Client Successes

Joint Ventures Diligence Russia Oil

1. Problem	2. Approach	3. Client Benefits
Large international oil and gas company interested in investing in a lucrative Russian oil field through a joint partnership needed to conduct due diligence on its potential Russian partner.	In combination with our extensive library of information on operating in the Russian market, conducted due diligence on the potential Russian joint venture partner and presented the client with an analysis of the risks it faced and risk mitigation strateg	The client was able to clearly understand the risks that it faced and the impact of these on its investment. The client was also able to evaluate whether the risk mitigation strategies available to it provided it with the confidence necessary to make a s
Large international oil and gas company interested in investing in a lucrative Russian oil field through a joint partnership needed to conduct due diligence on its potential Russian partner. The client was concerned about its ability to maintain title and protect its property rights in a notoriously murky Russian legal environment and wanted to understand whether the potential partner would attempt to take advantage of the poor legal protections afforded by Russian law. The client was concerned about the ability of its Russian partner to operate in line with the operating and ethical standards of the client, creating legal liabilities for FSG’s client. Despite the risks, the joint venture appeared highly lucrative to the client because the joint venture approach remained the only possibility for accessing Russian oil reserves.

back to Client Successes Index