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The Economic Times
The Economic Times

ONGC Videsh eyes Venezuela oil assets after US green light

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.

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