The contract, for an initial two-year period with one-year optional extension, is to provide the rig for Petronas Carigali's workover programme together with an accommodation work barge and a portable crane.
"The provision of the hydraulic workover unit (HWU) is expected to contribute positively to the earnings and net assets of the group for the financial year ending 31 December 2014," UMW Oil & Gas said.
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