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,...
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