Proventure-2019-2

Search

Jan Vader new CEO of Well Conveyor

Oct 14,2018

Well Conveyor, one of ProVenture’s portfolio companies based in Bryne, Rogaland, has appointed Jan Vader as new CEO as of Oct 8th


Well Conveyor is entering a new, exciting phase where they are taking their patented slim, battery-powered downhole tractor from successful testing to the market.

“We are very pleased to have Jan on our team and we are confident that he has the skills necessary to lead our team through this exciting next phase for Well Conveyor”, states Kenneth Fuglestad, founder of Well Conveyor.

Jan has broad experience from various oil service businesses and holds a MSc degree in mechanical engineering from NTNU. Before coming to lead the team at Well Conveyor, Jan held the position as VP Wireline at Archer.

Well Conveyor is developing a slim battery-powered downhole well conveyance tractor, designed to meet customers demand for cost effective conveyance of fiber optic cables, slickline conveyed electric memory logging tools, as well as extending the reach of current downhole technology.

Search

Recent Posts

ProVenture's Third Fund is a Reality!
InLine-Test AS added to our portfolio
Chevron Technology Ventures co-invests in Well Conveyor
ProVenture completed another exciting investment
qWave Appoints New Chairman of the Board of Directors