Managing director Wapu Sonk said it was important to have adequate and appropriately qualified senior technical management personnel given the state of play in the energy industry right now.
With the ramp up of operations in the petroleum sector as well as in related developments, the appointment was timely, the Post-Courier newspaper reported.
Sonk said he was confident that Schulz would be a huge asset for Kumul Petroleum, as he had decades of experience in engineering and petroleum development projects in Australia, PNG and elsewhere.
"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," Sonk said.
Schulz has more than 25 years of leadership and major project management experience with several companies, including Kellogg, Brown and Root, BHP and Santos.
"This experience includes three years in PNG from 2010 to 2012 as country manager for Santos, which is a major partner in the PNG LNG project and operator of the country's oil fields," Sonk said.
Sonk said this gave Schulz useful in-country connections to other national and international stakeholders.