Key Takeaways ExxonMobil signed a PSC for Trinidad & Tobago's UD-1 block, spanning 7,100 square kilometers.The block gives ExxonMobil 100% interest, consolidating seven areas from the 2025 bidding round.UD-1 extends ExxonMobil's deepwater reach, complementing its growing Guyana oil developments.Exxon Mobil Corporation (XOM) has strengthened its Caribbean presence with a major deepwater acquisition in Trinidad and Tobago, securing a production sharing contract (PSC) for a frontier block that surpasses the is ...