Papua New Guinea’s national oil and gas company has completed a transaction to acquire from Santos Ltd. an additional interest of 2.6 percent in the PNG LNG project, after securing an offtake ...

December 10, 2025-- St Barbara has entered into binding agreements (the “Agreed Kumul JV Transaction”) with a wholly owned subsidiary of Kumul, the State Nominee for Papua New Guinea’s (“PNG”) share ...

Papua New Guinea's government received financial support from China to fund the repair of the Kumul Submarine Cable Network (KSCN). China provided $3.47 million in support, notes W Media, after the ...

Santos Ltd. has agreed to sell to Kumul Petroleum Holdings Ltd. a 2.6% participating interest in PNG LNG for $576 million, plus $160 million share of project debt. Santos Ltd. has agreed to sell to ...

Santos has agreed to provide additional time for Kumul to pay the full purchase price of its stake acquisition in PNG LNG. Australian energy major Santos Ltd. has reached an agreement with Kumul ...

Kumul Petroleum Holdings Ltd. has met the funding conditions to buy a 2.6 percent stake in PNG LNG from Santos Ltd., Santos said in a media release. Kumul paid approximately $250 million into escrow ...

Feb 1 (Reuters) - Oil and gas giant Santos STO.AX said on Thursday it had amended the terms of sale of its 2.6% stake in PNG liquefied natural gas (LNG) project to Kumul Petroleum, allowing the Papua ...

Santos amends PNG stake sale terms with Papua New Guinea's Kumul Petroleum Oil and gas giant Santos said on Thursday it had amended the terms of sale of its 2.6% stake in PNG liquefied natural gas ...

Santos Ltd. has agreed to sell to Kumul Petroleum Holdings Ltd. a 2.6% participating interest in PNG LNG for $576 million, plus $160 million share of project debt. Kumul already holds 16.57% interest ...