http://www.worldoil.com WorldOil Woodside tumbles most in 16 months after Shell to sell stake http://www.worldoil.com/news/2017/11/14/woodside-tumbles-most-in-16-months-after-shell-to-sell-stake Woodside Petroleum Ltd. fell the most in 16 months after Europe’s biggest oil company, Royal Dutch Shell Plc, said it would offloaded its entire holding in the Australian liquefied natural gas producer for $2.7 billion. Back-up cutters prevail in hard and abrasive rock http://www.worldoil.com/magazine/2017/october-2017/special-focus/back-up-cutters-prevail-in-hard-and-abrasive-rock A new backup cutter layout extends bit life without sacrificing rate of penetration. Baker Hughes to provide support for Gulf of Papua project http://www.worldoil.com/news/2017/8/8/baker-hughes-to-provide-support-for-gulf-of-papua-project Baker Hughes announced an it has signed an agreement with Twinza Oil to provide support on the Pasca A gas condensate field, offshore Papua New Guinea in the Gulf of Papua. Proserv secures series of decommissioning contracts in Asia-Pacific http://www.worldoil.com/news/2017/7/25/proserv-secures-series-of-decommissioning-contracts-in-asia-pacific Energy services company Proserv has been awarded a series of contracts worth around $4 million for its well severance, platform and FPSO decommissioning services in the Asia-Pacific region. The Philippines shortlists six countries for $2-billion LNG hub http://www.worldoil.com/news/2017/7/20/the-philippines-shortlists-six-countries-for-2-billion-lng-hub The Philippines has shortlisted six countries and will choose one from them as a partner for its planned $2-billion receiving and distribution facility for imported LNG, an official from the state-run energy firm PNOC said on Thursday. Ethos Energy awarded multi-million-dollar contract by Brunei Shell Petroleum http://www.worldoil.com/news/2017/7/18/ethos-energy-awarded-multi-million-dollar-contract-by-brunei-shell-petroleum Ethos Energy has been awarded a multi-million-dollar, five-year maintenance service agreement by Brunei Shell Petroleum for the provision of engineers and improvement of compressor packages on the Champion 7 offshore platform in the South China Sea, off the coast of Brunei. Philippine official says drilling for oil in disputed sea may resume this year http://www.worldoil.com/news/2017/7/12/philippine-official-says-drilling-for-oil-in-disputed-sea-may-resume-this-year Drilling for oil and natural gas on the Reed Bank in the South China Sea may resume before the end of the year, a Philippine energy official said on Wednesday, as the government prepares to offer new blocks to investors in bidding in December. Santos announces positive results from Muruk-1 exploration well in Papua New Guinea http://www.worldoil.com/news/2017/5/15/santos-announces-positive-results-from-muruk-1-exploration-well-in-papua-new-guinea Santos has announced further positive results from the Muruk-1 exploration well, being drilled in the Papua New Guinea Highlands. Lundin Petroleum's international spinoff approved http://www.worldoil.com/news/2017/4/11/lundin-petroleums-international-spinoff-approved In addition to shareholder approval, Lundin Petroleum received the regulatory consents and approvals to complete the internal reorganization of the Lundin Petroleum Group to spin-off its assets in Malaysia, France and the Netherlands into IPC. The reorganization was completed on April 7, 2017. Nido Petroleum reports mobilization of Deepsea Metro I drillship http://www.worldoil.com/news/2017/3/29/nido-petroleum-reports-mobilization-of-deepsea-metro-i-drillship Nido Petroleum Limited, on behalf of the Galoc JV partners, has advised that the drillship Deepsea Metro I has commenced mobilization from Labuan, Malaysia, to the Galoc-7/7ST well location in Block C1 of Service Contract 14, offshore the Republic of the Philippines.