Maintaining Your Edge in the Oil and Gas Industry
With R&D expenditure in the Oil and Gas Industry surpassing $12bn per annum* the role of intellectual property management has become a significant source of risk and potential reward.
As Big Oil moves to more challenging environments the need for cutting edge technology increases, to replace reserves in a cost effective way. The vendor community in turn must keep pace with this competitive landscape of innovation to stay relevant in the industry. Simultaneously, the NOCs are vying to become less dependent on the super-majors and contractors for costly technical support and are looking to lead the way themselves. In this rapidly advancing marketplace, your IP is your edge!
This is no more apparent than in Alberta, where Canadian energy companies are filing four times more oil and gas technology patents than they did a decade ago, and the story is much the same across the entire North American region.
The Oil and Gas Intellectual Property Summit; the only event of it’s kind, provides a forum for key decision makers to share experiences, network, and discuss important IP developments relating to the oil and gas industry.
Key topics to be addressed include:
- Protection and litigation – exploring the defensive side to IP within the hydrocarbons industry
- Licencing and monetisation of patents –from a cost centre into an income stream.
- Patenting in emerging markets and the utilisation of a global IP strategy
- Internal strategies – getting your voice heard, and working with limited budgets
*$4.4bn by the five super-majors, $2.3bn by oilfield services companies and $5.3bn by the top five NOCs in 2011. Source: Bain and Co.