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The planet Oceania, in the Iridia star system, is a generally earthlike planet that is mostly covered by ocean, with a few island chains. Before the Apocalypse War, NASA scientists identified Oceania through telescopic observations as likely to be habitable. After the establishment of Sol Jumpgate and the beginning of star travel, Oceania was the first extrasolar planet that a colony was established on.
There was much pent-up demand for an Earth-like living space rather than enclosed habitats, and at first the problem was how to keep the entire population of Sol System from trying to move to Oceania at once. Plentiful resources of water, native seafood and energy, along with limited land area, made the construction of Oceania's infrastructure extraordinarily rapid. Some have observed that there never really was a “frontier” era on Oceania – it went straight from wilderness to boom town, with no intermediate steps.
Oceania has proven particularly appealing to aquatic recoms of all species, due to the plentiful shoreline, rivers and wetlands, and ready employment in the fishing and aquaculture industries – which not only feed the population of Oceania, but also export food to other colonies.
Heavy industry has also developed on and around Oceania, with Seibu Kaihatsu Heavy Industries building a shipyard in orbit around the planet. Silent Tiger Shipyards is considered the most advanced shipyard outside of Sol System.
Oceania is also home to InterCore, the sector's only Megacorporation which also exists as an independent Corponation under Iridian law. While this status effectively gives InterCore an extraterritorial claim, InterCore maintains extremely close ties with the Iridian government, and it is common that many Iridian laws are adopted by InterCore as well. InterCore is not only the largest corporation on Oceania and Iridia as a whole, it is amongst the largest and most powerful corporate entities in Recom space.