Report on Payments to Govts

RNS Number : 3230L

Tullow Oil PLC

13 May 2022

 

Tullow Oil plc

Report on payments to governments for the year 2021

Introduction

Tullow Oil plc has prepared the following consolidated report in respect of payments made to governments for the year ended 31 December 2021 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928) and DTR 4.3A of the Financial Conduct Authority's Disclosure and Transparency Rules. Further details, including the basis of preparation, can be found in the Company's Payment to Government Report. This report is available for download from: https://www.tullowoil.com/application/files/7316/4811/4907/2021_Payment_to_Government_Report.pdf

Disclosure by licence and country

				European transparency directive disclosure
2021	Production entitlements	Production entitlements	Income taxes	Royalties (cash only)	Dividends	Bonus payments	Licence fees	Infrastructure improvement payments
Licence / Company level	BBL000	$000	$000	$000	$000	$000	$000	$000
CI-26 Espoir	-	928	-	-	-	-	-	-
Total Cote d'Ivoire	-	928	-	-	-	-	-	-
Tullow Equatorial Guinea Ltd.	-	-	750	-	-	-	-	-
Total Equatorial Guinea	-	-	750	-	-	-	-	-
Echira	-	-	-	3,560	-	-	-	-
Ezanga	-	-	-	-  4,064	-	-	-	-
Limande	-	-	-	2,868	-	-	-	-
M'Oba	-	-	-	118	-	-	-	-
Niungo	-	-	-	3,395	-	-	-	-
Oba	-	-	-	1,395	-	-	-	-
Simba	-	-	-	13,824	-	-	-	-
Tchatamba Marin	-	-	-	8,776	-	-	-	-
Turnix	-	-	-	1,714	-	-	-	-
Tullow Oil Gabon SA	-	-	38,427	-	-	-	-	-
Total Gabon	-	-	38,427	31,586	-	-	-	-
Deep Water Tano	-	-	-	-	-	-	59	-
Jubilee Field Unit Area	485	30,410	-	-	-	-	-	-
TEN Development Area	283	17,744	-	-	-	-	-	2
West Cape Three Points	-	-	-	-	-	-	18	-
Tullow Ghana Ltd.	-	-	43,446	-	-	-	-	2,716
Total Ghana	768	48,154	43,446	-	-	-	77	2,718
PSC B (Chinguetti EEA)	-	-	-	-	-	-	35	-
Total Mauritania	-	-	-	-	-	-	35	-
Block 10BA	-	-	-	-	-	-	231	-
Block 10BB	-	-	-	-	-	-	116	-
Block 13T	-	-	-	-	-	-	24	-
Total Kenya	-	-	-	-	-	-	371	-
PEL 90	-	-	-	-	-	-	24	-
Total Namibia	-	-	-	-	-	-	24	-
Block MLO 114	-	-	-	-	-	-	83	-
Block MLO 119	-	-	-	-	-	-	85	-
Block MLO 122	-	-	-	-	-	-	111	-
Total Argentina	-	-	-	-	-	-	280	-
PEL-28	-	-	-	-	-	-	100	-
Total Zambia	-	-	-	-	-	-	100	-
Tullow Peru Limited	-	-	-  77	-	-	-	-	-
Total Peru	-	-	-  77	-	-	-	-	-
Orinduik	-	-	-	-	-	-	40	-
Total Guyana	-	-	-	-	-	-	40	-
P039	-	-	-	-	-	-	2	-
P060	-	-	-	-	-	-	2	-
P852	-	-	-	-	-	-	2	-
P037	-	-	-	-	-	-	2	-
TOSK	-	-	-  22,281	-	-	-	-	-
Tullow Oil Plc	-	-	-  10,024	-	-	-	-	-
Total UK	-	-	-  32,305	-	-	-	8	-

*Where production entitlement is paid in barrels this has been multiplied by the Group's 2021 average realised oil price of $62.7/bbl.

Disclosure by government

	Production		Production entitlements*		Income taxes		Royalties (cash only)		Dividends		Bonus payments	Licence fees	Infrastructure improvement
	Entitlements
2021	bbls'000		USD'000		USD'000		USD'000		USD'000		USD'000	USD'000	USD'000
The Republic of Cote d'Ivoire, Ministry of Mines and Petroleum Resources	-		928		-		-		-		-	-	-
Total Côte d'Ivoire	-		928		-		-		-		-	-	-
Ministere Du Budget Et Du Portefeuille De L'Etat, Direction Générale Des Impôts	-		-		750		-		-		-	-	-
Total Equatorial Guinea	-		-		750		-		-		-	-	-
Adavnce CIT Trésor Public	-		-		38,427		-		-		-	-	-
Direction Général des Impôts	-		-		-		31,586		-		-	-	-
Total Gabon	-		-		38,427		31,586		-		-	-	-
Ghana National Petroleum Corporation	768		48,154		-		-		-		-	-	-
Ghana Revenue Authority	-		-		43,446		-		-		-	77	2,718
Total Ghana	768		48,154		43,446		-		-		-	77	2,718
Mauritanian Finance Ministry & Direction of Environmental Commission	-		-		-		-		-		-	35	-
Total Mauritania	-		-		-		-		-		-	35	-
Ministry of Energy and Petroleum	-		-		-		-		-		-	371	-
Total Kenya	-		-		-		-		-		-	371	-
Ministry of Mines and Energy	-		-		-		-		-		-	24	-
Total Namibia	-		-		-		-		-		-	24	-
Ministry of Economy	-		-		-		-		-		-	280	-
Total Argentina	-		-		-		-		-		-	280	-
Ministry of Mines and Minerals Development	-		-		-		-		-		-	100
Total Zambia	-		-		-		-		-		-	100	-
Superintendencia Nacional de Aduanas y de Administración Tributaria	-		-		-77		-		-		-	-	-
Total Peru	-		-		-77		-		-		-	-	-
Guyana Geology and Mines Commission (GGMC)	-		-		-		-		-		-	40	-
Total Guyana	-		-		-		-		-		-	40	-
Department of Business, Energy & Industrial Strategy	-		-		-		-		-		-	8	-
Her Majesty's Revenue and Customs	-		-		-32,305		-		-		-	-	-
Total UK	-		-		-32,305		-		-		-	8	-

*Where production entitlement is paid in barrels this has been multiplied by the Group's 2021 average realised oil price of $62.7/bbl.

 

END

 

 

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