Kumul Petroleum Holdings Limited

More PPE from KPHL, WHO

This was his message when receiving donations from Kumul Petroleum Holdings Limited and the World Health Organisation (WHO) on Friday.

“The message must be clear to our people. We are in the new normal stage now and our people must never go back to the old ways where you think you don’t have to wash your hands before you eat…Continue to be vigilant,” Minister Wong stressed.

KPHL backs COVID-19 response

KPHL recently presented K5 million, on top of a K100 million dividend payment for 2020, to the to the National Government to assist with preparedness to combat and contain Coronavirus in the country.

The presentation was made on Friday, March 27th, 2020 by KPHL Managing Director Wapu Sonk.

Public Accounts Committee issues reminder to KPHL

Chairman Sir John Pundari made the statement in response to KPHL saying their finances and books do not qualify as ‘public accounts of the State’.

The board of PNG’s national oil and gas company did not take too kindly to a statement made by Sir John in the media.

Geologist awarded scholarship under new partnership

Ivano, from Eastern Highlands Province, was nominated by his employer, Kumul Petroleum Holdings Limited.

Ivano was selected as a result of his outstanding performance and the leadership potential he has shown in his workplace.

“I am very grateful to my employer Kumul Petroleum Holdings, Santos Limited and the Australian government for this privilege to further my studies. Such partnerships are needed to help facilitate progress and development of nationals in PNG and I am humbled to be given this opportunity,” he said.

Charity home receives K100,000

KPHL, PNG's oil and gas company, presented a cheque of K100,000 to Life PNG Care Managing Director Collin Pake.

The charity event saw 42 four-men teams – made up mostly of corporate bodies – participate, raising more than K130,000.

However, K30,000 will be retained to assist organise other charity events.

Kumul Petroleum Holdings managing director, Wapu Sonk, commended the teams who supported the tournament, which will become an inaugural event.

The funds will go towards assisting Life PNG Care’s Strongim Pikinini Program.

36 teams take part in charity golf

The inaugural charity event by Kumul Petroleum Holdings saw 36 teams tee off at 10am yesterday.

The event organisers anticipated 44 teams however, 36 registered for the one day event.

Among those who participated was Works Minister Michael Nali and Education Minister Nick Kuman.

Event organiser from Kumul Petroleum Holdings, Willie Kupo, says it was a fun day which saw 144 players on the green.

The inaugural charity golf challenge ended at 5pm yesterday.

All funds raised will go towards Life PNG Care's charity programs.

Kumul holdings to host golf challenge

The inaugural charity golf challenge will see funds raised this year go towards supporting the work of Life PNG Care.

The NGO runs a care centre for underprivileged children living in Port Moresby.

It currently has 54 children residents at the centre and also feeds 100 street children during the weekends.

KPHL happy with Exxon P’nyang gas increase

In a statement, KPHL Managing Director, Wapu Sonk, also says the Government through the Department of Energy, should be congratulated for insisting back in 2016 that P’nyang South drilling and reserve certification be completed first before discussing the Application for Petroleum Development License (APDL).

Sonk said now they can discuss the APDL knowing what reserves they are dealing with.

He said it also gives comfort that Train 3 discussions will happen as soon as ExxonMobil submits the other requirements for APDL.

Positive results for LNG market: KPHL

Kumul Petroleum Holdings Limited managing director Wapu Sonk made these remarks during the 2nd Petroleum and Energy Summit in Port Moresby on Monday.

However, Sonk said PNG is uniquely positioned and is central to the biggest demand growth in South East Asia.

When the price of LNG drops, it will increase the demand and PNG will be in a better position to market its LNG, stated the MD.

KPHL donates K50m to disaster

The KPHL Board approved the company’s contribution during a special meeting last week.

Chairman Sir Moi Avei said the KPHL Board recognises the challenges the Government faces and the needs of the affected people, hence the decision to help rebuild infrastructure and restore normalcy to Hela, Southern Highlands, Western, Gulf and parts of Enga.

Managing Director Wapu Sonk said also share similar sentiment saying KPHL assistance is to the National Disaster Relief fund.