James Henderson has more than 25 years of experience in the oil and gas industry as a commercial manager, consultant, investment banker and in his current role as a Senior Research Fellow at the Oxford Institute for Energy Studies, UK. He has written numerous papers and articles on the Russian oil and gas sector and is a frequent speaker at industry conferences. He has been analysing Russia for the past 17 years and spent 5 years living in Moscow in the late 1990s.   Alastair Ferguson has worked in the oil and gas industry for more than 30 years, most recently for 8 years as the Head of Gas for TNK-BP in Moscow. He continues to live and work in Moscow as an advisor on energy issues to a range of financial and corporate clients. He is also a Non-Executive Director of JKX Oil and Gas and Kazmunaigas.

• 1. The Turbulent History of Foreign Involvement in the Russian Oil and Gas Industry 2. A Review of Academic Theory on Joint Ventures, Partnership and the Importance of Local Knowledge 3. Joint Ventures from the 1990s 4. The Key Drivers of Foreign Partner Success – A Quantitative Analysis 5. Experiences in the Putin Era 6. Reflections on Partnership at TNK-BP 7. Conclusions on a Strategy for Foreign Partners