ONGC plans to bid with Reliance in Venezuela- exec

NEW DELHI, April 9 Thu Apr 9, 2009 1:40am EDT

NEW DELHI, April 9 (Reuters) - Indian state-run explorer Oil and Natural Gas Corp (ONGC.BO) plans to jointly bid with Reliance Industries (RELI.BO) for three oil and gas blocks in Venezuela, an official said on Thursday. "We are studying the proposal for three blocks and we plan to partner with Reliance. Final documents are yet to be signed," an ONGC Videsh official, who did not wish to be named, told reporters. (Reporting by Nidhi Verma; Editing by John Mair)