India and Angola signed an agreement in the hydrocarbon sector. This will increase the supply of crude and allow increased investment by Indian firms. A memorandum of understanding was signed in New Delhi by Minister of Petroleum and Natural Gas Murli Deora and visiting Angolan Petroleum Minister Jose Maria Botelho. A joint working group will also be set up to implement the provisions of the agreement. AIR Correspondent reports that State-run Oil and Natural Gas Corporation's overseas exploration arm, ONGC Videsh Limited, has been offered exploration and production of hydrocarbon reserves in onshore and offshore blocks in Angola. India, which has developed one of the world's largest downstream processing capacity, will help Angola in development of refining and natural gas infrastructure. Angolan technical personnel will also be offered training in natural gas and crude oil refining.