It was general knowledge in the industry that they were bidding for these jobs and very nearly got two of them. They let the ball slip in Qld under the guidance of Sahba while Soheil was concentrating on Dubai and they have been trying to claw back this position since, Sahba was consolidating their cash position but without further projects it was unable to be used to any effect. If they had won one job in particular they could have financed it themselves and it would have gone ahead rather than as it is now just a hole in the ground
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It was general knowledge in the industry that they were bidding...
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