Tullow Oil PLC

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.

 

 

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