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Today Kumul Petroleum Holdings awarded a contract to OilMin Holdings Limited to carry out seismic work in two petroleum retention licences where KPHL is the operator. General Manager, Fintan Lalor, signed the contract on behalf of OilMin. Kumul Petroleum managing director, Wapu Sonk, said,”This contract award is the next step in our management of the…
Kumul Petroleum Holding Limited today criticised Puma Energy for leaking to the media the contents a commercially sensitive letter written to the Prime Minister and senior ministers, without the courtesy of informing or consulting KPHL or its Trustee Delegate Minister, Hon William Duma, who were deliberately not copied on the letter. Kumul Petroleum Managing Director,…
Kumul Petroleum Holding Limited today handed over a cheque for K1 million to Enga Governor, Hon. Peter Ipatas, to assist with the ongoing disaster relief effort at Mulitaka, in Enga Province. Kumul Petroleum Managing Director, Wapu Sonk when presenting the cheque said, “There has been a lot of support coming from other countries, companies and…
The ongoing development of the skills of the junior cohorts of the racquet sports of tennis and squash have been once again supported by Kumul Petroleum Holdings Limited in 2024. This support has enabled both domestic and international training and competitions for these young players. In the Western Pacific Qualifiers held in Fiji in April…
Kumul Petroleum Holdings has organised more shipments of fuel, including vital Jet A1 to alleviate the current shortages experienced by the country. Kumul Petroleum managing director, Wapu Sonk, advised,” We are aware that current fuel importers are unable to meet the demand for fuel, particularly the Jet A1 used by the aviation industry, and once…
Port Moresby, 17 April 2024 – Kumul Petroleum Holdings Limited today announced that for the first time it was directly marketing Liquified Natural Gas on the ‘spot’ market from its share of product from the PNG LNG Gas Project that was not committed to long term sales agreements. Confirmed last month, the deal is to…
A shipment of diesel and Jet A1 was recently discharged at NapaNapa to assist the country address its current fuel shortage crisis. The National Government, under the Essential Services Act and through an NEC decision, mandated Kumul Petroleum Holdings to find commercial solution to help the country manage the energy crisis. KPHL took over a…
Today Kumul Petroleum Holdings Limited officially launched its WAN PNG platform, a national candidate database and career portal that the company has developed in partnership with UBIDY. WAN PNG will provide a clear pathway to employment whether one is a student, school leaver, university graduate, employed or unemployed. It will provide access to training, life…
Kumul Petroleum Holding’s managing director, Wapu Sonk, today made a presentation at the ‘LNG Supplies for Asian Markets’ conference in Singapore. Mr Sonk’s address, titled ‘PNG’s Next Phase of LNG Development’ outlined the current petroleum development situation in Papua New Guinea, projects that are in the pipeline such as Papua and P’nyang LNG projects and…
Maintaining its practice of organising charity golf events in Port Moresby and Lae, Kumul Petroleum Holdings Limited is once again hosting its annual charity golf event in Lae. Wapu Sonk, Managing Director of Kumul Petroleum Holdings said, “This year our charity golf event will be held on the greens of the Lae Golf Club, on…
Kumul Petroleum Holdings Limited, Papua New Guinea’s national petroleum and energy company, announced today that all necessary verification had been completed with the representative company of the PDL 2 landowners, enabling them to receive their portion of accrued Kroton Equity Option (KEO) preferential dividends. Wapu Sonk, Managing Director of Kumul Petroleum said, “together with DPE…
The managing director of Kumul Petroleum Holdings Limited, Mr Wapu Sonk, has reacted to the allegations made recently by the director general of National Institute of Standards and Industrial Technology (NISIT). Mr Sonk noted, “I find it difficult to understand how an allegation of lost billions of kina can be made. There appears to be…
Kumul Petroleum Holdings Limited through its training entity, the Kumul Petroleum Academy (KPA) is expanding its training capacity by building a new training facility next door to its Fabrication Facility, now under construction near the PNG LNG Project Plant site at Caution Bay. As part of its expansion plans, KPHL today signed a ‘Manage and…
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…
Are you in search of a job right now? Do you want to be noticed by the business community? If yes, then register now with WAN PNG! Our platform will provide a clear pathway to employment no matter the stage of life; Student, School Leaver, University, Employed or Unemployed. Our world class technology platform tailored…
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…
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