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An­tho­ny Wil­son

Con­sul­tant Busi­ness Ed­i­tor

Prime Min­is­ter Kam­la Per­sad-Bisses­sar says US en­er­gy gi­ant, Exxon­Mo­bil, could spend be­tween US$16.4 bil­lion and US$21.7 bil­lion on de­vel­op­ment costs in the ul­tra deep­wa­ter blocks in T&T’s ter­ri­to­r­i­al wa­ters, 190 miles off Trinidad’s east coast, if the com­pa­ny’s ini­tial seis­mic and oth­er tech­ni­cal stud­ies are suc­cess­ful.