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Exxon awards contract to acquire deep-water seismic offshore T&T

Jan 16, 2026 News

(Reuters) – Exxon Mobil has awarded a contract to Shearwater Geoservices to acquire 3D seismic images over its large deep-water block offshore Trinidad and Tobago, Shearwater said on Thursday.

Exxon’s deep-water block offshore Trinidad is located north of the Stabroek block in Guyana, the fastest-growing oil production site in the world. The deep-water survey will cover approximately 6,000 square kilometers and is scheduled to begin in the first quarter of 2026. It is expected to take five months in water depths of 2,000 to 3,000 meters.

Exxon signed a production-sharing contract with Trinidad’s government in August last year for a large deep-water area that was amalgamated from seven blocks to one. At the time of the signing, Exxon Vice President of Global Exploration John Ardill said the company wanted to use its knowledge about Caribbean geology to try and replicate its success in the neighbouring waters of Guyana. He also promised Exxon would move quicker in Trinidad than it had in Guyana because of the amount of equipment already across the border in Guyana and existing energy infrastructure in Trinidad. Exxon did not immediately reply to a request for comment. An Exxon-led consortium has confirmed more than 11 billion barrels of recoverable oil and gas beneath the waters of Guyana.

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