With the price of crude oil at an all-time high, this business is weathering the economic storm better than many. Shell tops the sector and bags seventh place overall: net profits doubled to $7.2bn in its third quarter. Second-place BG Group continues to do well in the LNG market and posted Q3 operating profits of $1.9bn. It will have a new chairman, Andrew Gould, as of April next year. With orders totalling £3.3bn in its third quarter, engineering services group Amec gets a well-deserved third, having gained lucrative contracts from the likes of BP (itself up to seventh place from ninth in 2010). Potentially huge oilfields discovered off Ghana help Tullow Oil take fifth, despite downgraded production forecasts.
BMAC 2011 by sector: Oil & gas
|Royal Dutch Shell||8.2||1||9.1||1||8.0||1||7.7||1|