District Heating And Cooling Market - Industry Overview and Key Factors

District heating and cooling (DHC) systems produce hot water, steam, hot/cold air and chilled water at a central plant. It is then transported through underground tubes and pipes to individual buildings within a specific district. This process is very energy efficient and reliable. District heating and cooling is also considered as a flexible technology as it can make use of various kinds of fuel sources. Various fuel sources used for district heating and cooling includes industrial waste heat and renewable energy sources such as biomass, geothermal and natural sources. District heating and cooling systems uses combined heat and power (CHP)/cogeneration technologies to produce steam and hot/chilled water.

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Combined heat and power (CHP) is the simultaneous production of electricity and heat from a single fuel source. CHP technology is interdependent and interlinked. It produces heating and cooling services through inter system linkage. The cooling service is provided to certain houses which in return emits out waste heat. This waste heat is utilized and processed to provide heating services to homes. This interlinked system and process reduces cost and prevents use of extra energy resources. All these factors assist to limit environmental pollution and greenhouse gases effects. District heating and cooling system provides heating and cooling services to all the homes in an area or district through a centralized system. This system requires less capital investment, risk and operational costs than systems where each building must maintain its own boiler or air conditioner to provide heating/cooling.

The district heating and cooling market today has grown manifolds since its inception and has gained immense importance since last few years. The district heating and cooling markets are very mature and are expected to register steady growth over the forecast period. Use of district heating and cooling systems provides stability of supply, cost efficiency and affordability, pollution control, optimal use of fuel resources. This positive attributes are likely to help the market to grow in the near future. However, lack of government support, subsidies along with poor maintenance of system may growth in the global district heating and cooling market. The market for district heating and cooling is likely to grow largely on account of gaining importance for energy sustainability, environment conservation and pollution control. Increase in consumer awareness and technology development is anticipated to fuel additional growth in the global DHC market. The global market for district heating and cooling can be segmented on the basis of application and geography. The market based on application segment is categorized into residential, commercial and industrial.

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Western Europe, Baltic States and Eastern Europe, East Asia Pacific and North America are some of the largest markets for the district heating and cooling systems. The highest numbers of DHC system installations are observed in European and CIS countries such as Finland, Denmark, Sweden, Austria and Russia. In Russia alone, there are more than 60,000 district heating systems. Russia and other European countries are also the largest exporter of the district heating and cooling systems. China is one of the major market for district heating and cooling systems in Asia Pacific.

Some of the key players in the global district heating and cooling market include COWI A/S, FVB Energy Inc., Helen Ltd., NRG Energy Inc., VEKS - Vestegnens Kraftvarmeselskab I/S, Vital Energi Ltd., Xylem Inc. and Korea District Heating Corporation (KDHC).

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2022 Vision: The Near Future of Smart Solar Market

Growing energy demand of developed as well as developing regions is a serious cause of concern worldwide. The conventional energy sources such as oil, natural gas and petroleum products will deplete sooner or later. This has led to initiatives of conservation of energy resources and discovery of new alternate energy sources. The near future will witness more and more adoption of renewable and alternate sources of energy. Various alternate energy sources such as wind, tidal, solar and nuclear have been applied in recent years. Solar energy is one the most abundant energy source available on earth. Various energy needs can be fulfilled with applications of solar power and solar energy systems. Smart Solar technology is a result of similar kind of innovation and research. Smart solar technology is built upon existing solar power systems and it functions in sync with the current system. This technology helps to insert ‘smartness’ in existing solar energy systems. Smart grids improve operational activities of individual devices and solar installations. Smart solar systems assist in reduction of maintenance costs, stability of grid supply, optimization of performance and appropriate computing of distribution system. There is high demand for energy management and demand driven smart solutions as it prevents wastage and makes optimum use of available energy in a smart manner. This demand for smart solar power solutions is prevalent across all verticals and industries. The smart solar industry is constantly expanding vertically and horizontally. There have been ground breaking innovations in components, solutions, services and applications across all the verticals of smart solar system.

