Saith will hold the portfolio of energy minister in addition to his existing portfolio of minister of public administration and information, the release said.
Saith will take office in a year that will feature roughly 7.2bn Trinidad & Tobago dollars (US$1.15bn) in energy and energy-related projects, local newspaper The Guardian reported.
Most of the new projects planned for this year are "private-sector driven," the paper quoted Saith as saying, without going into detail about the projects.
"We have worked with Dr Lenny Saith on several matters. He is a very experienced and good minister in whom we have every confidence. We look forward to working with him and his ministry," UK oil company BP's Trinidadian subsidiary (BPTT) said in a statement.
Former minister Williams resigned after being charged with accepting bribes totaling 75,000 Trinidad & Tobago dollars in 2003 in exchange for awarding local oil exploration company Geoseis Services a seismic contract at Point Galeota in southeast Trinidad.
Energy ministry officials were not available for comment when contacted by BNamericas on Tuesday.
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