REG - Tullow Oil PLC Tullow Oil PLC - FP Tullow Oil PLC - NP - Report on payments to governments 2017

Tullow OilAnnouncement

29/06/2018 13:05

RNS Number : 0958T
Tullow Oil PLC
29 June 2018
 


Tullow Oil plc
Report on payments to governments for the year 2017
Introduction
Tullow Oil plc has prepared the following consolidated report in respect of payments made to governments for the year ended 31 December 2017 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 on pages 169 to 175 of the Company's Annual Report and Accounts.
This report is available for download from http://www.tullowoil.com/investors/regulatory-news.
Disclosure by licence and country




 


Production entitlements


Production entitlements


Income

taxes


Royalties (cash only)


Dividends


Bonus payments


Licence

fees


Infrastructure improvement payments




 


BBL000


$000


$000


$000


$000


$000


$000


$000




South Omo


-


-


-


-


-


-


-


25




Tullow Ethiopia B.V.


-


-


-


-


-


-


-


-




Total Ethiopia


-


-


-


-


-


-


-


25




M'Boundi


63


3,673


-


-


-


-


-


-




Total Congo


63


3,673


-


-


-


-


-


-




CI-26 Espoir


40


2,354


-


-


-


-


-


-




CI-301


-


-


-


-


-


-


375


-




CI-302


-


-


-


-


-


-


375


-




CI-518


-


-


-


-


-


-


375


-




CI-519


-


-


-


-


-


-


375


-




Tullow Cote d'Ivoire Exploration Ltd.


-


-


-


-


-


-


-


-




Total Cote d'Ivoire


40


2,354


-


-


-


-


1,500


-




Ceiba


123


7,171


-


-


-


-


-


-




Okume Complex


336


19,589


-


-


-


-


-


-




Tullow Equatorial Guinea Ltd.


-


-


21,647


-


-


-


-


-




Total Equatorial Guinea


459


26,760


21,647


-


-


-


-


-




Echira


-


-


-


2,434


-


-


-


-




Ezanga


-


-


-


2,465


-


-


-


-




Ingongo


-


-


-


64


-


-


-


-




Limande


-


-


-


4,177


-


-


-


-




M'Oba


-


-


-


94


-


-


-


-




Niungo


-


-


-


4,024


-


-


-


-




Tchatamba


-


-


-


8,449


-


-


-


-




Turnix


-


-


-


1,772


-


-


-


-




Tullow Oil Gabon SA


-


-


-


-


-


5,000


-


-




Oba


-


-


-


1,561


-


-


-


-




Tulipe Oil SA


-


-


-


-


-


-


-


-




Total Gabon


-


-


-


25,040


-


5,000


-


-




Jubilee


581


33,872


-


-


-


-


-


246




TEN


482


28,101


-


-


-


-


-


30




Tullow Ghana Ltd.


-


-


-


-


-


-


59


1,087




Total Ghana


1,063


61,973


-


-


-


-


59


1,363




Block C-3


-


-


-


-


-


-


29


-




Block C-10


-


-


-


-


-


-


24


-




Block C-18


-


-


-


-


-


-


26


-




PSC B (Chinguetti EEA)


28


1,632


-


-


-


-


258


-




Tullow Petroleum Mauritania Pty Ltd


-


-


-


-


-


-


-


-




Tullow Mauritania Ltd.


-


-


-


-


-


-


-


-




Total Mauritania


28


1,632


-


-


-


-


337


-




 
 




 


Production entitlements


Production entitlements


Income

taxes


Royalties (cash only)


Dividends


Bonus payments


Licence

fees


Infrastructure improvement payments




 


BBL 000


$000


$000


$000


$000


$000


$000


$000




Block 10BA


-


-


-


-


-


-


231


-




Block 10BB


-


-


-


-


-


-


93


-




Block 12A


-


-


-


-


-


-


46


-




Block 12B


-


-


-


-


-


-


62


-




Block 13T


-


-


-


-


-


-


19


-




Tullow Kenya B.V.


-


-


1


-


-


-


-


195




Total Kenya


-


-


1


-


-


-


451


195




Tullow Mozambique Ltd.


