T&T Government Signs Multi-Billion-Dollar Oil Deal with ExxonMobil

Port of Spain, Trinidad & Tobago – August 13th, 2025 – Just over 100 days into its term, the new government has made a monumental move to re-energize Trinidad and Tobago’s dominant energy sector. Today, Prime Minister Kamla Persad-Bissessar announced a multi-billion-dollar deal with oil giant ExxonMobil, aimed at unlocking vast, untapped resources deep off the nation’s east coast.

This strategic partnership is expected to boost the country’s energy production and create new economic opportunities. The Prime Minister’s announcement marks a significant step in the government’s plan to revitalize the energy sector and secure the nation’s energy future.