Schulz Appointed As Kumul Petroleum COO

By: PNG Business News September 19, 2022

Photo: Craig Schulz

Craig Schulz has been appointed as Kumul Petroleum Holdings Limited's new chief operating officer, filling a long-standing vacancy.

According to managing director Wapu Sonk, it is essential that they have senior technical management personnel who are sufficient and properly qualified given their current level of operations in the petroleum sector, in non-petroleum related national development activities, and with upcoming major projects like Papua LNG and P'nyang LNG.

With his decades of expertise in engineering and petroleum development projects in Australia, PNG, and other countries, he said he is convinced Mr. Schulz would be a tremendous asset for Kumul Petroleum.

“As an organisation we have to be technically and managerially ready to participate in a meaningful manner in Papua LNG, P’nyang LNG and other petroleum development projects that are in the pipeline,” he said.

Having worked with Kellogg, Brown & Root, BHP, and Santos, Mr. Schulz has more than 25 years of leadership and significant project management expertise in the energy and resources sectors in Australia and other countries.

“This experience includes three years in PNG from 2010-2012 as country manager for Santos, a major partner in the PNG LNG Project and operator of the country’s oil fields,” Mr. Sonk said.

Mr. Sonk said Mr. Schulz is not new to Papua New Guinea or the PNG petroleum business and has good links to other national and international stakeholders.

“He will hit the ground running and will be actively supporting Kumul Petroleum’s existing cadre of national professionals,” Mr. Sonk said.

“Development of PNG’s natural gas resources will underpin future national development so it is important that the economic and social benefits from petroleum projects can be maximised.

“Kumul Petroleum has to have the right team members to ensure that this is achieved.”

 

Reference: Post-Courier (9 September 2022). “Kumul Petroleum Appoints New COO”.


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