Search Results: 2022

PNG CORE has commended the Papua New Guinea Extractive Industries Transparency Initiative (PNG EITI) on the official launch of its FY2024 Annual Report, marking an important milestone as Papua New Guinea prepares for its upcoming EITI Validation, scheduled to commence in April 2026. The report was launched during the Multi-Stakeholder Group (MSG) first...

The Chief Executive Officer of the National Superannuation Fund (Nasfund), Rajeev Sharma, on 20 February announced the appointment of Christopher Elphick as Chairman of the Nasfund Board of Directors, effective January 2026. Sharma said, “On behalf of the Fund, I am pleased to announce the appointment of Christopher Elphick as Chairman of the Board. Ch...

The Minister for Works and Highways, Peter Tsiamalili Jr, has called for stronger accountability, tighter financial management and engineering excellence as the Department of Works and Highways convened its 2025 final quarter budget review in Lae. The three-day review, held at the Lae International Hotel in Morobe Province on Tuesday, Feb. 17, aims to ...

 From First Oil and Gas to LNG By Michael McWalter EDITOR’S NOTE: Michael McWalter, former Director, Petroleum Division and Adviser to the Government of Papua New Guinea, and erstwhile petroleum adviser to the governments of Ghana, Liberia, Cambodia, São Tomé, and South Sudan, recalls the foundations of petroleum resource development in Papua New ...

Continuing its commitment to developing local talent, Steamships is delighted to commence its 2026 Graduate Development Program (GDP), welcoming nine new graduates into the program while also celebrating the successful completion of the program by the 2022 cohort. Managing Director of Steamships, Chris Daniells, said, “We are pleased to welcome the 202...

Papua LNG is a significant liquified natural gas (LNG) project for Papua New Guinea (PNG). Led by TotalEnergies, it will develop the Elk/Antelope gas fields in the Gulf of Papua, which hold large gas resources, the energy equivalent of more than one billion barrels of oil. Intended to be the country's second LNG project, Papua LNG promises a lot, inclu...

Remington Group is excited to be the first tech company in PNG to launch an e-commerce website, strengthening its commitment to providing Papua New Guineans with reliable, high-quality, and locally supported technology solutions. The online store builds on the success of the recently opened Remington Hi-Tek flagship showrooms in Port Moresby and Lae, e...

The National Cultural Commission has played a growing role in strengthening Papua New Guinea’s future workforce since launching its internship programme in 2022, as it farewelled seven University of Papua New Guinea students who have successfully completed internships and short-term professional attachments. The farewell was held on 6 February at the N...

Papua New Guinea’s newly appointed Minister for the Department of Works and Highways, Peter Tsiamalili Jr, has called for integrity, accountability and uncompromising quality in the delivery of national infrastructure, as he formally assumed office following the passing of former Minister Hon. Solan Mirisim, MP. Minister Tsiamalili was officially welco...

Since 2016, the National ICT Authority (NICTA) has supported more than 40 women to study Information and Communications Technology (ICT) and Science, Technology, Engineering and Mathematics (STEM)-related courses in-country. The NICTA Girls in ICT Tertiary Scholarship Programme has been a cornerstone of development, contributing to government policies ...

Technology and communications specialist TE (PNG) Limited has achieved a national first, receiving Papua New Guinea’s inaugural approval from the National Information and Communications Technology Authority (NICTA) to trial a fixed land OneWeb Low Earth Orbit (LEO) satellite service in Port Moresby. Live testing has now commenced, marking a significant mi...

The U.S. Embassy in Port Moresby announced that Prime Minister James Marape met with U.S. President Donald J. Trump during the United Nations General Assembly (UNGA) in New York. The historic exchange underscores the strong partnership and close friendship between Papua New Guinea (PNG) and the United States. The meeting follows a landmark visit to Por...

Comrade Trustee Services Limited (CTSL), the superannuation fund serving members of the Papua New Guinea Defence Force (PNGDF), has strengthened its governance framework and long-term strategic positioning with the appointment of Mr Chetan Chopra as Chairman of the Board. The appointment of Chopra was formally announced during a CTSL press conference h...

Papua New Guinea’s mining sector continues to underpin the national economy and is positioned for a new phase of growth, reform, and sustainable investment, Acting Managing Director of the Mineral Resources Authority (MRA) Harry Kore said during the regulator’s forum, PNG’s Mining Sector Update, at Investment Week on Dec. 8 in Sydney, Australia. Addres...

The private sector is showing how climate responsibility, inclusive growth, and commercial success can align, with TWM Group positioning itself as a national leader in environmental services following a major investment partnership with the International Finance Corporation (IFC). Speaking at a high-level climate impact session during PNG Investment We...

Discussions have been concluded between the Minister for International Trade and Investment, Hon. Richard Maru, and the Chairman of New Britain Palm Oil Limited (NBPOL), Datuk Mohamad Helmy Othman Basha, for the State to take equity in Ramu Agri Industries Ltd (RAI) early next year. Minister Maru, who is also responsible for State Equity, said that the...

ShieldCrete® International has established a significant presence in Papua New Guinea through a strategic joint venture between Malaysia-based ShieldCrete® International and local partner Workforce South Pacific, creating ShieldCrete® South Pacific (SCSP). This advanced coatings company operates major facilities in Port Moresby and brings over 30 years of...

The Mineral Resources Development Company (MRDC) has completed the distribution of royalty and equity payments worth K74,147,996 (approximately USD 20.8 million) to landowners from the PNG LNG Plant Site in Central Province, Papua New Guinea, marking a significant step in delivering long-awaited project benefits. The payments were confirmed by MRDC on ...