The Fremantle marine services provider is scrambling to find users and tenants for a A$30 million ($16 million) offshore supply base in Dampier while beating a retreat from the offshore contracting sector after suffering huge losses from its maiden job off Western Australia.
Two months ago, the Aussie-listed company -- which is 23.02% owned by Clough -- warned of a steep drop in net earnings for the June 2002 financial year to between A$500,000 and breakeven, from A$3.5
