http://www.worldoil.com WorldOil Searcher Seismic completes 3D reprocessing project offshore Papua New Guinea http://www.worldoil.com/news/2018/6/8/searcher-seismic-completes-3d-reprocessing-project-offshore-papua-new-guinea Searcher Seismic has announced the expansion of its modern, high-quality and exploration focused seismic, magnetic and geochemical focused production offerings offshore Papua New Guinea with the completion of the Laurabada UltracubeTM 3D reprocessing project. Tiny Pacific island nation battles oil giant for LNG profits http://www.worldoil.com/news/2018/5/23/tiny-pacific-island-nation-battles-oil-giant-for-lng-profits The tiny, impoverished nation of Papua New Guinea came out on the short end of a $19-billion development with ExxonMobil Corp. to build one of Asia-Pacific’s biggest energy projects. But as the company pushes to expand the venture, the government is vowing that round two may require a much bigger payday for the locals. Noble Energy to progress development of Alen field, offshore Equatorial Guinea http://www.worldoil.com/news/2018/5/10/noble-energy-to-progress-development-of-alen-field-offshore-equatorial-guinea Noble Energy, Inc. announced that it has executed, along with the Government of the Republic of Equatorial Guinea and necessary third-parties, a Heads of Agreement establishing the framework for development of natural gas from Alen field located offshore Equatorial Guinea. ExxonMobil reports 84% increase in P’nyang resource, potential expansion in PNG http://www.worldoil.com/news/2018/4/12/exxonmobil-reports-84-increase-in-p-nyang-resource-potential-expansion-in-png ExxonMobil Corp. today announced that the size of the natural gas resource at P’nyang field in Papua New Guinea has increased to 4.36 Tcf of gas, an 84% increase from a previous assessment completed in 2012. China's ENN to cautiously consider Harbour's $10.3-billion Santos offer http://www.worldoil.com/news/2018/4/9/chinas-enn-to-cautiously-consider-harbours-103-billion-santos-offer Chinese company ENN said it will consider a $10.3-billion takeover from U.S. suitor Harbour Energy for Santos Australian LNG exporter. Over $57 billion to be spent on Oceania’s upstream projects by 2025, GlobalData says http://www.worldoil.com/news/2018/3/15/over-57-billion-to-be-spent-on-oceania-s-upstream-projects-by-2025-globaldata-says An average capex of $7.1 billion per year is forecast to be spent on 31 upcoming oil and gas fields in Oceania between 2018 and 2025, according to GlobalData, a leading data and analytics company. World of Oil and Gas http://www.worldoil.com/magazine/2018/march-2018/news-resources/world-of-oil-gas TAG Oil Ltd. (70%), operator of the Puka permit (PEP 51135) in New Zealand’s Taranaki basin, said the Pukatea-1 exploration well was drilled to 10,170 ft, MD, encountering variable hydrocarbon shows. ExxonMobil encounters hydrocarbons onshore Papua New Guinea http://www.worldoil.com/news/2018/1/15/exxonmobil-encounters-hydrocarbons-onshore-papua-new-guinea ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea. Santos strengthens PNG growth with farm-in to Aure Fold Belt http://www.worldoil.com/news/2017/12/7/santos-strengthens-png-growth-with-farm-in-to-aure-fold-belt Santos has announced it will acquire a 20% equity in the PPL 339 licence in Papua New Guinea via a farm-in agreement with Kina Petroleum Limited. Oil Search raises output goal on record Papua New Guinea gas http://www.worldoil.com/news/2017/8/22/oil-search-raises-output-goal-on-record-papua-new-guinea-gas Oil Search Ltd., the Papua New Guinea-focused energy explorer, raised its full-year production target because of record output from the country’s liquefied natural gas project.