KUALA LUMPUR: UMW Oil & Gas Corporation Bhd (UMWOG) has bought two jack-up drilling rigs for US$434mil (RM1.44bil) from China’s Tianjin Haiheng Shipbuilding & Offshore Engineering Service Co Ltd.
In a filing to Bursa Malaysia on Wednesday, UMWOG said the purchase was made via its unit UMW Drilling 6(L) Ltd for US$217mil each.
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