Kumul Petroleum Holdings Limited managing director, Wapu Sonk, today handed over a cheque of K150 million to the State Owned Enterprises Minister Hon. William Duma, as final dividend payment for the year. Mr Sonk said, “This has been a tough year financially for KPHL, we have had to meet our PNG LNG Project JV cash…
KPHL’s contractor, China Petroleum Pipeline Engineering, a subsidiary of China National Petroleum Company has begun construction of a Jet A1 fuel import and storage facility at a site adjacent to the Motukea wharf. Kumul Petroleum Managing Director, Wapu Sonk said, “This facility is part of the commitment we made to the Government and people of…
Senior Kumul Petroleum Holdings technical staff are attending the annual Wison Technology Seminar, currently being held in Shanghai, China. This year the event has attracted more than 160 delegates from all over the world, along with internationally recognised industry presenters who covered a range of technologies related to matters that almost all industries have to…
Kumul Petroleum Holdings Limited recently closed an agreement with American energy company Chevron USA Inc (Singapore Branch) that will further KPHL’s goal of acquiring additional equity in the PNG LNG Project in Papua New Guinea. In September 2023, Santos announced a binding sale agreement to deliver Kumul a 2.6 per cent participating interest in the…
Kumul Petroleum Holdings Limited has just finalised its acquisition of additional equity in the PNG LNG Project from Santos Limited. KPHL managing director Wapu Sonk explains, “Under our agreement with Santos we made a part payment of US$352 million earlier this year, with the balance to be paid by December 2024, and we have just…
On Monday 28 October the PNG Kumuls team and coaching staff visited the office of one the team’s major sponsor’s – Kumul Petroleum Holdings Limited. Since the company work force now numbers in excess of 100 individuals the various floors of the office interacted with team members in rotation, bringing their favourite items of Kumuls…
On the sidelines of the 2024 Petroleum & Energy Conference today, Kumul Petroleum Holdings Limited Managing director, Wapu Sonk signed a Pre-Front-End Engineering & Development (FEED) contract for a Floating LNG (FLNG) facility in the Gulf of Papua, in PNG. Mr Sonk announced that this important contract had been awarded to Shanghai Wison Offshore &…
In a recent press conference Petroleum & Energy Minister Thomas Opa reminded the public that the 2024 PNG Petroleum and Energy Conference later in October will promote investment opportunities in PNG, while also discussing the country’s transition to a greener energy future. The event is being hosted by Kumul Petroleum Holdings Limited, whose managing director,…
Nestled in the middle of the Markham valley grasslands the Wawin Centre of Excellence is one of only six National High Schools with this moniker in the country, sitting alongside those at Sogeri, Aiyura, Passam, Kerevat, and Port Moresby. Addressing this year’s graduation of Year 12 students was Kumul Petroleum Holdings Corporate Secretary, Ms Dianne…
Yesterday, 24 September Prime Minister Marape officially commissioned the new Catheterization Laboratory, in the National Heart Centre at Port Moresby General Hospital. At the commissioning ceremony, KPHL managing director Mr Wapu Sonk noted, “this is the culmination of many years of support to the facility by Kumul Petroleum, who committed K50 million over five years,…
People living in villages near remote Teapopo, on the Fly River will no longer have to travel for hours to Daru or Balimo to seek basic medical services after Kumul Petroleum joined with the provincial government and opened a newly constructed health centre. The opening was officiated by Kumul Petroleum’s external affairs executive general manager,…
At the end of August seventeen ExxonMobil trainees graduated in a ceremony held at the Kumul Petroleum Academy at Idubada. The trainees had completed a one-year full time course and achieved City and Guilds certification in their studied discipline. Eleven trainees received their certificate in plant process operation and six with certification as instrument maintenance…
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…
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.
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,…
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…
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…
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.