Abstract
The article analyzes the risks and benefits of international outsourcing for the Russian oil and gas industry. It is shown that the dependence on non-Russia oil field servicers may lead to the technological obsolescence of the Russian oil and oil service industries and enable foreign operators to implicitly influence the efficiency of the Russian economy. It is shown that the dependence of Russian oil companies on foreign oil field service providers in 2014 affected not only individual companies, but the entire oil and gas industry. Given the importance of the oil and gas industry for Russia’s economy, this poses a high risk to Russia’s economy as a whole. Finally, the article offers several prescriptions concerning Russian oil field servicing as it operates under sectoral sanctions.
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