Providing coverage of Alaska and northern Canada's oil and gas industry
April 2019

Vol. 24, No.14 Week of April 07, 2019

Arctic directory 2019: Kairos, LLC, Bringing Innovation to Alaska’s Oil & Gas Industry

Commitment to predictable, proven and cost efficient solutions

Petroleum News

Q. What is the official name of your company?

A. Kairos, LLC

Q. Is your firm a subsidiary or affiliate of other companies? If so, please name those firms and their relationship to your company.

A. Kairos, LLC is a subsidiary of NANA WorleyParsons, LLC. NANA WorleyParsons is jointly owned through a 50/50 partnership between NANA Development Corporation and WorleyParsons.

NANA Development Corporation (NDC) is the business arm of NANA Regional Corporation, one of 13 Alaska Native Corporations created by the Alaska Native Claims Settlement Act (ANCSA) of 1971. It operates companies in engineering and construction, resource development, facility management and logistics, information technology, and telecommunications.

WorleyParsons is an Australia-based, global engineering, procurement, and construction company that provides project delivery and consulting services to the resources and energy sectors, and complex process industries.

Q. What do you most want people to know about your company?

A. Kairos, LLC exists because of our employees and the many innovative ideas they bring on how to reduce costs and bring efficiencies to Alaska’s oil industry.

One such idea started with the existing mobile oil production systems used in other parts of the world. By redesigning and patenting this system for remote Arctic environments, we are able to make this innovative solution a viable option for projects in Alaska. Additionally, as a way to make this solution accessible in our currently capital constrained industry, we offer our Mobile Arctic Production System (MAPS) as a lease-based solution. Our employees want to be part of the driving force in reducing costs for Alaska’s oil industry.

Q. Where is your company located?

A. Kairos, LLC, as a subsidiary of NANA WorleyParsons, is in the same office located in the Centerpoint West building in midtown Anchorage.

Q. What is your company’s primary business activity?

A. Kairos, LLC provides lease-based solutions to reduce costs and improve efficiency to the oil and gas industry.

Q. Are there important projects the company is currently a part of or has done recently?

A. Kairos, LLC has patented an innovative solution for the oil industry that we have called “MAPS” – Mobile Arctic Production System.

MAPS is a niche facility leasing solution that is scalable and can be used for pre-production as well as providing a means to develop and produce otherwise non-commercial oil reserves, such as those with low production rates and short economic life. When used for pre-production, MAPS can provide cash flow and resource certainty during a typical multi-year production facility development. For challenging reserves, MAPS provides a low cost alternative for production, allowing many fields to become economically viable.

Q. What are some of the benefits / capabilities of ‘MAPS'?

A. The benefits of MAPS are: patented, lease-based system; Relieves the operator of large facility investment; use for development of marginal oil fields; use for an interim oil production solution; potential for reduced pipeline and infrastructure costs; stand-alone facility; no pipelines; no power lines; scalable in ~5,000 BLPD increments; wide range of production up to 40 percent water cut, and 30 to 1,400 GLR.

Q. What do you see as the biggest challenge in the next five years?

A. At Kairos, we believe Alaska’s biggest challenge is ensuring continued hydrocarbons development and sustainable production in the event of low oil prices. Our customers compete internally for investment capital between potential projects in Alaska verses other locations. The key to maintaining Alaska’s competitiveness is to keep North Slope lifting costs low. We accomplish this by bringing cost efficient solutions to our customers. This is Kairos’ mission – to think out of the box and bring innovative solutions to the hydrocarbons industry.

Q. What is the address of your company Web site?

A. www.kairos-nwp.com

Petroleum News - Phone: 1-907 522-9469
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