Exxon Seals Massive Trinidad Oil and Gas Exploration Deal

Exxon Seals Massive Trinidad Oil and Gas Exploration Deal

Exxon has sealed a deal with the Trinidad and Tobago government for deepwater exploration that could involve investments of $21.7 billion, according to the Caribbean nation’s energy minister. “What we are awarding today is larger than the surface area of the country,” Roodal Moonilat said as he broke the news of the new deal, saying the area that Exxon will explore was the size of seven normal offshore blocks. Said area lies northwest of the Sta…

Exxon Could Invest as Much as $21.7 Billion if It Finds Oil, Gas in ...

EXXON INKS DEAL WITH TT

The largest publicly trading oil company in the world was welcomed back to T&T after 22 years, Exxon's VP of global Exploration was exceedingly pleased with the pace of negotiations

ExxonMobil could invest $147 billion

ENERGY major ExxonMobil could invest up to US$21.7 billion (TT$147 billion) in Trinidad and Tobago over the coming years if hydrocarbons are discovered offshore, following its return to the country after more than two decades, Prime Minister Kamla Persad-Bissessar has…

ExxonMobil may invest up to $21.7bn in Trinidad and Tobago

ExxonMobil is poised to potentially invest as much as $21.7bn in Trinidad and Tobago, contingent upon successful discovery of reserves in a newly awarded deepwater exploration area.

Trinidad awards deepwater blocks to Exxon, could see US$21.7 billion investment, minister says

(Reuters) – Exxon Mobil  (XOM.N),  could invest as much as US$21.7 billion in Trinidad and Tobago if the U.S. The article Trinidad awards deepwater blocks to Exxon, could see US$21.7 billion investment, minister says appeared first on Stabroek News.