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Twinza Oil have announced that they have obtained all internal approvals and executed a series of binding agreements for MRDC to take an up to 50% participating interest in the Pasca A Development Project and for the companies to cooperate in the acquisition and development of other oil and gas assets in Papua New Guinea.
Mineral Resources Development Company ('MRDC'), Twinza Oil and Twinza Oil (PNG) have announced that they have obtained all internal approvals and executed a series of binding agreements for MRDC to take an up to 50% Participating Interest in the Pasca A Development Project and for the companies to cooperate in the acquisition and development of other oil and gas assets in Papua New Guinea.
The people of Southern Highlands have said sorry to the people and the Government of PNG for the destruction of the State properties and an Air Niugini Aircraft eight years ago.
Prime Minister James Marape travelled out of the country for discussions on the Papua LNG with the Global Head of TotalEnergies.
Securities Commission issues licence to MRDC