Patents to BP’s rescue

While BP and the government are still floundering in dealing with the catastrophe, we think that a certain look at the patent landscape might guide Mr. Tony Hayword, CEO - BP with a promising business strategy for the future. More often than not, the business decisions involving the patent due diligence / strategic IP kind have had a desired effect on the final outcome.

In addition to the $20 Billion fund dedicated to oil spills, it would also be prudent to look at the intellectual property of companies with deep sea oil capping technology. The immediate steps could also dwelve into mapping its own patent portfolio for potential synergy.

The following graphs shows the top patents assignees companies holding relevant patents of interest to BP at this juncture to seek deep sea oil capping technologies and one of them could be a potential target for BP to acquire or to in-license.

Top IP assignees holding deep sea oil capping technologies

Top IP assignees holding deep sea oil capping technologies

Top IP assignees holding deep sea oil capping technologies

Top IP assignees holding deep sea oil capping technologies

Top IP assignees holding deep sea oil capping technologies

Top IP assignees holding deep sea oil capping technologies

Top IP assignees holding deep sea oil capping technologies

Top IP assignees holding deep sea oil capping technologies

Top IPC Classes with their definitions

Top IPC Classes with their definitions

Note: The above IP analysis is only a sample derived from the respective IPC classes and we have withheld the comprehensive data for data security purposes. Please contact us for more information while we will be glad to help you.

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