REG - Tullow Oil PLC Tullow Oil PLC - FP Tullow Oil PLC - NP - Report on Payments to Govts
13/05/2022 12:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220513:nRSM3230La&default-theme=true
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
(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 - - 750 - - - - -
Impôts
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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END PGRUUUORUSUVAARRecent news on Tullow Oil
See all newsREG - Tullow Oil PLC - Director/PDMR Shareholding
AnnouncementREG - Tullow Oil PLC - Total Voting Rights
AnnouncementREG - Tullow Oil PLC - 2025 Half Year Results
AnnouncementREG - Tullow Oil PLC - Directorate Change
AnnouncementREG - Tullow Oil PLC - Tullow completes sale of Gabon assets
Announcement