VOL. XXXI

NO. 14

11-JANUARY-1988

OPEC

ADWOC Registers Net Profits of $3mn in 1986

The OAPEC-sponsored Arab Drilling and Workover Company (ADWOC) - owned by theArab Petroleum Services Company (40%), the Arab Petroleum InvestmentsCorporation (20%) and the KPC-owned Santa Fe International Services Inc. (40%) -registered in 1986 a net profit of $3,070,082, or a 24.2% increase over the 1985net profit of $2,471,438, according to the company's Annual Report which hasjust been released. ADWOC,...