Williams Companies (WMB.N) said the government seized two natural gas facilities in eastern Venezuela after building up millions of dollars in debts for services, adding it could demand payment through international arbitration.
Military vehicles rolled through the streets of Ciudad Ojeda, on the shores of oil heartland Lake Maracaibo, where the government seized hundreds of boats and shipyards after Chavez signed a law to nationalize a group of oil service companies.
"We have started to nationalize all these activities connected to oil exploitation," Chavez said from a confiscated boat sailing across the lake. "This is a revolutionary offensive."
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