Conclusions on a Strategy for Foreign Partners

James Henderson and Alastair Ferguson

Chapter 7 in International Partnership in Russia, 2014, pp 239-276 from Palgrave Macmillan

Abstract: Abstract Over the course of the past six chapters we have laid out a number of themes and ideas about the relationship between the partners in international joint ventures in Russia. We began with a brief history of the Russian oil industry and the role of foreign actors within it, highlighting the varied fortunes of large companies such as Shell and BP down to the smaller players such as the Canadian independents who formed JVs in the early post-Soviet period. We discussed the fact that, after an initial surge in activity in the 1990s, there was a hiatus in significant foreign company activity after 1998 (with the notable exception of TNK-BP), but over the past two to three years IOCs have once again begun to focus on Russia as a core part of their global growth strategy, making an analysis of the key drivers of successful partnership a very relevant and current topic.

Keywords: Local Knowledge; Joint Venture; Business Environment; Foreign Company; International Joint Venturis (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-35227-9_7

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DOI: 10.1057/9781137352279_7

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