Kairos patents a new solution aimed at re-energizing Alaska’s oil industry
System allows for cost-effective development of marginal or aging oil fields
ANCHORAGE, Alaska—Kairos, LLC, a subsidiary of NANA WorleyParsons, LLC, has developed and patented the Mobile Arctic Production System (MAPS) that aims to encourage oil exploration and development on the North Slope of Alaska. MAPS provides an ideal solution for marginal oil fields with smaller reserves that may not be economically viable to develop using conventional methods, or as an interim oil production solution prior to full project development.
MAPS is designed in response to the low price of oil, which provides North Slope operators an option for developing oil reserves on the fringes of existing oil fields or other smaller deposits without a high-capital investment.
Alaska is being drastically impacted by low oil prices. Kairos is confident that this approach to responsible Arctic development can grow existing investments and spur new investment in Alaska’s oil and gas industry. MAPS fills an untapped niche in our currently challenging economy as an innovative, sustainable solution.
Kairos will be showcasing MAPS at the Resource Development Council’s 38th Annual Alaska Resources Conference, scheduled for Nov. 15-16 at the Dena’ina Center in Anchorage.
Kairos, LLC is a wholly owned subsidiary of NANA WorleyParsons, LLC – a multi-discipline engineering and design, project management, project controls, procurement and construction management company with clients in the oil and gas, power and mining industries. Kairos is dedicated to innovative solutions that improve business.