-


-


1


-


-


-


-


-




Total Mozambique


-


-


1


-


-


-


-


-




PEL 37


-


-


-


-


-


-


124


-




Tullow Namibia Ltd.


-


-


-


-


-


-


 


-




Total Namibia


-


-


-


-


-


-


124


-




PEL 28


-


-


-


-


-


-


78


100




Tullow Zambia B.V.


-


-


-


-


-


-


 


-




Total Zambia


-


-


-


-


-


-


78


100




Tullow South Africa Pty Ltd.


-


-


271


-


-


-


-


-




Total South Africa


-


-


271


-


-


-


-


-




Tullow Uganda Operations Pty


-


-


2,375


-


-


-


158


-




Tullow Uganda Ltd.


-


-


33,684


-


-


-


-


-




Total Uganda


-


-


36,059


-


-


-


158


-




Tullow Oil Ltd.


-


-


    (485)


-


-


-


-


-




Total Ireland


-


-


   (485)


-


-


-


-


-




Orinduik


-


-


-


-


-


-


40


-




Tullow Guyana B.V.


-


-


-


-


-


-


-


-




Total Guyana


-


-


-


-


-


-


40


-




Walton Morant


-


-


-


-


-


-


128


-




Tullow Jamaica Ltd.


-


-


-


-


-


-


-


-




Total Jamaica


-


-


-


-


-


-


128


-




E10


-


-


-


-


-


-


60


-




E11


-


-


-


-


-


-


66


-




E14


-


-


-


-


-


-


69


-




E15b


-


-


-


-


-


-


3


-




E15c


-


-


-


-


-


-


34


-




F16E


-


-


-


-


-


-


1


-




Tullow Overseas Holdings B.V.


-


-


-


-


-


-


-


-




Tullow Exp. & Prod. Netherlands B.V.


-


-


(3,921)


-


-


-


-


-




Total Netherlands


-


-


(3,921)


-


-


-


233


-




 
 
 
 




 


Production entitlements


Production entitlements


Income

taxes


Royalties (cash only)


Dividends


Bonus payments


Licence

fees


Infrastructure improvement payments




 


BBL 000


$000


$000


$000


$000


$000


$000


$000




Tullow Oil Norge AS


-


-


(122,729)


-


-


-


-


-




Total Norway


-


-


(122,729)


-


-


-


-


-




Bannu West


-


-


-


-


-


-


-


6




Kalchas


-


-


-


-


-


-


10


9




Kohat


-


-


-


-


-


-


6


12




Kohlu


-


-


-


-


-


-


6


9




Tullow Pakistan Developments Ltd.


-


-


29


-


-


-


-


-




Total Pakistan


-


-


29


-


-


-


22


36




Tullow Group Services Ltd.- Singapore


-


-


113


-


-


-


-


-




Total Singapore


-


-


113


-


-


-


-


-




Boulton B&F


-


-


-


-


-


-


58


-




Murdoch


-


-


-


-


-


-


241


-




Schooner


-


-


-


-


-


-


218


-




Munro (44/17B)


-


-


-


-


-


-


84


-




Kelvin


-


-


-


-


-


-


118


-




Katy


-


-


-


-


-


-


106


-




CMS


-


-


-


-


-


-


4


-




P039


-


-


-


-


-


-


123


-




P852


-


-


-


-


-


-


233


-




Tullow Group Services Ltd.


-


-


-


-


-


-


-


-




Tullow Oil SK Ltd


-


-


      (8,244)


-


-


-


-


-




Total UK


-


-


      (8,244)


-


-


-


1,185


-




*Where production entitlement is paid in barrels this has been multiplied by the Group's 2017 average realised oil price of $58.3/bbl. Production entitlements disclosed for Ghana excludes 4,467,372 bbls and 3,067,887 bbls taken by GNPC in respect of its equity interest in the Jubilee and TEN respectively.
Disclosure by government




 


Produc-tion entitle-ments


Produc-tion entitle-ments*


Income taxes


Royalties (cash only)


Dividends


Bonus payments


Licence fees


Infras-tructure improve-ment payments






 


bbls'000


USD'000


USD'000


USD'000


USD'000


USD'000


USD'000


USD'000




Ethiopia - Payment made to 3rd party


-


-


-


-


-


-


-


25




Total Ethiopia


-


-


-


-


-


-


-


25




Republic of Congo, Ministere des Hydrocarbures


63


3,673


-


-


-


-


-


-




Total Congo (Brazzaville)


