OAPEC

Arab Drilling and Workover Company Registers Net Profit of $7.8mn in 1984 

The OAPEC-sponsored Arab Drilling and Workover Company (ADWOC) - owned by the Arab Petroleum Services Company (40%), the Arab Petroleum Investments Corporation (20%) and the KPC-owned Santa Fe International Services Inc. (402) - registered in 1984 a net profit of Libyan Dinars 2,308,254 ($7.79mn) according to the company's annual report which has just been released. ADWOC, headquartered in Tripoli,...