inApril Commences on Capacity Growth and Investment Campaign

Seabed seismic innovator and equipment supplier inApril is set to capitalize on its transformative technology following new backing from major private investors in Norway. The first phase of the capital program accelerates the company’s entry into the seabed seismic equipment market and provides the foundation for expanding node inventories and associated system capacity.

After announcing our new Technology product-line and the first leasing agreement of our Venator ocean bottom node (OBN) seismic acquisition system, we are experiencing strong interest from seismic companies seeking to improve their operations by using all or specific components of the Venator system. So far components include the supply of the onboard node storage and logistics, nodal electronics and QC software.

Vidar Hovland, CEO, inApril, said: ‘Our mission is to bring about the crucial transformation of OBN seismic acquisition into a viable, long term proposition for oil company exploration and production (E&P) departments. Increasing our node inventory and offering components of the Venator system as individual products are key elements of the process.