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ExxonMobil has reached an agreement with the government of Trinidad and Tobago to explore seven ultra-deepwater blocks located northwest of the Stabroek oil field in Guyana. This marks ExxonMobil's return to Trinidad and Tobago after a 20-year absence. Industry analysts suggest that the newly acquired blocks could hold reserves comparable to the prolific Stabroek field. Separately, PETRONAS is reportedly seeking $1 billion from the sale of its stake in the Rio oil field.
ExxonMobil is returning to Trinidad & Tobago after 20 years, securing 7 ultra-deepwater blocks near its massive Stabroek field in Guyana. Analysts say the area could hold similar promise. #OilExploration #ExxonMobil #Trinidad #Guyana #OffshoreEnergy https://t.co/wNRJF38DKQ
Exclusive: Trinidad, ExxonMobil agree to terms for deepwater blocks, government sources say https://t.co/iZ97SMxObU https://t.co/iZ97SMxObU
Reuters | Trinidad y Tobago adjudicará a ExxonMobil siete áreas de aguas profundas al noroeste del bloque Stabroek https://t.co/qiwckgW8FY
