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Exxon awards contract to acquire deepwater seismic offshore Trinidad and Tobago

Reuters01-16

<a href="https://laohu8.com/S/XOM">Exxon</a> awards contract to acquire deepwater seismic offshore Trinidad and Tobago

By Curtis Williams

HOUSTON, Jan 15 (Reuters) - Exxon Mobil XOM.N has awarded a contract to Shearwater Geoservices to acquire 3D seismic images over its large deepwater block offshore Trinidad and Tobago, Shearwater said on Thursday.

Exxon's deepwater block offshore Trinidad is located north of the Stabroek block in Guyana, the fastest-growing oil production site in the world.

The deepwater survey will cover approximately 6,000 square kilometers and is scheduled to begin in the first quarter of 2026. It is expected to take five months in water depths of 2,000 to 3,000 meters.

Exxon signed a production-sharing contract with Trinidad's government in August last year for a large deepwater area that was amalgamated from seven blocks to one.

At the time of the signing, Exxon Vice President of Global Exploration John Ardill said the company wanted to use its knowledge about Caribbean geology to try and replicate its success in the neighboring waters of Guyana.

He also promised Exxon would move quicker in Trinidad than it had in Guyana because of the amount of equipment already across the border in Guyana and existing energy infrastructure in Trinidad.

Exxon did not immediately reply to a request for comment.

An Exxon-led consortium has confirmed more than 11 billion barrels of recoverable oil and gas beneath the waters of Guyana.

(Reporting by Curtis Williams in Houston; Editing by Nathan Crooks and Nia Williams)

((Curtis.Williams@thomsonreuters.com; +1 346 324 7560;))

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