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ExxonMobil is nearing completion of its seismic acquisition programme on Block TTUD-1 offshore Trinidad and Tobago, marking a key milestone in the company’s first year of exploration activities under its production sharing contract.
The update was posted by the Energy Chamber, citing a report by OilNow.In a letter to Energy Minister Dr Roodal Moonilal, Paul Riley, president of ExxonMobil T&T Deepwater Ltd, said the company had completed a busy first contract year that included US$3.66 million in direct payments to the Ministry of Energy and Energy Industries.
ExxonMobil had committed to beginning seismic acquisition within six months of signing the production sharing contract in August 2025. The company began the survey about five months after signing the agreement.
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