Kumul Petroleum Holdings Limited (KPHL) today presented an interim dividend of K400 million to the Government, bringing the total contribution for 2026 to over K1 billion. The K400 million payment follows an advance dividend payment of K150 million made in December 2025, bringing KPHL’s total dividend contribution to the State for 2026 to K550 million.…
Port Moresby, 9th September 2026 – The Kumul Petroleum Holdings Limited (KPHL) Board has commenced a comprehensive review and reset of the Kumul Tower Project after a site inspection by KPHL Board Chairman, Ambassador Isaac B. Lupari CBE, GCL and Acting Managing Director Mr. Luke Liria. The recent visit confirmed that significant excavation, ground stabilisation,…
Amended Shareholders Agreement aligns key decisions with the combined 52.94% majority interest held by KPHL and MRDC in Lakatoi Marketing Pte Ltd. Port Moresby, 7th September 2026 – Kumul Petroleum Holdings Limited (KPHL) has successfully concluded and executed the amended Shareholders Agreement with TotalEnergies that governs the joint marketing of equity LNG and gas volumes…
Kumul Petroleum Holdings Limited (KPHL) recently convened a strategic alignment workshop at the Grand Papua Hotel to strengthen internal coordination and reinforce the company’s governance, transparency and accountability agenda. The workshop brought together the KPHL Board of Directors, senior executives, middle-level technical and professional managers and coincided with the formal transition of Board leadership from…
Kumul Petroleum wants to ensure that beyond the larger LNG projects, the smaller gas discoveries can be progressed towards development in the years to come.Kumul Petroleum Chairman, Gerea Aopi in his presentation at the 41st Australia Papua New Guinea Business Forum and & Trade Expo in Brisbane, Australia said “whilst oil production has tapered off,…
Kumul Petroleum Holdings Limited has advised of the transfer of its Board chairmanship from Gerea Aopi, MBE, to fellow director Mr Isaac Lupari CBE GCL. Isacc Lupari will take over as KPHL Chairman starting 19 May. The transition process between the two directors has been ongoing mid-April to ensure a smooth changeover and leadership continuity.…
Newly appointed Kumul Petroleum Holdings Limited director, Mr Isaac Lupari,on Saturday visited two of the company’s major project sites – the Motukea Fuel Facility and the Caution BayTraining and Fabrication Facility.Accompanied by KPHL acting managing director Dr. Luke Liria, director Lupari familiarised himself with theinfrastructure and their stages of completion. Director Lupari said, ” It…
The Board of Kumul Petroleum Holdings Limited (KPHL) recently toured the Cancer Service Unit at ANGAU Memorial Hospital, where the company has invested over K20 million to improve cancer treatment services. Between 2020 and 2025, after a tripartite agreement with the Morobe PHA and ANGAU, KPHL supported the re-establishment of the radiotherapy and brachytherapy units…
Kumul Petroleum Holdings Limited, Hevehe Petroleum Limited and Twinza Oil (PNG) Limited recently signed a Memorandum of Understanding to jointly investigate gas aggregation opportunities in the Gulf of Papua. The Memorandum of Understanding enables the joint study and evaluation of the technical and commercial feasibility of aggregating gas from discovered or prospective gas assets within…
On 13th February the Chinese Ambassador to Papua New Guinea Mr. H.E. Yang Xiaoguang made an unannounced, unofficial visit to the KPHL training facility construction site near Caution Bay. After meeting Government officials, this was part of his visits to Chinese contractors operating in Port Moresby to celebrate the Spring Festival, the start of the…
Kumul Petroleum Holdings Limited yesterday reacted to the recent announcement that the the PNG LNG Project Joint Venture, in which KPHL has a 19.4% interest, had accelerated the final repayment under the PNG LNG project finance facility, bringing it to a close earlier than expected. The project has delivered strong and sustained performance and benefits…
Kumul Petroleum Holdings Limited today proudly announced its annual Port Moresby Charity Golf Challenge. The event will be held on 7th November at the Royal Port Moresby Golf Club.Kumul Petroleum Community Affairs Manager, Marlcom Negints highlighted the impact of past events, noting that funds raised have significantly supported children in licensed out-of-home care centres across…
The Kumul Petroleum Holdings Limited (KPHL) Board today welcomed the decision of the National Court in relation to the cases that had been submitted earlier in the month by suspended KPHL managing director, Mr Wapu Sonk. Effectively the National Court decision confirms the legal standing of the KPHL Board led by Chairman Gerea Aopi, appointed…
Kumul Petroleum Holdings Limited (KPHL) celebrated that nine individuals had successfully completed their Graduate Development Program, in a ceremony marking the completion of their two-year journey with the company. During the event, KPHL managing director Wapu Sonk presented certificates of appreciation to the graduates and officially welcomed them into full-time roles with the organisation. He…
The executive management team of Kumul Petroleum Holdings Limited has been boosted by the recent appointment of Mr Gary Constantine as Executive General Manager, Commercial. Mr Constantine is an industry professional with decades of experience in many countries in the Asia Pacific region including the Netherlands, Hong Kong, Pakistan, Australia and Canada – where he…
Apart from its project and licence area shareholding, KPHL is 100% owner and operator of four petroleum retention licences, has established the Kumul Petroleum Academy for specialist industry training, supports the construction of rural electrification infrastructure, health infrastructure and services (especially cancer and heart disease related), various sporting codes and other worthy community development initiatives.
Kumul Petroleum Holdings Limited (KPHL) today presented an interim dividend of K400 million to the Government, bringing the total contribution for 2026 to over K1 billion. The K400 million payment…
Port Moresby, 9th September 2026 – The Kumul Petroleum Holdings Limited (KPHL) Board has commenced a comprehensive review and reset of the Kumul Tower Project after a site inspection by…
Amended Shareholders Agreement aligns key decisions with the combined 52.94% majority interest held by KPHL and MRDC in Lakatoi Marketing Pte Ltd. Port Moresby, 7th September 2026 – Kumul Petroleum…
Kumul Petroleum hosts an annual Energy Summit, initiated based on the belief that PNG’s oil, gas and energy potential should be properly showcased at an appropriate venue and platform within the country rather than offshore.
We want to attract and retain the best Papua New Guineans for important roles and responsibilities in the company, to ensure our current and future success in a highly demanding industry.
As we develop our Human Resource and Talent Management capacities, we will introduce the latest in HR Practices of the industry, ensuring our competitiveness on a global standard.
We are establishing a robust performance management system which will promote individual performance, talent development and succession planning.