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Global smart solar market can be segmented on the basis of smart solar solutions, smart solar services, smart solar components, smart solar applications and geographic location of smart solar system installations. The major components of smart solar system consist of smart metering devices, smart grids, supervisory control and data acquisition (SCADA) systems, radio frequency identification (RFID) and some others. These components assist in the processes of automated meter reading, energy monitoring as well as managing and analyzing energy production and consumption. Smart solar application is used for heating, cooling, producing steam, electricity and various other industrial, commercial and residential purposes. Various sectors such as healthcare, construction, transportation, agriculture, public utilities and many others have applied smart solar technology. The application of smart solar technology has also extended to various new verticals such as utility, government and public affairs, water treatment, education, logistics and distribution. Services such as consulting, construction, installation and management are offered for smart solar systems. Smart solar technology is widely adopted in regions such as North America, South and Central America, Europe, Middle East, Africa and Asia Pacific. The U.S.A, Spain, South Africa, Egypt, Iran, India and China are some of the nations which have largest initiatives for solar energy technology and smart solar systems. Asia Pacific and North America regions have a high potential growth for smart solar market.

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Today’s global smart solar market is worth more than USD 7 billion and expected to grow around USD 16 billion till 2018. The introduction of improved technology is increasing the adoption of smart solar components, solutions and services across various verticals.There is a common objective of energy preservation, green energy adoption and pollution control on a global scale. These common intentions and concerns are increasing usage of smart solar technology as well as a shift to traditional solar energy systems as a whole. Rising electricity bills, positive social implications and environmental concerns coupled with latest technology and innovations are the driving factors for the fast adoption of smart solar systems on a global scale. In addition, cost controlling and investments by solar industry members are expected to boost global smart solar market growth in future.Although, high initial capital cost, product instability, inefficiency and lack of awareness could pose a threat to smart solar industry.The solar sector has been developing in recent years. Even the economies of nations are increasing rapidly which could offer new opportunities for smart solar industry. The smart solar global industry outlook is looking positive for upcoming years.

Some of the major players operating in smart solar industry are involved in smart solar products, solutions as well as consulting and management services. Some of the important players are ABB Schweiz AG, BPL Global Ltd., Echelon Inc., HCL Technologies Ltd., Itron Inc., Schneider Electric Inc., and SunPower Inc. Some other prominent players in smart solar industry are Silver Spring Networks Inc., Trilliant Holdings, Inc. and Urban Green Energy Inc.

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An Expert suggetions on Clean Coal Technology Market till 2022

Coal’s role is under debate as resource poor nations such as China, Japan and India, cannot lower consumption rates despite liberation of greenhouse kgas emissions. New emission regulations imposed on coal-fired power plants have forced plant operators to look towards cleaner and more efficient technologies. Although newly imposed policies and regulations are all favoring renewable and natural gas-fired generation, coal is expected to remain an integral part of the global power generation mix in the near future. This is primarily because electricity is a highly price elastic commodity and coal-fired generation is one of the cheapest methods of electricity generation that can be used for supplying a region’s base load. Furthermore, cheap and widely available reserves of coal scattered across the globe would strengthen the position of coal-fired generation in the global power mix in the next few decades. Clean coal technologies are referred to as technologies that reduce environmental emission from coal power plants usually through gasification or combustion process. Technological advances have led to more efficient combustion of coal resulting in lower emission of nitrogen oxide and sulfur dioxide.

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The global clean coal technology market is expected to rise significantly in the future. The growth in the clean coal technology market is primarily driven by the escalating demand for reliable and clean power generation technology coupled with increasing industrialization, and urbanization. Generating power from coal-fired thermal power plants leads to carbon emissions which has negative impacts on the environment. Development of clean coal technologies is likely to reduce the carbon positive pollutants in the atmosphere. Furthermore, avoided environmental costs, fuel cost savings and capital and technology savings in existing as well as new plants is anticipated to accelerate growth in the clean coal technology market. However, high technology and other cost associated with clean coal technologies may hamper growth in the global clean coal technology market.

