Venezuela set to build first oil rig with China

Venezuela is poised to begin building the first joint Venezuelan-Chinese oil drilling platform in June, according to Energy Minister Rafael Ramirez (picture left)
"The oil drilling platform is at a very advanced stage in the western Orinoco Belt," Ramirez told the Panorama newspaper, from the northwestern city of Maracaibo,on Monday.
"In June ...Venezuela will assemble the first oil rig with Venezuelan labor...."