ONGC expects operatorship of two Venezuelan oil projects in 3-6 months

ONGC expects to secure operatorship rights for two Venezuelan oil projects, San Cristobal and Carabobo, within three to six months as talks with Venezuelan and US authorities advance. The move could allow the company to operate the projects and sell their output, while more than $500 million in pending dividends owed to ONGC Videsh would be adjusted under the new agreements.