Curacao, September 19, 2025 (venezuelanalysis.com) – China Concord Resources Corp. (CCRC) installed the first self-elevating offshore platform in Maracaibo Lake, located in western Zulia state, in recent years. This is Venezuela’s second-largest oil-producing region. According to reports, the Alula jack-up rig is expected to boost crude production in the lake from the current 12,000 barrels … Continue reading China installs its first Floating Oil Platform in Venezuela’s Maracaibo Lake