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KPHL Signs MOU with MRDC 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…
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Hex Code
Color name
RGB
HSL
CMYK
#E30518
Monza
227, 5, 24
355, 96, 45
0, 98, 89, 11
#55ACEE
Picton Blue
85, 172, 238
206, 82, 63
64, 28, 0, 7
#111111
Cod Gray
17, 17, 17
0, 0, 7
0, 0, 0, 93
Kumul Petroleum Holdings Limited (KPHL) is Papua New Guinea’s national petroleum company, managing the State’s interests in the country’s oil and gas sector. Its activities include holding an interest in the PNG LNG project and working with industry partners to explore opportunities for aggregating gas from discovered and prospective resources in the Gulf of Papua. KPHL also participates in LNG and gas marketing arrangements and supports development of energy-related infrastructure, including the Motukea Fuel Facility and a training and fabrication facility near Caution Bay.
Beyond its commercial role, KPHL contributes to national development through dividends to the Government and investment in community initiatives. Its reported work includes supporting cancer treatment services at ANGAU Memorial Hospital, funding assistance for children in out-of-home care, and a graduate development program. The company highlights governance, sustainability, transparency and accountability through its policies and activities. KPHL also shares industry information through news, annual reports, events and the Petroleum and Energy Conference, while providing career opportunities and professional training.
Brand industry
Heavy Industry and Engineering
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