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…