Trinidad and Tobago has approved a partnership between energy giants ExxonMobil and Occidental Petroleum (Oxy) for exploration activities in the TTUD-1 Ultra-Deep Block.

Minister of Energy and Energy Industries Dr Roodal Moonilal approved Oxy’s investment in the block during a meeting with representatives from ExxonMobil Trinidad and Tobago Limited and Occidental Petroleum at the ministry’s headquarters in Port of Spain on Monday, June 8, 2026.

The TTUD-1 Ultra-Deep Block was awarded to ExxonMobil in August 2025, and the partnership with Oxy brings together two major global energy companies for exploration and potential development opportunities offshore Trinidad and Tobago.

The announcement follows remarks made by Prime Minister Kamla Persad-Bissessar during the opening of the Second Session of the Thirteenth Parliament, where she highlighted the partnership as a significant milestone for the country’s energy sector.

The meeting included ExxonMobil President Paul Riley, Oxy Vice President of International Exploration Pedro Romero, and ExxonMobil Business Development Manager Gboyega Ayeni.

Officials from the Ministry of Energy and Energy Industries also attended the engagement, including Acting Permanent Secretaries Karinsa Tulsie and Ava Mahabir-Dass.