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…