The energy technology market is beginning to resemble other
global technology markets in the way that technology and IP are
invested, created, valued and traded.
There are two key themes setting the current agenda.
Transactions involving energy and oilfield technology are
undergoing the same changes as other technology transactions,
evidenced by international, market-driven acquisition and trading
with new participants active in the market. Secondly, there is
increasingly a deconstruction of the traditional product and
service components from the IP and technology components in the
value chain.
Jeff Dodd said: "The oil and gas service sector has
traditionally been heavily invested in technology and innovation
that was distributed embodied in tangible products, principally
equipment, or in connection with services. We are now seeing a
deconstruction of product and service components from IP and
technology components. At the same time, oil and gas is becoming
like
