ExxonMobil Eyes $21.7B in Trinidad Deepwater Exploration Push

Key Takeaways ExxonMobil signed a deal to explore 2,700 sq miles of deepwater acreage off Trinidad's east coast.XOM sees potential to repeat its offshore Guyana success in Trinidad's geological setting.Surveys start within six months, with drilling to follow, leveraging Guyana-Trinidad infrastructure.Exxon Mobil Corporation (XOM) has inked an agreement to explore a vast deepwater acreage offshore Trinidad and Tobago, marking a significant expansion of its Caribbean presence, per a Reuters report. The area, ...