MRDC Group Celebrates Gas Agreement for Pasca Project The Mineral Resources Development Company (MRDC) and its subsidiary, Hevehe Petroleum, proudly announce the signing of the Gas Agreement for the Pasca Gas Project. The agreement, executed by the Head of State at Government House today, marks a significant milestone in the development of Papua New Guinea’s […]
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GR Hides No.4 Limited Opens New Learning Facility in Hela Province Gas Resources Hides No.4 Limited opened a new 4-in-1 double-storey classroom at Mananda Jr. High School in Komo District, Hela Province. The classroom is the first project for the PDL7 Landowner Beneficiaries, in Hela Province and was developed through a partnership between the Mineral […]
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Petroleum Resources Kutubu donates to Kerema General Hospital Petroleum Resources Kutubu (PRK) has donated 20 mattresses and 20 fans to Kerema General Hospital to enhance patient well-being. Reginald Ope, Mineral Resources Development Company (MRDC) General Manager of Asset and Infrastructure, delivered the items during a recent community engagement visit to Kerema Town. Dr. Michael Lalam, […]
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Kikori Sets Sight On Cocoa Landowners in Kikori, Gulf province, are set to embark on a major initiative aimed at transforming their area into a major cocoa producing hub in the Gulf region. The Omati Cocoa Project, an initiative of Mineral Resources Development Company (MRDC) and its subsidiary Gas Resources Pipeline Ltd, received the endorsement […]
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SANTOS FOUNDATION AND MRDC SIGN COMMUNITY DEVELOPMENT PARTNERSHIP Port Moresby | Santos Foundation and the Mineral Resources Development Company Limited (MRDC) signed a Memorandum of Understanding today, 26 August 2024, to enhance the development of Nipa-Kutubu District, Southern Highlands Province. This partnership focuses on six strategic priorities within the Nipa-Kutubu District: upgrading education infrastructure and […]
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Update on PDL 1 Clan Bank Account Opening and Directors Election The Mineral Resources Development Company (MRDC) wishes to inform and update the Hides PDL1 beneficiaries and stakeholders on the status of the Clan Bank Account Opening and Directors Election program. A court order in the case OS (JR) 198 of 2019 currently restrains the […]
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HIDES PDL1 CLAN BANK ACCOUNT OPENING EXERCISE The Mineral Resource Development Company (MRDC) is pleased to announce the successful completion of the clan bank account opening exercise and directors’ election for the Petroleum Development License 1 (PDL1) beneficiaries. This milestone achievement, pending since the inception of the PNGLNG project in 2014, marks significant progress. Against […]
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MRDC backs PNG Resources Week as Principal Sponsor With six days to go the start of the inaugural PNG Resources Week, leading landowner Trustee company, Mineral Resources Development Company (MRDC) has stepped in, as a Principal Sponsor for this inaugural premier national event. MRDC Managing Director Augustine Mano, when confirming support for PNG Resources Week, […]
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PUBLIC NOTICE: PDL1 Mediation and Directors’ Election Schedule Further to our previous notice dated 3rd June 2024, Mineral Resources Development Company (MRDC) wishes to inform the public that the mediation, clan chairman consultation, awareness and election of directors will proceed as per schedule at the designated locations and dates. MRDC strongly discourages any meetings being […]
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MRDC Responds to Kua on Pasca Agreement We acknowledge the recent comments made by former Minister for Petroleum, Hon. Kerenga Kua, regarding the MRDC-Twinza deal. While these remarks are not unexpected, they contain inaccuracies and misleading allegations that need to be corrected. Notably, it is ironic that his tenure significantly contributed to the nearly three-year […]
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