Today, Kumul Petroleum Holdings stated it had finalised all finance arrangements to conclude the purchase of an additional 2.6% equity in the PNG LNG Project. Kumul Petroleum Holdings managing director, Mr Sonk, said, “Kumul Petroleum has been able to raise sufficient funds to close the deal for an additional 2.6% interest in the PNG LNG…
Today was an exciting day – the PNG Kumuls squad visited staff at the Kumul Petroleum Holdings Limited office. During the visit, KPHL Managing Director and PNG NRL Bid Chairman, Wapu Sonk presented coach Justin Halbrook with a framed handwoven Bird of Paradise or Kumul, whilst team members signed a game shirt. We wish the Kumuls a…
Kumul Petroleum Holdings Limited, the national petreoleum and energy company, has announced that its annual Charity Golf Challenge is being held again, on 3rd November at the Royal Port Moresby Golf Club. A Kumul Petroleum Holdings Limited representative, EGM Corporate Affairs, Luke Liria, made this announcement today at a small launch event held just outside the…
Partnering with provinces within the PNG LNG footprint area is seen as vital. Kumul Petroleum Holdings Limited recently donated the Southern Highlands Provincial Government five vehicles to assist their administration functions. Marlcom Negints from Kumul Petroleum Holdings Limited’s External Relations team said that as one of the provinces in the PNG LNG footprint area, it…
Students at the Mt Diamond Adventist Secondary School will have some basic understanding of the laws and Constitution of the country after 200 books titled ‘Law Awareness for Papua New Guinea’ by local PNG author, Stanley Liria, were presented to the school. Kumul Petroleum Holdings Limited (KPHL) also donated 200 books by another local author, Marleen…
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Today Kumul Petroleum Holdings announced that it had finalised agreement with Santos to purchase a 2.6% equity interest in the PNG LNG Project for US$576 million, plus US$160 million share of project debt. Kumul Petroleum’s managing director, Mr Wapu Sonk said, “This transaction is the culmination of many months of discussions that have taken place…
