Report on Payments to Govts

Harbour Energy PLC

23 May 2024

 

HARBOUR ENERGY PLC

("Harbour" or the "Company")

Report on Payments to Governments for the year ended 31 December 2023

Harbour today provides information in accordance with DTR 4.3A in respect of payments made by the Company to governments for the year ended 31 December 2023 and in compliance with The Reports on Payments to Governments Regulations 2014 (SI 2014/3209).

This information, together with the basis of preparation, can also be found on pages 180 to 181 of the 2023 Annual Report and Financial Statements which is available to download at: harbourenergy.com/investors/  

Payments by Project
Country	Licence & hub/company level	Production entitlements	Production entitlements	Income taxes	Royalties (cash only)	Dividends	Bonus payments	Licence fees	Infrastructure improvement payments	Total
		bbls (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)
Indonesia	Natuna Sea Block A	1,163	77,473	25,255	-	-	-	-	-	102,728
	Total Indonesia	1,163	77,473	25,255	-	-	-	-	-	102,728
Mexico	Block 11	-	-	-	-	-	-	-	-	-
	Block 13	-	-	-	-	-	-	-	-	-
	Total Mexico	-	-	-	-	-	-	-	-	-
Norway	Corporate	-	-	(19,293)	-	-	-	-	-	(19,293)
	Total Norway	-	-	(19,293)	-	-	-	-	-	(19,293)
United Kingdom	Central North Sea	-	-	(559)	-	-	-	7,502	-	6,943
	Southern North Sea	-	-	(7,301)	-	-	-	2,886	-	(4,415)
	East Irish Sea	-	-	-	-	-	-	802	-	802
	West of Shetland	-	-	-	-	-	-	334	-	334
	Other	-	-	-	-	-	-	-	-	-
	Corporate	-	-	423,387	-	-	-	-	-	423,387
	Total UK	-	-	415,527	-	-	-	11,524	-	427,051
Vietnam	Chim Sao	152	11,973	-	-	-	-	-	-	11,973
	Corporate	-	-	22,119	7,453	-	-	-	-	29,572
	Total Vietnam	152	11,973	22,119	7,453	-	-	-	-	41,545
Total Group		1,315	89,446	443,608	7,453	-	-	11,524	-	552,031

Payments by Governments
Country	Government	Production entitlements	Production entitlements	Income taxes	Royalties (cash only)	Dividends	Bonus payments	Licence fees	Infrastructure improvement payments	Total
		bbls (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)	US$ (000)
Indonesia	SKK Migas	1,163	77,473	-	-	-	-	-	-	77,473
	Directorate General of Taxes	-	-	25,255	-	-	-	-	-	25,255
	Total Indonesia	1,163	77,473	25,255	-	-	-	-	-	102,728
Mexico	Fondo Mexicano del Petróleo para la Estabilización y el Desarrollo (FMP)	-	-	-	-	-	-	-	-	-
	Servicio de Administración Tributaria (SAT)	-	-	-	-	-	-	-	-	-
	Total Mexico	-	-	-	-	-	-	-	-	-
Norway	Tax authorities (Skatteetaten)	-	-	(19,293)	-	-	-	-	-	(19,293)
	Total Norway	-	-	(19,293)	-	-	-	-	-	(19,293)
United Kingdom	HM Revenue & Customs	-	-	415,527	-	-	-	-	-	415,527
	Oil & Gas Authority	-	-	-	-	-	-	10,696	-	10,696
	The Crown Estate	-	-	-	-	-	-	639	-	639
	Crown Estate Scotland	-	-	-	-	-	-	189	-	189
	Total UK	-	-	415,527	-	-	-	11,524	-	427,051
Vietnam	Petro Vietnam	152	11,973	-	-	-	-	-	-	11,973
	HCM Tax Department	-	-	22,119	3,938	-	-	-	-	26,057
	Vung Tau Customs office	-	-	-	3,515	-	-	-	-	3,515
	Total Vietnam	152	11,973	22,119	7,453	-	-	-	-	41,545
Total Group		1,315	89,446	443,608	7,453	-	-	11,524	-	552,031

Enquiries:

Harbour Energy plc                                                         Tel: [phone]

Elizabeth Brooks, Head of Investor Relations                 

 

END