KUCHING: UMW Holdings Bhd (UMW) is seeing more accretion in its oil and gas (O&G) division as its subsidiary UMW JDC Drilling Sdn Bhd has entered into a two-year contract extension worth US$130 million (RM400 million) with Petronas Carigali Sdn Bhd for the former’s Naga 1 rig. The duration of the existing contract (which commenced … Continue reading More O&G earnings visibility for UMW on extension of Naga 1 contract