Fossil Energy – Exploration
ExxonMobil has signed a deal to explore a vast area near Trinidad and Tobago for oil and gas.
The search will take place off Trinidad’s east coast, in a region that spans more than 2,700 square miles (7,000 square kilometers) and is more than 6,500 feet (2,000 meters) deep, according to government officials.
The deal was signed following six months of negotiations that were held at a record pace, said John Ardill, ExxonMobil’s vice president of global exploration.
