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Home BusinessToday Deals

Abu Dhabi Technology Development Committee signs partnership with ADNOC

Staff writer by Staff writer
November 11, 2014
in Deals
Abu Dhabi Technology Development Committee signs partnership with ADNOC
Abu Dhabi Technology Development Committee signs partnership with ADNOC

The Abu Dhabi Technology Development Committee (TDC) has signed a partnership agreement with Abu Dhabi National Oil Company (ADNOC) to develop Intellectual Property (IP) processes and manage the IP portfolio for its group of companies, including the Petroleum Institute.

The agreement, which was signed at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2014, further reinforces the progress of TDC’s innovation support programme ‘Takamul’, which has been designed specifically to help Emirati enterprises and government entities as well as universities and individuals to protect and commercialise their innovative ideas.

Under the agreement, TDC will provide a customised solution that will assist ADNOC in the development and roll out of support for employees from idea conception to patent protection, effective evaluation methodology to aid quick decision making and an IP Management ecosystem that will not only help in all IP operations but enable inventors and researchers to consider their patents as a valuable contribution to the development of a knowledge base in the emirate.

Additionally, TDC’s involvement will ensure a full patent process from assessment for successful filing to ongoing maintenance, including provision of expert patent attorneys and other support specialists, as well as the provision of marketing capabilities for patented technology, through commercialisation and licensing.

Today’s deal sees ADNOC leverage Takamul’s successful track record over the last four years in generating awareness and a positive mindset around IP in Abu Dhabi and the UAE – to help design and implement the required processes to create an Intellectual Property (IP) base for the Research and Development Hub of the ADNOC group of companies.

Mohammed Al Qubaisi, ADNOC E&P Director, said, “We are delighted to formalise our relationship with TDC. It is a key aspiration of the ADNOC group of companies to establish a strong IP base to support our Research and Development Hub. It is vital for the future competitiveness of the corporation. By working collaboratively with the Abu Dhabi Government sector and their responsible approach to IP we can look to expand our scope and operate an effective IP management system.” Commenting on the agreement, Director-General of TDC, Ahmed Saeed Al Calily, said, “TDC is committed to establishing Abu Dhabi as a leading global hub for Science, Technology and Innovation. Through our various strategic initiatives we are looking to embed STI in to the very fabric of our culture, which is not only in line with Abu Dhabi’s 2030 vision of building a sustainable and diversified knowledge-based economy, but also the National Innovation Strategy recently launched by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the UAE’s Vice President, Prime Minister and Ruler of Dubai.” Supporting Abu Dhabi’s desire in becoming a knowledge-based economy by 2030, the aim of Takamul is to generate economic and societal value.

Source : WAM News Agency for United Arab Emirates

Tags: Abu DhabiADNOCCommitteeCompanyDevelopmentoilpartnershipsignstechnology
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