Oyvind Aasmyr's Contact Details

Oyvind Aasmyr's Company Details

ReStone AS

Stavanger, Rogaland, Norway • 6 Employees
Building Materials

The oil and gas industry must plug and abandon 100 000 oil and gas wells worldwide in the next 40 years. There are 10 000 wells to be plugged just in and around the North Sea. Service companies are looking for a competitive advantage. The cost for operators in the North Sea only has been estimated at 100 billion €, a major burden to the petroleum industry. The taxpayers pay up to 78% for the cost of plug and abandonment operations through tax deductions.We have developed RePlug® that turns existing cement blend into a self-healing, gas-tight (CO₂ and H₂S) low carbon well cementRePlug(R) will be suitable for the full lifecycle of well cements and allows an eternal perspective for well integrity. ReStone AS is a limited company, registered in Norway, #816726492. Find our website at https://restone.no