:00 PM EST | November 10, 2004