This week a team from Kairos Technology attended the Fourth International Workshop on Functional Modelling (IWFM) at DTU in Copenhagen, Denmark. Claus Myllerup, CTO, demonstrated a customer case story with potential of reducing annual production loss by 0.5% for the studied process unit (plant-wide potential was estimated to 2.5%) and presented learning points from MFM based Hazop of a complete gas terminal. Sharat Kumar Pathi presented Functional Modelling of Offshore Oil & Gas Water Injection System along with Morten Lind and Jing Wu. Our Managing Director, Bjarne André Asheim, is in the Advisory Committee for IWFM.
We are pleased to announce the first release of Kairos - Control Room Assistant today. We started developing the software in 2014, so we are very proud to release the first version of Kairos.
The control room assistant ensures real time decision support to the control room operators for improved situational awareness. Kairos combines deterministic modelling with deviation propagation and artificial intelligence.
We believe this software will improve the workday for control room operators with increased production efficiency and increased safety in process plants.
The company Eldor Technology AS is officially changing names to Kairos Technology AS! This is only one of the exciting changes happening in the company. The name was changed to fit better with our product Kairos - Control Room Assistant and the ongoing development.
SPE Offshore Europe 2019 is taking place in Aberdeen this week. Eldor will not have a stand this year, but will be represented by three people. If you would like to talk to us you can easily contact one of us for a chat, using the information below. We look forward to meeting you!
Eldor Technology AS has secured an investment from Skagerak Maturo Seed and ProVenture. Eldor Technology AS has developed KAIROS – Control Room Assistant, which offers real-time decision support for control room operators in order to eliminate and reduce down-time of process facilities. The product combines deterministic modelling (functional model) with deviation propagation analysis, and artificial intelligence.
We would like to announce that Eldor Norway has recently been awarded with the title Qualified Supplier by North Oil Company. This status is valid for the next 3 years. We are looking forward to exploring the new possibilities this could bring!
News from Aberdeen
During the past few months, Eldor has brought in new employees, and we are waiting for even more! We have been growing our business in Aberdeen during the past year, and as such have appointed a new Operations Manager for Eldor UK, Carl Townsend, who will be based in Aberdeen to help out our current customers, as well as new ones. Also, Ian Bowden has been appointed as our UK Service Manager. Purna Kiran Mopidevi and Suresh Vuyyuru, both senior engineers, have also joined our team in Aberdeen. Additionally, we have invested in ABB test equipment for applications and software, and we have set up a simulator to do testing in our Aberdeen office.
In April we will be hosting a conference on alarm handling and control room solutions for NFEA. This year's conference will provide an awareness around isses with the design process of control rooms and alarm systems. It will utilise current standards and best practises, as well as user experiences. Presentations will be held by industry people from both land based and offshore production, and the program will cover:
Wednesday this week, NFEA (Norsk forening for Elektro og Automasjon), elected Bernt H. Eldor as their new Chairman of the Board. NFEA is the Norwegian Association for Electrical and Automation, a place where professionals within the disciplines can share experiences and learn about future developments. NFEA's members cover academia, end users, suppliers and engineering companies.
Håkon Rem (left) handing over the gavel and his title to Bernt Eldor (right)
This week NFEA's Levetidskonferansen 2018 was held at Eldor offices in Stavanger. We had the pleasure to listen to a lot of great presenters including a couple from Eldor. Jørund Sæten was representing AkerBP with his presentation on Lifetime Extension of Safety Systems on Valhall and Ula, while Torbjørn Rørtvedt and Gisle Ersdal where presenting better ways to optimise cost during life time extension projects. The conference ended with an interesting panel debate hosted by Managing Director of Eldor Technology, Bjarne André Asheim about on who will own lifecycle management going forward and how technology will impact the need for future upgrades.