The global clean coal technology market can be been categorized into three broad segments as: Combustion technologies, Gasification technologies, and Enabling technologies. On the basis of combustion technologies the market can be sub-categorized as pulverized coal combustion and fluidized bed combustion technology. On the basis of gasification technologies, the market can be further segmented as integrated coal gasification combined cycle, hydrogen from coal process, and multi-purpose coal gasification technology. Enabling technologies is another major trending segment in this market. This market can be further sub-segmented as carbon capture and storage, and carbon sequestration technology.

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Asia Pacific is projected to be one of the major markets to invest in clean coal technology. The implementation of clean coal technologies in Asia Pacific has been driven by countries such as China, and Japan in order to achieve improved plant efficiencies and reduce fuel costs. The Southeast Asian countries, which are also major coal consumers, have started investing in this technology. Apart from Asia Pacific, developed economies of Europe and North America are also projected to invest significant amounts in implementation of clean coal technologies. The European Union encourages and funds research activities related to development of carbon capture and storage technology. Some of the states in the U.S. are also heavily reliant of coal-fired units and are thus projected to invest in clean coal technology to meet environmental standards.

Some of the major players investing in global clean coal technology market include Clean Coal Technologies, Inc., General Electric Company, Siemens AG, and Alstom Power.

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Forecasts of growth in the Wood Pellet Market

Rising carbon dioxide emissions have become foremost concern for the entire world.Erratic fluctuations in the earth’s atmosphere coupled with irreversible climate change has called for a change in the global energy mix. With Europe’s new policy based initiatives until 2020 directed towards curbing hazardous emissions and minimizing dependence on conventional fuels, there is a continuous search for new and more viable forms of renewable energy. In such a scenario, wood pellets have emerged as a highly sustainable alternative to conventional fuel. Wood pellets are made mostly from waste sawdust, shavings, and chips remaining after lumber production. The materials are then condensed into tiny pellets and soldto households as well as industrial utilities to be combusted for energy. Wood pellets are now being amply used as a combustion fuel replacing coal and natural gas in power plants across the globe and especially in Europe.

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Lower carbon dioxide emissions from wood pellets as compared to coal and natural gas have resulted in them emerging as a popular and viable alternative to conventional fuels globally. The wood pellets come in small sizes hence are easy to transport and use anywhere. They are commonly utilized by households in the U.K. for fuelling their heating systems. The combustion process of wood pellets give ash as a residual that can be used as fertilizers.Although the number of hydrocarbon reserve discoveries continue increasing, the high carbon footprint associated with utilizing such conventional fuels has forced the world to look towards other energy sources. Coal, oil, and natural gas although accounting for a major share of primary energy consumption currently have limited reserves globally which are fast depleting. Alternative sources such as solar energy and wind energy although available in abundance areexpensive to harness. In such circumstances, wood pellets prove to bean inexpensive fuel alternative to the power generation sector. Thermal power plants can be easily converted to switch fuels andaccommodate the wood pellets heat generation technology.

Strong growth in electricity consumption, climate change, and depleting hydrocarbon reserves are some of the major driving factors for the global wood pellets market.However, limited availability of wood may hinder the growth in demand for wood pellets in the future. Environmental threats and negative public sentiment surrounding the issue of deforestation has resulted in numerous adoption barriers for wood pellets globally.Despite the product being made of pulp from commercial forest facilities or scraps of lumber production, it may still indirectly result in an increase in tree cutting. A distinct mismatch in the rate of addition of forests and the growth in demand for wood pellets may hinder adoption levels within the forecast period.

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The wood pellet industry can be segmented on the basis of end-use. The combined heat and power plant (CHP) industry, biomass co firing industry, and residential and commercial building warming system are expected to be major demand centers for wood pellets. These wood pellets can be supplied in consignment sizes ranging from small packages to shipments weighing millions of tons.Wood pellets can also be segmented on the basis of percentage of pulp content which affects their moisture content and ultimately their quality. The moisture content affects the combustion properties and emission rate.

