The MRDC holds participating equity interests on behalf of project area landowners and respective provincial governments in the three petroleum projects in the country. They include the Kutubu, Moran, and Gobe petroleum projects. MRDC’s mandate to manage these interests is through the Oil & Gas Act
Mineral Resources Development Company Limited (MRDC) is registered under the Companies Act 1997 and is wholly owned by the State. Since 1975, MRDC has proudly managed landowner and provincial equity in Papua New Guinea’s resource sector — building wealth, empowering communities, and shaping a legacy of progress.