In Eldor, we are trying to adapt to an ever-changing market. These past months with the outbreak of Covid-19 and the sudden drop in the oil price, have shown us how quickly things can change. In order to be able to meet these changes and overcome them, we have started implementing some new strategies in Eldor.
Eldor is fully operational. We in Eldor are here to take care of your needs as a customer and the services you have ordered, in the best way possible. We have taken the necessary precautions to ensure the safety of all our employees and customers, and we are available to answer any questions and/or issues you might have during this time.
We want to thank everyone who worked together with Eldor in 2019 to achieve our common goals! I want to especially thank all the Eldor employees who made it possible for us to meet the expectations, without you it would not be possible. 2019 was a year with a lot of changes and development in the Eldor group.
Recently, five more Eldor employees completed the exida Alarm Management Practitioner certification. We now have nine certified exida AMPs in Eldor!
That Eldor has service level agreements with different customers on both ABB control system and Honeywell DynAMo?
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.