The U.S. has emerged as the biggest exporter of wood pellets, supplying more than half of the world production of wood pellets. Apart from the U.S., Russia and Canada are other major producers of wood pellets globally.The other emerging suppliers of wood pellets are Australia, South Africa and South America. Currently U.K. is the largest importer of wood pellets globally where they are being rapidly utilized by the power generation industry. European countries such as Italy, and Germany among others arekey importers of wood pellets.

Some of the key players in the business of wood pellet production are Enviva, New England Wood Pellets, Corinth Wood Pellets , OÜOsulaGraanul, Nature’s Flame, Green Circle Cottondale, Weyerhaeuser, Energex and Mitsubishi Corporation.

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Global Market for Oil Fuel Mobility

Globally, the rising demand for energy is expected to drive the consumption of fossil fuels in coming years. Companies operating in oil and gas sector have to maintain balance in production in order to meet the growing demand for fuel. The price of fuel also depends upon global supply and demand. Companies supply raw crude oil to oil refineries and petrochemical plants for production of different byproducts such as petrol, diesel and hydrocarbons. Oil companies find different ways to optimize their supply in order to cater the demand for fuel. Companies try to utilize their resources at optimum level in order to reduce operational cost and increase profit. Application of mobility in oil and gas companies is expected to boost the organization’s flexibility in performing task from any location and sharing data within the enterprise. Mobility focuses on using mobile computing through adoption of smart devices such as smartphones and tablets. Adoption of mobility technologies is helping the organization to take quick decision and reduce demand-supply gap of delivering fuel in market. Organizations produce a large amount of data related to sales and operation. Utilization of these data through mobility services helps the company to reduce demand-supply gap and optimize the plant efficiency.

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Adoption of enterprise resource planning (ERP) and business intelligence software in mobile computing helps to integrate different organizational functions and use the data for optimization of daily operation. Mobility provides on-demand information to organization which is used in making decision in production, vendor management, maintenance, on-time customer delivery and asset management. Mobility can be deployed in organizations through on-premise or cloud solution. Mobility involves use of data management, material management, risk and regulatory compliance, mobile analytics and asset management. Mobility is used in performing core operations such as executing daily production order, schedule maintenance and prepare operator logs.

Mobility can be used to sell fuel to refineries and petrochemical plants across different countries. Mobility is also used in coordinating shipping of fuel and managing contracts in less time. It can be used to trade fuel faster through real-time price negotiation and shorten billing cycle. It also helps in inventory management and monitoring of equipment by continuously taking measurements and reading.

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Use of mobility in oil and gas sector is expected to increase in coming years due to real-time operability with smart devices in streamlining data and increasing economic benefits. Integration of vendors and customers is expected to boost mobility services in oil and gas sector. The demand for machine-to-machine (M2M) communication is also expected to increase the adoption of mobility in oil and gas refineries and petrochemical industries. The information security is a major concern for adoption of mobility in oil and gas sector.

Mobility service providers provide hosted services depending upon the customer’s requirement. With the emergence of several new players, the competition in oil fuel mobility market is expected to increase in coming years. Some of the key mobility service providers for oil and gas sector are Accenture PLC, Cisco Systems, Inc., Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP SE, Hewlett-Packard Development Company L.P., Wipro Limited and Infosys Limited.

