ENERGY Minister Dr Roodal Moonilal has welcomed an analysis published by Rystad Energy which stated that ExxonMobil’s latest offshore campaign in Trinidad and Tobago could yield over US$20 billion in new investment opportunities.

In response to questions from the Express yesterday, Moonilal said there is “excitement” in the air and in the energy industry following Prime Minister Kamla Persad-Bissessar’s launch of a revitalisation blueprint last Thursday.

According to a report on oilnow.gy dated November 10, an analysis published by Rystad Energy on November 6 stated that the US oil major is targeting one of the Caribbean’s least-explored ultra-deepwater frontiers with a proven exploration model that has delivered transformative results elsewhere.