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US en­er­gy gi­ant Exxon­Mo­bil’s ne­go­ti­a­tion for the award of sev­en ul­tra-deep­wa­ter ex­plo­ration blocks off the coun­try’s east coast of Trinidad and To­ba­go is a done deal, ac­cord­ing to an in­ter­na­tion­al news re­port.

In­ter­na­tion­al new agency Reuters said Exxon­Mo­bil fi­nalised terms with the T&T gov­ern­ment and the agree­ment is ex­pect­ed to be for­mal­ly signed next week.

It would mark Exxon­Mo­bil’s re­turn to Trinida­di­an wa­ters af­ter an ab­sence of two decades.