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Where Microinverters & Batteries Market is Headed in the Next Five Years

Microinverters and batteries are the next breakthrough solution for residential and commercial based photovoltaic systems. Microinverters facilitate independent use of each solar panel within a solar system ensuring maximum energy output of renewable and clean source of energy for houses and businesses. Microinverters are small and compact in size and are designed to match single module or panel installation and thus help overcome difficulties involved with small roof accommodations. These are highly advantageous as they operate solely on independent DC to AC inverters and are very useful when panels require to be adjusted in more than one direction. Microinverters are far more superior to central or string inverters. Microinverters are characterized by flexibility, clean source of energy, safety and redundancy. Batteries are used to provide energy backup to photovoltaic systems at night time or at the time where solar energy is not sufficient to produce electricity. Popularly lead acid batteries due to their cost effectiveness, ability to recycle and safety are used in photovoltaic systems. Nevertheless, due to increased energy storage requirements lithium-ion batteries being compact in size, having longer life and less maintenance find increased application for use in residential and commercial areas. Microinverters and batteries are applicable to both battery-based and off-grid photovoltaic systems.

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Large numbers of solar panels are in operation worldwide and there increasing awareness of renewable energy to minimize power bills and reduce carbon footprint has increased adoption from various businesses and households. Due to characteristics such as precise monitoring of individual modules, improved holistic readout of system production and operation at lower voltage has led to increased adoption of micro-invertors worldwide, which has intensified the growth of microinverters and batteries. As microinverters are clean and economical source of energy, have long term benefits and more features as compared to conventional inverters, they have found growing demand in foreign market which has fueled growth of microinverter and battery market. Microinverters and battery market find increased opportunities in developing regions like France, Switzerland, the U.K. and Australia that open to adoption and implementation of newer technologies.

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Microinverters and batteries face challenge in their installation pertaining to the high cost of installation and the restriction on energy production and storage for use to facilitate greater electricity demand. However companies like Enphase Energy and Vine fresh are coming up with large scale projects with capacities ranging between 2.30 MW to 3.1 MW. Additionally, microinvertors have growth opportunities in regards to geographical expansion and installation of commercial sized photovoltaic installations. Companies strive to remain competitive in the market through acquisition, mergers with photovoltaic module suppliers, launch of cost effective models, enhancing product offering and increasing their R&D expenditure. Moreover, newest trend adopted by companies in this market is offering the entire solar panel with integrated microinverters known as AC module which is a big step ahead for this technology.

Some of the key market players include Solaray Energy Pty Ltd., Enphase Energy, Schneider Electric SE, PowerSmart Solar, Panasonic Electric Works Europe AG, SolarBridge Technologies, Vine Fresh Produce, Ltd., SMA Solar Technology AG, ABB (ASEA Brown Boveri) Ltd., Enecsys Ltd., and others.

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Forecasts of growth in the Building Optimization And Commissioning Market

Growth in the development of energy efficient buildings coupled with the advancement in engineering and designing technology can have direct implications on the building optimization and commissioning market. Rise in global spending capacity has also proved to be beneficial for the companies engaged in providing building optimization services. The building optimization and commissioning services helps the industrial and commercial facilities to improve existing systems and provide an energy efficient building. The building optimization and commissioning services are generally provided by the engineering companies, who perform the manual or automatic real time testing of the different parameters. The automatic testing is done by the use of special software that monitors and presents a real time analysis of data generated by building control systems. The companies also offer retro-commissioning services that include a systematic evaluation of electrical and mechanical systems.

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The market for building optimization and commissioning services can be fragmented on the basis of types of services offered by companies and geography. Services offered by the companies present in building optimization and decommissioning market include set point adjustments, senor calibrations, airflow adjustments, static pressure correction and reset modifications. The reset modifications include outdoor air reset, hot water reset and supply air temperature reset. Presently, new software based building optimization and commissioning services have started to replace the old manual testing services. Software provides a continuous stream of data enabling user to monitor and analyze different parameters. Software communicates with the building management system using a control interface. These companies also provide building energy optimization or power optimization services that deals with monitoring, analyzing and controlling the energy consumption of a building.

