A team from the international investment arm of India’s Oil & Natural Gas Corp. has arrived in Venezuela to review assets in the country, according to people familiar with the matter, weeks after the company received a green light from the US.
During a seven-day stay that began on Tuesday, a team of nearly a dozen officials from state-run ONGC Videsh Ltd., or OVL, plans to see oil fields and meet Venezuelan energy officials, the people said. It will be the first such visit in years, they added.