ExxonMobil plans to expand its oil operations to Trinidad and Tobago, leveraging its experience with offshore fields in Guyana. The company highlights the speed of negotiations and preparations, with the first drilling expected by mid-2027. This project could provide a lifeline to a country struggling with declining production and supply issues in the gas sector. However, the viability of the resources remains to be proven.
ExxonMobil launches a new oil offensive in Trinidad and Tobago
This article was updated at 20:05.