The regional segmentation of the building optimization and commissioning services market include countries such as the United States and Canada in North America; Australia, China South Korea, Japan and Taiwan in Asia Pacific; Germany, France, Spain, and the United Kingdom in Europe; Saudi Arabia, Qatar, Oman, Kuwait, Iran and South Africa in Middle East and Africa. The Rest of the World segment includes Latin American countries such as Brazil and Argentina. High per capita income in countries such as Japan, Germany, South Korea and France coupled with the presence of engineering companies in these regions has led to the growth of building optimization and commissioning services.

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Increased in per capita income, increasing awareness about building optimization and commissioning services and advancement in designing and construction technologies are the major drivers for the building optimization and commissioning services market. Moreover, the financial benefits achieved through the use of building optimization are another factor driving the building optimization market. Requirement of additional expenditure on acquiring such services is one of the major restraints to the market. Furthermore, the lack of companies offering building optimization and commissioning services can also be counted as a restraint to the market. Expected increase in the global construction activities as a result of increasing population is oe of the major opportunity for the companies involved in providing building optimization and commissioning services.

Building optimization and commissioning is still a niche market with only a limited number of layers. Some of the players in global building optimization and commissioning services market include companies such as AECOM, Eaton Corporation, IBM, Schneider Electric and Siemens Building Technologies.

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Do You Know The Future Of Oil & Gas Vessel Decommissioning Market ?

Ship decommissioning usually occurs some years after the ship has been commissioned and is a means by which a vessel that has become too old or too obsolete can be retired from the operating fleet. Decommissioning of a vessel may also occur for safety reasons (such a ship's nuclear reactor and associated parts reaching the end of their service life), depending on the type of ship being decommissioned. In a limited number of cases a ship may be decommissioned if the vessel in question is judged to be damaged beyond economical repair. Although, the increase in offshore exploration has led to several new oil and gas discoveries, it has also laid a negative impact on the environment. The non-functioning offshore oil and gas platforms and other installations pose a threat to the marine environment and are a major source of marine pollution. The increasing need of offshore exploration activities combined with stringent environmental regulations imposed by governmental organizations has augmented the need for marine vessel decommissioning. Moreover, heavy penalties imposed by governments on any negligence by exploration and production companies have resulted in companies investing further in offshore installation decommissioning.

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Recent uptrend in the number of deepwater installations, stringent environmental regulations imposed by different countries, the increase in number of non functional and outdated vessels are the major drivers of the oil and gas vessel decommissioning market. The associated costs involved in decommissioning a vessel and negligence on the part of exploration companies act as major restraints for the market. Rapid depletion of land based resources has led to a rapid shift towards offshore exploration, an activity that presents a significant opportunity to vessel decommissioning service providers.

The segmentation of the oil and gas vessel decommissioning market can be done on the basis of decommissioning procedure and the geographical location of the major offshore oil and gas exploration sites. There are varied processes by which vessel decommissioning can be undertaken. Offshore vessel decommissioning depends on factors such as vessel capacity, operating weather conditions, construction and the product that the vessel handles. The decommissioning of vessels can be broadly classified into substructure, and equipment and topside decommissioning. Substructure decommissioning involves the total or the partial removal of the substructure from the vessel. Topside decommissioning involves recycling and reuse of the equipments and other parts from the vessel. The total decommissioning is the most preferred method and involves the removal of each and every asset from the vessel. The service companies take all the necessary steps from licensing to removal of equipments from the vessel. Partial decommissioning is done in cases where vessels are too complex to be dismantled. These vessels may constitute any concrete installations that are fixed to the hull.

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Regional segmentation of oil and gas vessel decommissioning market can be done by identifying the major ports where decommissioning is primarily performed. Major areas include the offshore areas around United States, Canada and Mexico in the Atlantic Ocean and Gulf of Mexico and North Sea in Northern European region. Offshore areas around China, Indonesia, and Malaysia form part of the Asia Pacific region and offshore areas around western Africa constitute Rest of the World.
Some of the major players in the vessel decommissioning market involve companies such as Wood Group, PSN Limited, AMEC, TSB Offshore, Inc., Derrick Services (UK) Ltd. and Worley Parsons Ltd.

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