Tullow Oil PLC Report on Payments to Govts (0009D)
24 June 2021 - 9:00PM
UK Regulatory
TIDMTLW TIDMTTM TIDMTTM
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 Production Income Royalties Dividends Bonus Licence Infrastructure
Entitlement Entitlements Taxes (Cash only) Payments Fees 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 Production Income Royalties Dividends Bonus Licence Infrastructure
entitlements entitlements taxes (cash only) payments fees 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 Production Income Royalties Dividends Bonus Licence Infrastructure
Entitlements entitlements* taxes (cash payments fees improvement
only)
============= ============== ========= ========== ========== ========= ========== =================
bbls'000 USD'000 USD'000 USD'000 USD'000 USD'000 USD'000 USD'000
============= ============== ========= ========== ========== ========= ========== =================
The Republic of - 768 - - - - - -
Cote d'Ivoire,
Ministry of Mines
and Petroleum
Resources
Total Côte - 768 - - - - - -
d'Ivoire
Republic of
Equatorial
Guinea, Ministry
of Mines, Industry
and Energy 312 15,881 - - - - - -
Ministere Du Budget - - 20,744 - - - - -
Et Du Portefeuille
De L'Etat, Direction
Générale
Des Impôts
Total Equatorial
Guinea 312 15,881 20,744 - - - - -
DGE (General - - 78,253 - - - - -
management
of taxes)
Gabonese Public - - - 22,803 - - - -
Treasury - Ministry
of Finance
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, - - - - - - 10,000 -
République
Islamique de
Mauritanie
Mauritanian Finance - - - - - - 35 -
Ministry & Direction
of Environmental
Commission
Total Mauritania - - - - - - 10,035 -
Ministry of
Petroleum
and Energy - - - - - - 93 1
Total Kenya - - - - - - 93 1
Ministry of Mines - - - - - - 169 -
and Energy
Total Namibia - - - - - - 169 -
Ministry of Energy - - - - - - 158 -
and Minerals
Development
Total Uganda - - - - - - 158 -
Ministry of Energy - - - - - - 62 -
and Mining
Total Argentina - - - - - - 62 -
Bureau Geologique - - - - - - 48 -
des Comores
Total Comoros - - - - - - 48 -
Superintendencia - - 149 - - - - -
Nacional de Aduanas
y de
Administración
Tributaria
Total Peru - - 149 - - - - -
Guyana Geology - - - - - - 40 -
and Mines Commission
(GGMC)
Total Guyana - - - - - - 40 -
Department of - - - - - - 20 -
Business, Energy
& Industrial
Strategy
Her Majesties - - (31,060) - - - - -
Revenue and Customs
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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