UMW Oil & Gas reported to be reorganising debt

UMW Oil & Gas (UMW O&G) is the latest Malaysian oil and gas (O&G)-related firm to batten down the hatches ahead of an anticipated prolonged weakness in the oil price environment, ...

UMW Oil & Gas reportedly secures charter for Naga 8 jack-up

UMW Oil and Gas (UMW-OG) has secured a charter for its Naga 8 jackup rig, local reports cited Maybank Investment Bank Research as saying. ...

UMW Oil & Gas suing Frontier for $19m for breach of Naga 7 contract

Yet another indication of trouble brewing in the offshore industry is unravelling contracts, with local media reporting that Malaysia\'s UMW Oil & Gas (UMWOG)...