New Delhi, Nov. 7 -- The Oil and Natural Gas Corporation Limited (ONGC) finance head, Anupam Agarwal, reportedly said on Friday that ONGC Videsh's (OVL) pending $500 million in dividends from two projects in Venezuela are likely to be adjusted once new operator agreements are finalised.

ONGC Videsh, the overseas investment arm of ONGC, has over $500 million in pending dividend from its stakes in the two projects: San Cristobal and Carabobo 1 field.

India's top explorer ONGC hopes to secure rights to operate two Venezuelan oil projects within three to six months, as it is in advanced talks with Venezuelan and US authorities, its head of finance, Anupam Agarwal, said on Friday during an analyst call.

According to the report, ONGC Videsh ...