63


3,673


-


-


-


-


-


-




The Republic of Cote d'Ivoire, Ministry of Mines and Petroleum Resources


40


2,354


-


-


-


-


1,500


-




Total Côte d'Ivoire


40


2,354


-


-


-


-


1,500


-




Republic of Equatorial Guinea, Ministry of Mines, Industry and Energy


459


26,760


-


-


-


-


-


-




Republica de Guinea Ecuatorial, Ministeria de Hacienda y Presupuestas


-


-


21,647


-


-


-


-


-




Total Equatorial Guinea


459


26,760


21,647


-


-


-


-


-




Gabonese Public Treasury - Ministry of Finance


-


-


-


25,040


-


5,000


-


-




Total Gabon


-


-


-


25,040


-


5,000


-


-




Ghana Health Service and Ghana Education Service


-


-


-


-


-


-


-


1,363




Ghana National Petroleum Corporation


1,063


61,973


-


-


-


-


-


-




Ghana Revenue Authority


-


-


-


-


-


-


59


-




Total Ghana


1,063


61,973


-


-


-


-


59


1,363




Mauritanian Finance Ministry & Direction of Environmental Commission


-


-


-


-


-


-


337


-




Ministry of Energy and Peteroleum 


28


1,632


-


-


-


-


-


-




Total Mauritania


28


1,632


-


-


-


-


337


-




Kenya Revenue Authority


-


-


1


-


-


-


-


195




Ministry of Energy and Petroleum


-


-


-


-


-


-


451


-




Total Kenya


-


-


1


-


-


-


451


195




Ministério das Finanças


-


-


1


-


-


-


-


-




Total Mozambique


-


-


1


-


-


-


-


-




Ministerial Deposit Account


-


-


-


-


-


-


124


-




Total Namibia


-


-


-


-


-


-


124


-




Zambian Ministry of Mines and Mineral Development


-


-


-


-


-


-


78


-




University of Zambia


-


-


-


-


-


-


-


100




Total Zambia


-


-


-


-


-


-


78


100




South African Revenue Services


-


-


271


-


-


-


-


-




Total South Africa


-


-


271


-


-


-


-


-




Ministry of Energy and Minerals Development


-


-


-


-


-


-


158


-




Uganda Revenue Authority


-


-


36,059


-


-


-


-


-




Total Uganda


-


-


36,059


-


-


-


158


-




Revenue Commissioners


-


-


(485)


-


-


-


-


-




Total Ireland


-


-


(485)


-


-


-


-


-




Petroleum Commission of Guyana


-


-


-


-


-


-


40


-




Total Guyana


-


-


-


-


-


-


40


-




Petroleum Corporation of Jamaica


-


-


-


-


-


-


128


-




Total Jamaica


-


-


-


-


-


-


128


-




Belastingdienst


-


-


(3,921)


-


-


-


233


-




Total Netherlands


-


-


(3,921)


-


-


-


233


-




Norwegian Tax Administration.


-


-


(122,729)


-


-


-


-


-




Total Norway


-


-


(122,729)


-


-


-


-


-




Ministry of Petroleum and Natural Resources


-


-


-


-


-


-


22


14




Federal Board of Revenue


-


-


29


-


-


-


-


-




Total Pakistan


-


-


29


-


-


-


22


36




Inland Revenue Authority of Singapore


-


-


113


-


-


-


-


-




Total Singapore


-


-


113


-


-


-


-


-




Department of Business, Energy & Industrial Stratergy


-


-


-


-


-


-


1,185


-




Her Majesties Revenue and Customs


-


-


(8,244)


-


-


-


-


-




Total UK


-


-


(8,244)


-


-


-


1,185


-




*Where production entitlement is paid in barrels this has been multiplied by the Group's 2017 average realised oil price of $58.3/bbl. Production entitlements disclosed for Ghana excludes 4,467,372 bbls and 3,067,887 bbls received by GNPC in respect of its equity interest in Jubilee and TEN, respectively.




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