TouGas Oilfield Solutions announces Successful Ruling of European Patent Office
Frankfurt (Germany) – November 30, 2015.
TouGas Oilfield Solutions announced today that the European Patent Office has upheld one of the company’s key patents. The European patent EP 2085424 was granted on August 25, 2010. BASF Chemical Company launched a patent challenge on May 18, 2011. After extensive deliberation the European Patent Office has rejected the challenge and decided to uphold the patent as requested by TouGas. This decision is final and not open for appeal.
“I am pleased by the ruling of the European Patent Office. It confirms the exceptional quality of our intellectual property and patent portfolio. We will continue to use our extensive intellectual property to further expand our technology leadership in oilfield chemicals,” says Dr. Tore Land, CEO of TouGas Oilfield Solutions.
TouGas Oilfield Solutions GmbH is a privately held company backed by international investors like Sumitomo Deutschland GmbH and its ultimate parent company Sumitomo Corporation, ENERTECH Holding, a wholly owned subsidiary of the Kuwait Investment Authority, Conduit Ventures, Broadscale Group and Cassella GmbH. TouGas develops and commercializes proprietary products and related services for well stimulation, hydraulic fracturing and enhanced oil recovery. TouGas is headquartered in Frankfurt (Germany) and serves an international customer base in the oil and gas industry.
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TouGas Oilfield Solutions GmbH
Gaby Boethig CFO
Phone: +49 (0) 69 2474 809 20
Fax: +49 (0) 69 2474 809 99