DRILLING 30,000 ft under the seabed while faced with metal crunching pressure sounds like an arduous task, but for UMW Oil and Gas Corp Bhd (UMW O&G), it’s just another day on the job providing its services to clients in search of crude oil.
Looking beyond its four drilling rigs and another one (Naga 5) to be delivered in 2014, president Rohaizad Darus tells StarBizWeek that it aims to grow its fleet by at least one rig per year. This would substantially add to its financial performance as 93% of its revenue is derived from its drilling business.
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