Congratulations to SWIPA!

Happy SWIPA-day!

ReStone AS is really happy to support the new SWIPA Center for Research-Driven Innovation that opened today at SINTEF. This centre will reduce costs for Permanent Plugging and Abandonment (#PP&A) by 50%.
There is so much work in this field to be done and ReStone is ready to contribute.

Thanks to Norges forskningsråd for the support to the SFI!

New team member!

ReStone is happy to introduce our new Chief Logistics Officer Philip Cederholm. Philip is the Chief Logistics Officer at ReStone. Philip has over 10-years-experience in logistics management, serving major Oil & Gas companies. He has particularly focused on supplies for Drilling & Wells.

The team wishes him a warm welcome!

RePlug achieves First Use in an Petroleum well on the NCS

The team in ReStone is really excited to tell you that our flexible, self-healing and low carbon-footprint cement RePlug®️ has been used to plug a section of a well in the North Sea for the first time.

The news was presented in an article in BT/E24+ today. Many thanks to our team and supporters!

Please send us a message if you’d like to see an Norwegian version or English translation of the article.

#firstuse #innovation #environment #welldone

ReStone welcomes new owner to the team!

ReStone is very pleased to welcome Ingvar Grannes and Stavanger Kapitalforvaltning to our team. The significant capital increase and Ingvars expertise working with companies like ours will grow our company further in an effective manner, delivering our patented self-healing well-cementing product RePlug®️ to our customers in the Petroleum industry.

Many thanks to our hard-working team, Torkel Hope (Chairperson) / Advokatfirmaet Schjødt, Jill Angelique Clausen (CTO, Founder and Owner), Astri Jæger Sweetman Kvassnes (CEO, Founder and Owner), Nathan Gore (Owner), Jorunn Konglevoll (Owner) and Hans L. Falck (CFO) and Falck Advisory (Economical modeling and the most amazing financial prognosis tool for growing companies.) We also thank our Advisory board (Wenlu Zhu, Espen Ruud and Eyvind Time) for their invaluable support.

Many thanks also to Innovation Norway and Norges forskningsråd for their continued support of the development of ReStones products.

RePlugReady completed

ReStone is happy to announce that we have completed RePlugReady, a project that has demonstrated the low carbon footprint, CO2-proof and self healing properties of our product RePlug®. The project was supported by the Research Council of Norway, through the CLIMIT programme. Thanks also goes to the excellent contributing researchers from SINTEF, Heriot Watt University, Edinburgh and University of Maryland.
Please find more information in the CLIMIT Bulletin.


ReStone er glade for å meddele at vi har ferdigstilt RePlugReady, et prosjekt som har vist at RePlug® er et lavkarbon, CO2-sikkert og selvhelende sementprodukt for petroleumsindustrien. RePlugReady ble støttet av Norges forskningsråd igjennom CLIMIT-programmet. Vi vil også takke forskerne fra SINTEF Industri, Heriot Watt University og University of Maryland for fremragende bidrag.

Se mer informasjon i CLIMIT sin nyhetssak.

Fredrikke Qvam as best female innovation entrepreneur of year 2019.

ReStone er veldig glade for å ha mottatt Fredrikke Qvam prisen for årets kvinnelige gründer 2019.  

ReStone AS is prequalified at Halliburton

ReStone is happy to announce that we have been prequalified as a supplier to Halliburton AS.