OFFICIAL LAUNCH OF PDL1 CLAN BANK ACCOUNT OPENING SET FOR 20 MAY 2024 In reference to the previous notice published on the 29 of April 2024, Mineral Resource Development Company (MRDC) wishes to announce the official launching of the Petroleum Development License 1 (PDL 1) Clan Bank Account Opening on Monday 20 of May 2024 […]
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The landowner company, Petroleum Resources Kutubu Limited (PRK), has generously donated K1 million to the Southern Highlands Provincial Health Authority (SHPHA) to support an initiative to attract and retain qualified medical doctors to continue the delivery of healthcare services within the province. Present at the announcement were PRK Board Chairman Mr. John Kapi Nato, PRK […]
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The MRDC Group of Companies invested in Hevilift by acquiring 50% of shares in the company. This investment decision is to participate in the aviation business with the major light aircraft business operator in the Asia Pacific region. Prior to the investment decision, due diligence was conducted for nine months in Hevilift Ltd to purchase […]
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Bank of South Pacific (BSP) is proud to open this sub-branch in Kikori District of Gulf Province. This is a historic occasion as this is the first time a bank has been set up in this remote area. We are confident that banking services will now pave the way for people in this district to […]
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Thank you for joining us on this very important occasion for the people of Kikori – the opening of the BSP bank, the Post Office and the PNG Power facilities. These facilities will serve the community, and that is why it is important that we take responsibility in managing these facilities. Don’t take it for […]
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Petroleum Resources Kutubu Limited (PRK) is a subsidiary of Mineral Resources Development Company (MRDC). It was incorporated in 1989 under the Companies Act to hold the landowners and provincial government equity interest in the Kutubu Petroleum Project and currently manages 6.75% equity in the Project on behalf of the beneficiaries in Petroleum Development Licence 2 […]
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This marks a key event in the history of Post PNG and also the people of Kikori, Gulf Province and Papua New Guinea. The opening of this Post Office is significant for Post PNG as a crucial supplier of basic postal, logistical and financial services to the people of this District. This marks a key […]
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It is indeed my honour to witness the official opening of the new BSP Bank and Post Office in Kikori initiated, developed and delivered in a partnership between MRDC, its subsidiary landowner company Petroleum Resources Kutubu (PRK), Bank South Pacific (BSP) and Post PNG. This project is an important one in bringing banking and postal […]
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Building a BSP bank and Post Office as well as accommodation facilities and support services in a remote area like Kikori in the Gulf Province required solutions to a variety of logistical problems – but it was a challenge Global Modular Solutions (GMS) was happy to take on. The company took on a project that […]
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This is a momentous moment for the people of Kikori, including myself, with the opening of the new BSP Bank and Post PNG Post Office facilities. As a Director of PRK I would like to thank the partners involved in this project namely Mineral Resources Development Company (MRDC), Bank South Pacific (BSP) and Post PNG. […]
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