TWO young Papua New Guineans are undertaking a dream of a lifetime programme in Spain thanks to Spanish oil and gas giant and PNG oil and gas explorer Repsol.
Repsol SA has teamed with PNG’s national oil company Kumul Petroleum Holdings Limited (KPHL) to send two KPHL staff to participate in a world class masters’ degree programme sponsored by Repsol in Madrid, Spain which started in January.
The two lucky KPHL representatives, Elliona Maso, a geologist and Zechariah Yakap, a petroleum engineer, have previously undertaken KPHL’s two year Graduate Development Programme.
Repsol has been present in PNG since May 2015, thanks to the acquisition of Talisman Energy and holds 12 discovered fields, and 10 licences with large onshore acreage in the underexplored Western Papuan foreland basin.
Shortly after acquiring Talisman Energy in 2015, Repsol’s E&P executive managing director Luis Cabra, offered opportunities for KPHL national staff to attend the prestigious Master’s Degree in Oil and Gas Exploration and Production in Repsol’s Campus.
Mr Wapu Sonk, KPHL managing director, Wapu Sonk, said it is very important to have this kind of training and formal university course to upskill PNG nationals for the growing oil and gas industry in PNG.
“This is in line Kumul Petroleum Holdings Limited strategy and that has been shown by Kumul Petroleum building the Kumul Petroleum Academy, which is training high end and oil and gas specific technical skills here in Port Moresby,” Mr Sonk added.
“We would like would like to thank Repsol for sponsoring our two staff for their Masters’ Degrees in Oil and Gas Exploration and Production at the Centro de Formacion de Repsol in Spain.”
KPHL’s 16.57% participating interest is the 3rd largest in the ExxonMobil led multi-field, multi-party, integrated venture; the PNG LNG Project, with a development cost of over US$19 billion and which includes a gas conditioning plant upstream in Hides, a combined 700 kilometers of on-shore and offshore pipeline and a two-train LNG plant near Port Moresby.