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Old 18th April 1999 | 16:15
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EFATO
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Bond bid for BIH a few yrs ago and Monopoloies Com stopped bid as this would have left only 2 major players on N Sea. Will Mon Com stop this one as well. BIH have few contracts now and rely on adhocs so are in a poor situation as low oil price reduces number of adhocs required. Bond appear in much better shape though HSG have recently shed some pilots. Oil companies won't like only 2 players so expect them to put political pressure on our Tony or after May 6 will it be our Alex!!!!