REG - Tullow Oil PLC Tullow Oil PLC - FP Tullow Oil PLC - NP - Report on Payments to Govts

Tullow OilAnnouncement

24/06/2021 12:05

RNS Number : 0009D
  
Tullow Oil PLC
  
24 June 2021
  
 

Tullow Oil plc
Report on payments to governments for the year 2020
Introduction
Tullow Oil plc has prepared the following consolidated report in respect of payments made to governments for the year ended 31 December 2020 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/7416/1652/0285/2020_Payment_to_Government_Report.pdf
Disclosure by licence and country



 


Production                 Entitlement


Production
Entitlements*


Income Taxes


Royalties
(Cash only)


Dividends


Bonus      Payments


 Licence Fees


Infrastructure Improvement




 


BBL000


$000


$000


$000


$000


$000


$000


$000




CI-26 Espoir


-


768


-


-


-


-


-


-




Total Cote d'Ivoire


-


768


-


-


-


-


-


-




Ceiba


101


5,141


-


-


-


-


-


-




Okume Complex


211


10,740


-


-


-


-


-


-




Tullow Equatorial Guinea Ltd


-


-


20,744


-


-


-


-


-




Total Equatorial Guinea


312


15,881


20,744


-


-


-


-


-




Echira


-


-


-


1,954


-


-


-


-




Ezanga


-


-


-


3,093


-


-


-


-




Limande


-


-


-


1,620


-


-


-


-




M'Oba


-


-


-


84


-


-


-


-




Niungo


-


-


-


2,327


-


-


-


-




Oba


-


-


-


776


-


-


-


-




Ruche


-


-


-


977


-


-


-


-




Simba


-


-


-


5,391


-


-


-


-




Tchatamba Marin


-


-


-


5,572


-


-


-


-




Turnix


-


-


-


1,009


-


-


-


-




Tullow Oil Gabon SA


-


-


78,253


-


-


-


-


-




Total Gabon


-


-


78,253


22,803


-


-


-


-




Deep Water Tano


-


-


-


-


-


-


59


-




Jubilee Field Unit area


540


27,486


-


-


-


-


-


-




TEN Development area


420


21,378


-


-


-


-


-


68




West Cape Three Points


-


-


-


-


-


-


18


-




Tullow Ghana Ltd


-


-


31,409


-


-


-


-


3,227




Total Ghana


960


48,864


31,409


-


-


-


77


3,295




PSC B (Chinguetti EEA)


-


-


-


-


-


-


35


-




Block C-3


-


-


-


-


-


-


10,000


-




Total Mauritania


-


-


-


-


-


-


10,035


-




Block 12B


-


-


-


-


-


-


93


-




Tullow Kenya B.V.


-


-


-


-


-


-


-


1




Total Kenya


-


-


-


-


-


-


93


1




PEL 37


-


-


-


-


-


-


129


-




PEL 90


-


-


-


-


-


-


40


-




Total Namibia


-


-


-


-


-


-


169


-




Tullow Uganda Operation Pty Ltd


-


-


-


-


-


-


158


-




Total Uganda


-


-


-


-


-


-


158


-




Block MLO 114


-


-


-


-


-


-


25


-




Block MLO 119


-


-


-


-


-


-


19


-




Block MLO 122


-


-


-


-


-


-


18


-




Total Argentina


-


-


-


-


-


-


62


-



 



 


Production entitlements


Production entitlements*


Income

taxes


Royalties 
(cash only)


Dividends


Bonus payments


Licence

fees


Infrastructure improvement 




 


BBL 000


$000


$000


$000


$000


$000


$000


$000










































Block 35


-


-


-


-


-


-


16


-




Block 36


-


-


-


-


-


-


16


-




Block 37


-


-


-


-


-


-


16


-




Total Comoros


-


-


-


-


-


-


48


-




Tullow Peru Ltd


-


-


149


-


-


-


-


-




Total Peru


-


-


149


-


-


-


-


-




Orinduik


-


-


-


-


-


-


40


-




Total Guyana


-


-


-


-


-


-


40


-




P039


-


-


-


-


-


-


5


-




P060


-


-


-


-


-


-


5


-




P852


-


-


-


-


-


-


5


-




P037


-


-


-


-


-


-


5


-




TOSK


-


-


(31,060)


-


-


-


-


-




Total UK


-


-


(31,060)


-


-


-


20


-



 
*Where production entitlement is paid in barrels this has been multiplied by the Group's 2020 average realised oil price of $50.9/bbl. 
 
Disclosure by government








Production

Entitlements


Production entitlements*


Income taxes


Royalties (cash only)


Dividends


Bonus payments


Licence fees


Infrastructure improvement 


 









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


-


768


-


-


-


-


-


-


 




Total Côte d'Ivoire


-


768


-


-


-


-


-


-


 




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


312


15,881


-


-


-


-


-


-


 




Ministere Du Budget Et Du Portefeuille De L'Etat, Direction Générale Des Impôts


-


-


20,744


-


-


-


-


-


 




Total Equatorial Guinea


312


15,881


20,744


-


-


-


-


-


 




DGE (General management of taxes)


-


-


78,253


-


-


-


-


-


 




Gabonese Public Treasury - Ministry of Finance


-


-


-


22,803


-


-


-


-


 




Total Gabon


-


-


78,253


22,803


-


-


-


-


 




Ghana National Petroleum Corporation


960


48,864


-


-


-


-


-


-


 




Ghana Revenue Authority


-


-


31,409


-


-


-


77


3,295


 




Total Ghana


960


48,864


31,409


-


-


-


77


3,295


 




Hydrocarbon Fund, République Islamique de Mauritanie


-


-


-


-


-


-


10,000


-


 




Mauritanian Finance Ministry & Direction of Environmental Commission


-


-


-


-


-


-


35


-


 




Total Mauritania


-


-


-


-


-


-


10,035


-


 




Ministry of Petroleum and Energy


-


-


-


-


-


-


93


1


 




Total Kenya


-


-


-


-


-


-


93


1


 








































 








































 








































 




 
 
 


































 








































 




Ministry of Mines and Energy


-


-


-


-


-


-


169


-




Total Namibia


-


-


-


-


-


-


169


-




Ministry of Energy and Minerals Development


-


-


-


-


-


-


158


-




Total Uganda


-


-


-


-


-


-


158


-




Ministry of Energy and Mining


-


-


-


-


-


-


62


-




Total Argentina


-


-


-


-


-


-


62


-




Bureau Geologique des Comores


-


-


-


-


-


-


48


-




Total Comoros


-


-


-


-


-


-


48


-




Superintendencia Nacional de Aduanas y de Administración Tributaria


-


-


149


-


-


-


-


-




Total Peru


-


-


149


-


-


-


-


-




Guyana Geology and Mines Commission (GGMC)


-


-


-


-


-


-


40


-




Total Guyana


-


-


-


-


-


-


40


-




Department of Business, Energy & Industrial Strategy


-


-


-


-


-


-


20


-




Her Majesties Revenue and Customs


-


-


(31,060)


-


-


-


-


-




Total UK


-


-


(31,060)


-


-


-


20


-




















 
*Where production entitlement is paid in barrels this has been multiplied by the Group's 2020 average realised oil price of $50.9/bbl. 
 

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